Coleraine, MN Foreclosures
How much do homes sell for in Coleraine, MN?
The average home price is currently $268,851.
In Coleraine, MN, how many homes are available?
There are currently 1 active home listings available in Coleraine.
What’s the average rental cost in Coleraine, MN?
The average rental price in Coleraine is $1,412.
What is the most expensive home in Coleraine?
The most expensive home sold in Coleraine had a price of $669,854.
What is currently the cheapest priced home in Coleraine, MN?
The cheapest home for sale in Coleraine is priced at $120,035.
Living in Coleraine, MN
Coleraine, MN is a quaint small town that embodies the spirit of northern Minnesota with beautiful landscapes, a rich community life, and excellent outdoor recreational opportunities. This area offers a peaceful living environment complemented by local amenities and a friendly atmosphere that appeals to families and retirees alike.
Current Market Conditions in Coleraine, MN
Coleraine's real estate market has seen a steady increase in demand as more people look to escape urban centers for the tranquility of rural life. The influx of remote workers seeking homes with access to nature has also impacted the market, leading to a balanced inventory of homes, and prices that remain competitive yet appealing for both buyers and sellers.
Currently, homes in Coleraine are not sitting on the market for long. With an increase in interest, particularly among first-time homebuyers and families, the area is witnessing a moderate price growth. Sellers are pricing homes hopefully, which is leading to a busy market.
Home Value Estimator For Coleraine, MN
There are currently 84 real estate properties
in Coleraine, MN,
with a median automated valuation model (AVM) price
of $247,770.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Coleraine, 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 Coleraine, MN,
is $268,851.00, with the most expensive house
in Coleraine, MN, topping out
at $669,854.00 and the cheapest home
in Coleraine, MN,
clocking in at $120,035.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Coleraine, MN!
Rent Prices
In Coleraine, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Coleraine, MN, is on
a rollercoaster ride. The
average rent price in Coleraine, MN,
is $1,412.00. Indeed, when looking to rent in
Coleraine, MN, you can expect to pay as little
as $900.00 or as much
as $1,980.00,
with the average rent median estimated to
be $1,350.00. The good news is that finding
an affordable and desirable property to rent in Coleraine, 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.
Learn more on Foreclosure homes
