Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 22,265, 9,381 total housing units (homes and apartments), and a median house value of $330,752, Crystal real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Crystal, accounting for 74.69% of the city's housing units. Other types of housing that are prevalent in Crystal include large apartment complexes or high rise apartments ( 19.65%), duplexes, homes converted to apartments or other small apartment buildings ( 3.04%), and a few row houses and other attached homes ( 2.50%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Crystal. Owner-occupied housing accounts for 73.62% of Crystal's homes, and 60.82% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Crystal's housing was primarily built during this period, from the '40s through the '60s. A full 71.99% of the city's housing hails from this era. Other housing ages represented in Crystal include homes built between 1970-1999 ( 17.76%) and housing constructed before 1939 ( 5.18%). There's also some housing in Crystal built between 2000 and later ( 5.07%).
Real estate appreciation rates in Crystal's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.27% during the period.
Over the last year, Crystal appreciation rates have trailed the rest of the nation. In the last twelve months, Crystal's appreciation rate has been -0.17%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Crystal were at 2.27%, which equates to an annual appreciation rate of 9.37%.
Relative to Minnesota, our data show that Crystal's latest annual appreciation rate is lower than 90% of the other cities and towns in Minnesota.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Crystal differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Crystal - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Crystal real estate investment or home purchase decisions.
$330,752
for Minnesota
for nation
9,381
$1,851 / per month