Coleraine, MN is a great place to live due to its relatively low median housing value of $186,000. This is significantly lower than the US House Median Value of $338,100 and makes it an attractive option for those looking for a more affordable home. The house appreciation rate in Coleraine is also quite high at 13.08%, higher than the US 1 year House Appreciation rate of 8.27%. This means that even with the low median housing value in Coleraine, homeowners are still able to enjoy a high rate of return on their investments. All in all, living in Coleraine can be a great option as it offers both affordability and potential growth.
The median home cost in Coleraine is $186,000. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Coleraine is up 13.2%.
Average Age of Homes
- The median age of Coleraine real estate is 46 years old
The Rental Market in Coleraine
- Renters make up 17.0% of the Coleraine population
- 0.0% of houses and apartments in Coleraine, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.