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COLOGNE, MN 55322

Real Estate Market Report  ·  Carver County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The COLOGNE, MN real estate market (55322) currently shows 22 active listings, with 7 pending sales. Homes are averaging 106 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 106 days on market compared to 98 days last year.

The median listing price has fallen 0.3% year-over-year, from $447,900 to $446,675.

Whether you are buying or selling in COLOGNE, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 3,596  ·  Density: 24.3/mi²  ·  Median household income: $107,179

Typical home value: $383,152  ·  Homeownership: 91.5%

Market Overview

Active Listings
22
⇩ 33.3% vs 33 last year
Pending
7
32% pending ratio
Median Price
$446,675
⇩ 0.3% vs $447,900 last year
Average Price
$526,389
⇧ 6.9% vs $492,197 last year
Days on Market
106
⇧ 8.2% vs 98 days last year

Price Per Square Foot

Median $/sqft
$259
⇩ 0.4% vs $260/sqft last year
Median Home Size
2,130 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 22 this year vs 33 last year
  • Days on market: 106 now vs 98 last year

Median & Average Pricing

Year over Year
  • Median: $446,675 (-0.3% YoY)
  • Average: $526,389 (+6.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 16.7 miles — 494 listings ($533,022,393 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55322Cologne, MN 553220.0 mi17$8,231,723$440,900$484,219
55387Waconia, MN 553876.0 mi55$29,400,525$533,700$534,555
55318Chaska, MN 553187.9 mi121$90,899,072$667,505$751,232
55386Victoria, MN 553868.5 mi31$21,498,097$654,400$693,487
55375Saint Bonifacius, MN 553759.0 mi1$399,900$399,900$399,900
55360Mayer, MN 5536011.9 mi15$6,697,230$433,400$446,482
55338Green Isle, MN 5533812.5 mi8$2,621,432$339,900$327,679
55331Excelsior, MN 5533112.6 mi124$286,156,412$1,740,239$2,307,713
55388Watertown, MN 5538812.8 mi30$13,791,030$421,900$459,701
55317Chanhassen, MN 5531713.0 mi56$48,269,760$459,500$861,960
55384Spring Park, MN 5538413.7 mi13$10,432,734$550,000$802,518
56044Henderson, MN 5604416.2 mi2$888,000$444,000$444,000
55346Eden Prairie, MN 5534616.7 mi21$13,736,478$525,000$654,118

Frequently Asked Questions

How many homes are for sale in COLOGNE, MN 55322?

As of April 2026, there are 22 active listings in COLOGNE, MN (zip code 55322), compared to 33 the prior year.

What is the median home price in COLOGNE, MN 55322?

The median listing price in COLOGNE, MN 55322 is $446,675 as of April 2026, a 0.3% decrease from $447,900 the prior year.

How long do homes stay on the market in COLOGNE, MN?

Homes in COLOGNE, MN 55322 spend an average of 106 days on the market before going under contract, compared to 98 days the prior year.

Is it a seller's or buyer's market in COLOGNE, MN 55322?

Based on current inventory and days-on-market data as of April 2026, COLOGNE, MN 55322 is currently a Balanced Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 106 days on market compared to 98 days last year.

How much can I save on real estate commission in COLOGNE, MN?

With SELL123.com's maximum 3% commission, sellers in COLOGNE, MN 55322 save an estimated $8,934 compared to a typical 5% commission on the median listing price of $446,675. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.