City:
Sauk Rapids is a city in the state of minnesota with a population of roughly 16,905. It is in Benton County, Minnesota the St. Cloud, MN core-based statistical areas (CBSA), and the Minneapolis-St. Paul, MN-WI combined statistical area (CSA).Its Zip codes include 56379 .
Real estate in Sauk Rapids, Minnesota is a hot commodity. With a population of just over 10,000 people, Sauk Rapids is a small town that has seen explosive growth in recent years. This growth has led to an increased demand for real estate in Sauk Rapids, and the market has responded by setting new records month after month.
The average price of a home in Sauk Rapids was $269,500 as of September 2017. This represents an increase of almost 20% from the previous year and makes Sauk Rapids one of the most expensive markets in Minnesota. In addition to being one of the most expensive markets in Minnesota, Sauk Rapids also boasts some of the best real estate values in all of North Dakota.
One reason for this high value is the fact that there are only a handful of homes available for sale in Sauk Rapids. The population growth has led to an increased demand for housing, but not enough new homes have been built to meet this demand. As a result, homeownership rates are high and there is strong competition for available properties.
Despite these high home values and tight inventory levels, there have been no signs of slowing down in the real estate market in Sauk Rapids. In fact, prices continue to rise month after month and it seems likely that they will continue doing so for at least another year or two. If you are looking to buy or sell property in Sauk Rapids, now may be your best chance ever!
Price Index: St. Cloud, MN