Zip 55322 (Cologne, MN) Housing

The housing in 55322 Cologne, MN has a median value of $418,200, which is significantly higher than the US median value of $338,100. Although the 1 year house appreciation in the US is 8.27%, the 1 year house appreciation in 55322 Cologne, MN is 6.82%. This indicates that the housing market in this area has appreciated more slowly than the national average. Despite this slower appreciation rate, 55322 Cologne continues to be a desirable place to live due to its high median housing values.

The median home cost in Cologne (zip 55322) is $418,200. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Cologne (zip 55322) is up 11.0%.

Average Age of Homes

- The median age of Cologne (zip 55322) real estate is 37 years old

The Rental Market in Cologne (zip 55322)

- Renters make up 12.8% of the Cologne (zip 55322) population
- 0.0% of houses and apartments in Cologne (zip 55322), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Cologne, Minnesota	United States
	1,457.0	139,647,020.0
	29	42
	$418,200	$338,100
	11.0%	16.6%
	45.3%	57.0%
	89.8%	101.1%
	$9.46	$10.98
	$3,148	$2,690
	86.9%	57.4%
	3.7%	11.2%
	9.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.7%	0.4%
	0.0%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	0.5%	2.4%
	0.9%	2.8%
	0.4%	3.9%
	0.0%	4.5%
	2.6%	11.3%
	6.6%	13.0%
	30.5%	20.1%
	23.6%	13.6%
	21.6%	8.3%
	8.1%	9.7%
	1.6%	3.9%
	0.9%	2.2%
	1.2%	0.8%
	0.8%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	14.6%	13.6%
	14.6%	13.6%
	19.0%	13.6%
	5.4%	13.2%
	8.3%	14.8%
	19.0%	13.6%
	3.0%	10.0%
	1.9%	4.7%
	20.0%	12.2%

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