Located in Anoka, Chisago, and Isanti counties, Stacy ranked 1 on the Star Tribune’s 2020 Hot Housing Index. Average price per square foot was up 22 percent compared to previous four-year average. Houses sold, on average, 13 days faster than the previous year.
Key metrics provide a glimpse into how this real estate market has changed since 2016 compared to the metro.
Median days on market
The median number of days it took to sell a house in this community compared with the 13-county metro as a whole.
Annual closed sales
During 2020 there was a decline in home sales in some metro communities because of a lack of options for buyers.
Homes for sale
Active house listings by the end of each year.
Histograms use U.S. Census data to show where this city falls in relation to other cities in the 13-county metro area on key housing and income measures.
Median value of owner-occupied homes
Most metro cities have a median home value of about $250,000. The median home value in Stacy is $163,400.
Median household income
There are cities in the metro that have median household incomes as low as $36,000 or as high as $250,000. The median household income in Stacy is $66,319.
Percent owner-occupied homes
In most metro cities, the housing stock is dominated by owner-occupied homes with a relatively smaller share of rental units. In Stacy, about 87% of the housing units are owner-occupied.
Percent cost-burdened owners
Households that spend 30% or more of their income on housing costs are considered “cost-burdened.” In some metro cities, as much as 27% of homeowners are cost-burdened. In Stacy, about 27% of homeowners are cost-burdened.