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Foreclosure Homes in Cold Spring, MN

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3rd-st-s-Cold-spring-MN-56320
Bankruptcy
$156,001 EMV

3rd St S
Cold Spring, MN 56320

3 Bed | 1.5 Bath | 1,555 Sq. Ft.

3rd-ave-n-Cold-spring-MN-56320
Bankruptcy
$170,624 EMV

3rd Ave N
Cold Spring, MN 56320

4 Bed | 1.5 Bath | 1,524 Sq. Ft.

3 2nd-st-n-Cold-spring-MN-56320
Foreclosure
$151,804 EMV

2nd St N
Cold Spring, MN 56320

2 Bed | 1 Bath | 1,439 Sq. Ft.

Displaying 1 - 3 of 3
 

Home Value Estimator For Cold Spring, MN

There are currently 2,916 real estate properties in Cold Spring, MN, with a median automated valuation model (AVM) price of $280,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cold Spring, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Cold Spring, MN, is $315,439.00, with the most expensive house in Cold Spring, MN, topping out at $1,857,000.00 and the cheapest home in Cold Spring, MN, clocking in at $78,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Cold Spring, MN!


Rent Prices In Cold Spring, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cold Spring, MN, is on a rollercoaster ride. The average rent price in Cold Spring, MN, is $1,575.00. Indeed, when looking to rent in Cold Spring, MN, you can expect to pay as little as $780.00 or as much as $3,090.00, with the average rent median estimated to be $1,510.00. The good news is that finding an affordable and desirable property to rent in Cold Spring, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Foreclosure Homes in Cold Spring, MN

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Cold Spring, MN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Cold Spring, MN and much more. Save thousands at closing with home foreclosure listings in Cold Spring, MN — up to 75% off market value!


Top Reasons To Live In Cold Spring, MN In 2021

Cold Spring is located in Stearns, Minnesota, with an estimated municipal population of 4,284 residents. All of the best foreclosed homes for sale in Cold Spring are located in the following zip code areas on Foreclosure.com: 56320. The estimated population per square kilometer (.62 miles) in Cold Spring is 622.


Cost Of Living In Cold Spring, MN

So, about how much do homes cost in Cold Spring? The most recent median value of resident-owned homes in Cold Spring is 170,628. An estimated 77.3 percent of households in Cold Spring own their homes, with an average family size of 2.96. The median household income in Cold Spring is 61,548, with26.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cold Spring, the median commute time of resident workers (in minutes) is 20.8. And last, but certainly not least, are you looking for homes to rent in Cold Spring? If so, the average rent price paid by renters in Cold Spring is 942, according to recent statistics.


Diversity And Demographics In Cold Spring, Minnesota

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Cold Spring, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Cold Spring is 36.8, split between 46.8 percent male versus 53.2 female. The percentage of residents who report being married in Cold Spring is 52.9, with an average family size of 2.96.

The percentage of residents who report their race in Cold Spring is as follows:

White 96.6%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.4%
Other 2%

Looking for family-friendly neighborhoods in and/or near Cold Spring? Or maybe you are searching for 55+ active adult communities in and/or near Cold Spring?

The percentage of residents who report their age in Cold Spring is as follows:

Under 10 15.8%
Aged 10-19 11%
20s 12.8%
30s 12.1%
40s 8.8%
50s 15.6%
60s 6.3%
70s 7.4%
80+ 10.2%

Best Schools In Cold Spring, Minnesota

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Cold Spring with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cold Spring.


Pros And Cons Of Living In Cold Spring, Minnesota

How do you know that living in -- or moving to -- Cold Spring is right where you need to be? Perhaps you grew up in Cold Spring or already live nearby; therefore, the decision to buy a home in Cold Spring is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cold Spring for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Cold Spring:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Cold Spring.


Reasons To Move To Cold Spring, Minnesota, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Cold Spring can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cold Spring, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Cold Spring, MN

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