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Foreclosure Homes in Cologne, MN 55322

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Cologne, MN Foreclosures

How much do homes sell for in Cologne, MN?
The average home price is currently $558,619.
In Cologne, MN, how many homes are available?
There are currently 4 active home listings available in Cologne.
What’s the average rental cost in Cologne, MN?
The average rental price in Cologne is $1,987.
What is the most expensive home in Cologne?
The most expensive home sold in Cologne had a price of $4,161,492.
What is currently the cheapest priced home in Cologne, MN?
The cheapest home for sale in Cologne is priced at $26,846.

Living in Cologne, MN

Cologne, MN, is a tranquil town characterized by its close-knit community, scenic parks, and local amenities that cater to residents' needs. It is a great place for families and outdoor enthusiasts appreciative of a slower pace of life. With easy access to nearby larger cities, Cologne offers the perfect balance of rural charm and urban conveniences.

Current Market Conditions in Cologne, MN

The real estate market in Cologne, MN, has been experiencing steady growth, with an increasing number of buyers attracted to the town's charm and affordability. Homes here typically remain on the market for a shorter duration compared to surrounding areas, indicating a strong demand for housing.

Current trends suggest rising property values, making it a favorable time for real estate investment. Investors can find promising opportunities as the area continues to develop, and as the demand for housing in suburban locations grows.

Home Value Estimator For Cologne, MN

There are currently 1,285 real estate properties in Cologne, MN, with a median automated valuation model (AVM) price of $448,503.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cologne, 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 Cologne, MN, is $558,619.00, with the most expensive house in Cologne, MN, topping out at $4,161,492.00 and the cheapest home in Cologne, MN, clocking in at $26,846.00. In other words, there’s something for every potential homebuyer or savvy investor in Cologne, MN!

Rent Prices In Cologne, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cologne, MN, is on a rollercoaster ride. The average rent price in Cologne, MN, is $1,987.00. Indeed, when looking to rent in Cologne, MN, you can expect to pay as little as $890.00 or as much as $3,720.00, with the average rent median estimated to be $1,900.00. The good news is that finding an affordable and desirable property to rent in Cologne, 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.

Cologne, MN 55322 Foreclosures

Market Trend for Cologne, MN

Total Listings Available: 4

Market Values:

Home Prices from $26,846 to $4,161,492

Average Sales Price: $558,619

Rental Values:

Rental from $890 to $3,720

Average Rent Value: $1,987 / month

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