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Foreclosure Homes in Coleraine, MN

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Home Value Estimator For Coleraine, MN

There are currently 82 real estate properties in Coleraine, MN, with a median automated valuation model (AVM) price of $202,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Coleraine, 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 Coleraine, MN, is $226,366.00, with the most expensive house in Coleraine, MN, topping out at $510,000.00 and the cheapest home in Coleraine, MN, clocking in at $96,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Coleraine, MN!


Rent Prices In Coleraine, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Coleraine, MN, is on a rollercoaster ride. The average rent price in Coleraine, MN, is $1,379.00. Indeed, when looking to rent in Coleraine, MN, you can expect to pay as little as $830.00 or as much as $2,180.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Coleraine, 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 Coleraine, MN

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


Top Reasons To Live In Coleraine, MN In 2022

Coleraine is located in Itasca, Minnesota, with an estimated municipal population of 1,972 residents. All of the best foreclosed homes for sale in Coleraine are located in the following zip code areas on Foreclosure.com: 55786 55709 55744 55722. The estimated population per square kilometer (.62 miles) in Coleraine is 49.


Cost Of Living In Coleraine, MN

So, about how much do homes cost in Coleraine? The most recent median value of resident-owned homes in Coleraine is 140,893. An estimated 76.1 percent of households in Coleraine own their homes, with an average family size of 2.71. The median household income in Coleraine is 45,885, with24.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Coleraine, the median commute time of resident workers (in minutes) is 18.7. And last, but certainly not least, are you looking for homes to rent in Coleraine? If so, the average rent price paid by renters in Coleraine is 715, according to recent statistics.


Diversity And Demographics In Coleraine, 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 Coleraine, 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 Coleraine is 39, split between 48.2 percent male versus 51.8 female. The percentage of residents who report being married in Coleraine is 54.1, with an average family size of 2.71.

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

White 92.6%
Black / African American 0.2%
Asian 0.4%
American Indian / Alaskan Native 4.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.6%
Other 0%

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

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

Under 10 10.9%
Aged 10-19 16.4%
20s 6.7%
30s 16.8%
40s 13.8%
50s 10.3%
60s 14%
70s 7.8%
80+ 3.2%

Best Schools In Coleraine, 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 Coleraine with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Coleraine.


Pros And Cons Of Living In Coleraine, Minnesota

How do you know that living in -- or moving to -- Coleraine is right where you need to be? Perhaps you grew up in Coleraine or already live nearby; therefore, the decision to buy a home in Coleraine is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Coleraine 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 Coleraine:

  • 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 Coleraine.


Reasons To Move To Coleraine, Minnesota, In 2022

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

Coleraine, MN Foreclosures


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