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Sarah Mitchell

CNESRESABR

Compass Real Estate · Cologne, MN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Cologne, MN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Cologne, MN Housing Market & Real Estate

Seller's market+1.3% YoY

Housing market overview · Updated monthly ·

$432,000median sale price

How is the Cologne, MN housing market right now?

The median home sale price in Cologne, MN is $432,000, up 1.3% year-over-year. Homes sell in an average of 63 days with 4 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Cologne a buyer's or seller's market?

Seller's market1.3 months of supply63 avg. days on market

Cologne, MN is currently a seller's market, based on 1.3 months of supply and homes selling in about 63 days. How we determine this →

Homes sold

3

Last 12 weeks

Days on market

63

Average pace

Active listings

4

1.3 months supply

Sale-to-list

100.0%

Above asking

What does the Cologne housing market data show?

Current housing market statistics for Cologne, MN
MetricValue
Median sale price$432,000
Median list price$385,000
Year-over-year price change+1.3%
Average days on market63 days
Active inventory4 listings
Months of supply1.3 months
Sale-to-list price ratio100.0%
Median price per sq ft$303/sq ft
Homes sold (latest month)3
New listings (latest month)4
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Cologne by property type?

How the Cologne, MN market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Cologne, MN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$432,000$303/sq ft363 days
Townhouse$235,000$168/sq ft1

Source: Redfin · Updated monthly

The Cologne housing market is currently classified as a seller's market with a median sale price of $432,000. Prices have risen 1.3% compared to last year, with homes spending an average of 63 days on market, indicating 1.3 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 3.5x provides context for how home values compare to local earning capacity.

Homes for sale in Cologne

There are currently 4 homes listed for sale in Cologne, Minnesota. The median listing price is $385K.

Active listings

4

Homes on market

Median list price

$385K

Avg. days on market

63

Days until sale

New this week

4

Newly listed

Sale-to-list:100.0%

Who lives in Cologne?

Population

2,146

Median income

$117,344/yr

Median age

36.9 years

Owner-occupied

89.7%

College grads

43.0%

Avg commute

26.7 min

Source: U.S. Census Bureau ACS

What are homes worth in Cologne?

Zillow home value

$405,679

Price-to-income

3.5x

Source: Zillow Research

What is it like to live in Cologne?

Cologne is a community of approximately 2K residents with a median age of 36.9 years.The median household income is $117,344, which reflects a relatively affluent area with strong earning potential. 43.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 89.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Cologne offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Cologne?

2 schools tracked · 688 students

The largest public schools serving Cologne, 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.

COLOGNE ACADEMY

Grades K-8 · 665 students

Charter

Cologne Academy Online

Grades K-8 · 23 students

Charter

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 Cologne, MN?

Want a head-to-head view? Compare Cologne side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Cologne?

The median home sale price in Cologne is $432,000, up 1.3% from last year.

How long do homes stay on market in Cologne?

Homes typically spend 63 days on market before going under contract.

What is the median income in Cologne?

The median household income is $117,344 per year.

Is Cologne a buyer's or seller's market?

With 1.3 months of supply, Cologne is currently a seller's market.

What is the Zillow home value estimate for Cologne?

The Zillow Home Value Index (ZHVI) for Cologne is $405,679, representing the typical home value in the area.

How much does a single-family home cost in Cologne?

The median single-family home price in Cologne, MN is $432,000 (about $303 per square foot).

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