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Hermantown, MN Housing

 
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As of 2010-2014, median price of a house in Hermantown is $221,400, which is higher than the state average of $185,200 and is higher than the national average of $175,700. The Hermantown median house value has grown by 102.01% since 2000. The growth rate for the price of a house in Hermantown is much higher than the state average rate of 51.31% and is much higher than the national average rate of 46.91%. The median year that a house in Hermantown was built is 1989, which is newer than the median year for a house built in the state which is 1975 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 2,463 Owner Occupied Houses in Hermantown, MN, #86
Hermantown, MN
221,400 USD
Minnesota
185,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #108
Hermantown, MN
102.01%
Minnesota
51.31%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Hermantown, MNMinnesotaU.S.
Total Housing Units3,864, see rank, 100%2,364,149132,741,033
Occupied Housing Units3,452, 89.34%, see rank89.48%87.55%
Owner Occupied2,463, 63.74%, see rank64.51%56.34%
Renter Occupied989, 25.60%, see rank24.96%31.21%
Vacant Housing Units412, 10.66%, see rank10.52%12.45%
For Rent99, 2.56%, see rank1.22%2.34%
For Sale Only73, 1.89%, see rank0.96%1.20%
Rented or Sold, Not Occupied68, 1.76%, see rank0.68%0.92%
For Seasonal, Recreational, or Occasional Use34, 0.88%, see rank5.29%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant138, 3.57%, see rank2.36%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #74
Hermantown, MNMinnesotaU.S.
198919751976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Hermantown, MN%MinnesotaU.S.
Owner-Occupied Units2,463100%1,525,20174,787,460
With a Mortgage1,57764.03%, see rank68.78%65.58%
Without a Mortgage88635.97%, see rank31.22%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Hermantown, MN
1,484 USD
Minnesota
1,526 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsHermantown, MN%MinnesotaU.S.
$299 or Less00.00%, see rank0.18%0.20%
$300 to $499171.08%, see rank1.30%1.59%
$500 to $699352.22%, see rank4.08%5.01%
$700 to $9991539.70%, see rank12.50%14.32%
$1,000 to $1,49960338.24%, see rank30.43%27.90%
$1,500 to $1,99932620.67%, see rank25.36%20.35%
$2,000 to $2,99935522.51%, see rank19.32%19.52%
$3,000 or More885.58%, see rank6.84%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Hermantown, MN
19.20% of the Total Income
Minnesota
22.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Hermantown, MN%MinnesotaU.S.
10% or Less1106.98%, see rank6.13%5.86%
10% to 20%74947.50%, see rank35.03%31.95%
20% to 30%43727.71%, see rank30.01%27.64%
30% to 40%17411.03%, see rank12.88%13.74%
40% or More996.28%, see rank15.67%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Hermantown, MN
447 USD
Minnesota
475 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsHermantown, MN%MinnesotaU.S.
$199 or Less202.26%, see rank4.45%7.76%
$200 to $299465.19%, see rank10.96%14.70%
$300 to $49953460.27%, see rank39.99%34.63%
$500 to $69921624.38%, see rank27.38%21.16%
$700 or More707.90%, see rank17.23%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Hermantown, MN
10.70% of the Total Income
Minnesota
11.50% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Hermantown, MN%MinnesotaU.S.
10% or Less41146.39%, see rank43.57%40.19%
10% to 20%31235.21%, see rank31.28%31.47%
20% to 30%515.76%, see rank11.58%12.24%
30% to 40%535.98%, see rank5.05%5.64%
40% or More596.66%, see rank7.69%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Hermantown, MNMinnesotaU.S.
Total Housing Units3,864, 100%2,364,149132,741,033
1-unit, Detached2,553, 66.07%, see rank67.25%61.65%
1-unit, Attached173, 4.48%, see rank7.45%5.82%
2 Units0, 0.00%, see rank2.34%3.75%
3 or 4 Units85, 2.20%, see rank2.08%4.43%
5 to 9 Units227, 5.87%, see rank2.23%4.78%
10 or More Units615, 15.92%, see rank15.14%13.08%
Mobile Home, Boat, RV, Van, etc.211, 5.46%, see rank3.52%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Hermantown, MNMinnesotaU.S.
Total Housing Units3,864, 100%2,364,149132,741,033
1 Room67, 1.73%, see rank1.54%1.95%
2 Rooms107, 2.77%, see rank2.83%2.48%
3 Rooms191, 4.94%, see rank9.20%9.13%
4 Rooms657, 17.00%, see rank14.05%16.60%
5 Rooms757, 19.59%, see rank15.52%20.41%
6 Rooms575, 14.88%, see rank14.98%18.06%
7 Rooms558, 14.44%, see rank12.86%12.27%
8 Rooms347, 8.98%, see rank11.01%8.48%
9 Rooms or More605, 15.66%, see rank18.01%10.60%
Median Rooms5.80, see rank6.005.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Hermantown, MNMinnesotaU.S.
Total Housing Units3,864, 100%2,364,149132,741,033
No Bedroom67, 1.73%, see rank1.76%2.17%
1 Bedroom192, 4.97%, see rank11.71%11.16%
2 Bedrooms864, 22.36%, see rank26.64%26.69%
3 Bedrooms1,867, 48.32%, see rank34.15%39.70%
4 Bedrooms719, 18.61%, see rank19.81%16.05%
5 or More Bedrooms155, 4.01%, see rank5.94%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Hermantown, MNMinnesotaU.S.
Total Housing Units3,452, 100%2,115,337116,211,092
Utility Gas1,564, 45.31%, see rank66.78%48.85%
Bottled, Tank, or LP Gas450, 13.04%, see rank10.05%4.86%
Electricity863, 25.00%, see rank16.13%36.68%
Fuel Oil, Kerosene, etc.387, 11.21%, see rank2.62%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood132, 3.82%, see rank2.55%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel22, 0.64%, see rank1.17%0.47%
No Fuel Used34, 0.98%, see rank0.65%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalHermantown, MNMinnesotaU.S.
Occupied Units Paying Rent960, 100%562,19839,201,928
$199 or Less0, 0.00%, see rank2.46%1.50%
$200 to $2990, 0.00%, see rank4.66%3.18%
$300 to $49933, 3.44%, see rank9.32%7.37%
$500 to $69979, 8.23%, see rank17.06%16.01%
$700 to $999340, 35.42%, see rank33.30%29.17%
$1,000 to $1,499312, 32.50%, see rank23.49%26.88%
$1,500 to $1,99991, 9.48%, see rank7.02%9.79%
$2,000 or More105, 10.94%, see rank2.69%6.10%
Median$1,023, see rank$835$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Hermantown, MNMinnesotaU.S.
Occupied Housing Units3,452, 100%2,115,337116,211,092
No Vehicles Available257, 7.44%, see rank7.25%9.12%
1 Vehicles Available787, 22.80%, see rank30.11%33.80%
2 Vehicles Available1,392, 40.32%, see rank40.67%37.48%
3 or More Vehicles Available1,016, 29.43%, see rank21.97%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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