Living in Coleraine, MN
Coleraine, MN is a quaint, tranquil community offering a family-friendly environment and access to spectacular outdoor recreation. Known for its rich natural beauty and community spirit, Coleraine attracts those who seek a peaceful lifestyle while enjoying various activities throughout the year.
Current Market Conditions in Coleraine, MN
The real estate market in Coleraine, MN has been stable, with a mix of new buyers looking for affordable housing and continuing interest from retirees seeking a quiet place to live. The town offers a range of properties, from cozy single-family homes to larger estates near the lakes.
Recently, the housing demand has increased slightly due to the area's attractiveness for remote workers and those seeking a retreat from busy urban centers, leading to a moderate rise in home prices.
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 $247,964.00. 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 $268,940.00, with the most expensive house
in Coleraine, MN, topping out
at $669,127.00 and the cheapest home
in Coleraine, MN,
clocking in at $114,729.00. 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.
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