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Preforeclosure Homes in Coleraine, MN 55722

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Living in Coleraine, MN

Coleraine, MN, is a picturesque small town that offers a blend of outdoor adventure and a welcoming community. Known for its proximity to scenic forests and lakes, it's an ideal location for families and retirees alike. Residents enjoy a peaceful lifestyle combined with access to local amenities and quality education.

Current Market Conditions in Coleraine, MN

The real estate market in Coleraine is currently experiencing modest growth, with an increase in home prices due to demand for properties in this scenic area. Investors are seeing potential as more people seek affordable housing options outside of urban centers.

With a stable job market and an increase in tourism, Coleraine is expected to attract more residents looking for a blend of rural and suburban lifestyles. The real estate investment opportunities in the region are becoming increasingly appealing, particularly for those looking to buy rentals or vacation homes.

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 $236,425.00. 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 $266,444.00, with the most expensive house in Coleraine, MN, topping out at $663,124.00 and the cheapest home in Coleraine, MN, clocking in at $120,508.00. 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.

Coleraine, MN 55722 Preforeclosure Homes


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