Cologne, MN is an ideal place to live if you're looking for a steady housing market. The median value of a home in Cologne is $357,900, which is slightly higher than the US house median value of $338,100. The appreciation rate for homes in Cologne is 6.82%, lower than the national average of 8.27%. This means that the housing prices are stable and not fluctuating too much from year to year. Cologne's housing market is a great choice for those who want to own a home without worrying about large fluctuations in prices or appreciation rates.
The median home cost in Cologne is $357,900. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Cologne is up 11.0%.
Average Age of Homes
- The median age of Cologne real estate is 22 years old
The Rental Market in Cologne
- Renters make up 17.1% of the Cologne population
- 0.0% of houses and apartments in Cologne, 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.