Living in Cold Spring, MN
Cold Spring, MN, is a small yet vibrant town known for its tight-knit community and beautiful scenic surroundings. With a variety of parks and outdoor activities, it offers a perfect blend of peaceful living and lively community events. Conveniently located near St. Cloud, Cold Spring provides residents with access to a range of amenities while maintaining its small-town charm.
Current Market Conditions in Cold Spring, MN
The real estate market in Cold Spring has been relatively stable, showing a trend of steady growth over the past year as demand for homes in the area remains strong. The community's appeal, combined with its affordability compared to nearby metropolitan areas, continues to attract new residents, contributing to a competitive market landscape.
With the overall economy improving, home prices in Cold Spring have seen a healthy appreciation, reflecting a growing interest among home buyers. The market is characterized by a mix of older homes and newer developments, catering to a wide array of preferences. Low inventory and high demand mean that homes are selling quickly, often above list price.
Home Value Estimator For Cold Spring, MN
There are currently 3,048 real estate properties
in Cold Spring, MN,
with a median automated valuation model (AVM) price
of $369,700.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cold Spring, MN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Cold Spring, MN,
is $452,391.00, with the most expensive house
in Cold Spring, MN, topping out
at $2,584,626.00 and the cheapest home
in Cold Spring, MN,
clocking in at $32,800.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cold Spring, MN!
Rent Prices
In Cold Spring, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cold Spring, MN, is on
a rollercoaster ride. The
average rent price in Cold Spring, MN,
is $1,667.00. Indeed, when looking to rent in
Cold Spring, MN, you can expect to pay as little
as $590.00 or as much
as $3,460.00,
with the average rent median estimated to
be $1,610.00. The good news is that finding
an affordable and desirable property to rent in Cold Spring, MN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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