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Featured local agent — Coleraine, MN
Sarah Mitchell
Compass Real Estate · Coleraine, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Coleraine, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$377,450median sale price
How is the Coleraine, MN housing market right now?
The median home sale price in Coleraine, MN is $377,450, up 14.4% year-over-year. Homes sell in an average of 125 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Coleraine a buyer's or seller's market?
Coleraine, MN is currently a seller's market, based on 0.5 months of supply and homes selling in about 125 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
125
Average pace
Active listings
1
0.5 months supply
Sale-to-list
97.0%
Below asking
What does the Coleraine housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $377,450 |
| Year-over-year price change | +14.4% |
| Average days on market | 125 days |
| Active inventory | 1 listings |
| Months of supply | 0.5 months |
| Sale-to-list price ratio | 97.0% |
| Median price per sq ft | $226/sq ft |
| Homes sold (latest month) | 2 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Coleraine by property type?
How the Coleraine, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $377,450 | $226/sq ft | 2 | 125 days |
| Townhouse | $380,000 | $220/sq ft | 1 | 10 days |
Source: Redfin · Updated monthly
The Coleraine housing market is currently classified as a seller's market with a median sale price of $377,450. Prices have risen 14.4% compared to last year, with homes spending an average of 125 days on market, indicating 0.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.2x provides context for how home values compare to local earning capacity.
Homes for sale in Coleraine
There are currently 1 homes listed for sale in Coleraine, Minnesota.
Active listings
1
Homes on market
Avg. days on market
125
Days until sale
Who lives in Coleraine?
Population
1,888
Median income
$67,083/yr
Median age
38.3 years
Owner-occupied
86.4%
College grads
25.7%
Avg commute
19.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Coleraine?
Zillow home value
$213,923
Price-to-income
3.2x
Source: Zillow Research
What is it like to live in Coleraine?
Coleraine is a community of approximately 2K residents with a median age of 38.3 years.The median household income is $67,083, which represents a working-class community with solid middle-income opportunities. 25.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 86.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Coleraine offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Coleraine?
3 schools tracked · 1,005 students
The largest public schools serving Coleraine, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
VANDYKE ELEMENTARY
Grades PK-4 · 420 students
GREENWAY SENIOR HIGH
Grades 9-12 · 298 students
GREENWAY MIDDLE
Grades 5-8 · 287 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Coleraine, MN?
Want a head-to-head view? Compare Coleraine side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Coleraine?
The median home sale price in Coleraine is $377,450, up 14.4% from last year.
How long do homes stay on market in Coleraine?
Homes typically spend 125 days on market before going under contract.
What is the median income in Coleraine?
The median household income is $67,083 per year.
Is Coleraine a buyer's or seller's market?
With 0.5 months of supply, Coleraine is currently a seller's market.
What is the Zillow home value estimate for Coleraine?
The Zillow Home Value Index (ZHVI) for Coleraine is $213,923, representing the typical home value in the area.
How much does a single-family home cost in Coleraine?
The median single-family home price in Coleraine, MN is $377,450 (about $226 per square foot).
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