How much does it cost to buy a house in Cologne, MN?

In May 2026 Cologne homes were listed to buy for a median price of $448K, which is same as April 2025 last month, and same as May 2025 last year. The median value of a home listed to buy in Cologne in May 2026 was $223 per sqft, which is a 10% decrease to April 2025 last month, and a 10% decrease to May 2025 last year.

Is it affordable or expensive to live in Cologne, MN?

It is expensive to live in Cologne. Buying a home in Cologne is 1% more expensive compared with the national average.

Is it a good time to buy property in Cologne, MN?

Yes now is a good time to buy property in Cologne, in May 2026, homes in Cologne have decreased in value (price per sqft) by 10% in the last year compared with May 2025.

Is the Cologne, MN housing market slowing down?

The housing market in Cologne is slowing down. In May 2026, homes to buy in Cologne spent an median 114 days on the market, a 5% decrease from May 2025 last year.

How much money should I make to buy a house in Cologne, MN?

In May 2026, Cologne homes were listed to buy for a median price of $448K, with 25% down you would need $2.58K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $88.4K.

Is it a good time to sell my house in Cologne, MN?

Yes now is a good time to sell your house in Cologne, in May 2026, homes in Cologne have decreased in value (price per sqft) by 10% in the last year compared with May 2025.