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Short Sale Listings in Cologne, MN

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Cologne, MN Foreclosures

Current Market Conditions in in Cologne, MN As of February 2026?
Over the past month, the real estate market in Cologne has become more competitive as inventory levels have slightly decreased while buyer interest remains high. Homes are selling quickly, often at or above listing prices, leading to a tightening market. Potential buyers may face challenges finding their ideal home due to high demand, especially for larger family homes.
How much do homes sell for in Cologne, MN?
The average home price is currently $557,309.
In Cologne, MN, how many homes are available?
There are currently 2 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 $16,330,000.
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, Minnesota, is a picturesque small town known for its community-oriented lifestyle and family-friendly atmosphere. Home to excellent schools and numerous parks, it offers a range of recreational opportunities for residents. Just a short drive from the Twin Cities, Cologne combines the charm of small-town living with easy access to metropolitan amenities.

Buyer vs Seller Market in Cologne, MN

The real estate market in Cologne has been showing steady growth over the last year. With a mix of new developments and older homes on the market, the town's charm continues to attract buyers, particularly families and retirees seeking a peaceful environment.

Recent trends indicate an increasing demand for single-family homes in Cologne, driven by the town's quality of life and excellent school district. As more people look to relocate from urban areas, price points are expected to rise moderately in the coming months.

Home Value Estimator For Cologne, MN

There are currently 1,507 real estate properties in Cologne, MN, with a median automated valuation model (AVM) price of $445,181.00. 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 $557,309.00, with the most expensive house in Cologne, MN, topping out at $16,330,000.00 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 Short Sale Listings

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