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COLERAINE, MN 55722

Real Estate Market Report  ·  Itasca County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The COLERAINE, MN real estate market (55722) currently shows 1 active listings, with 1 pending sales. Homes are averaging 136 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 136 days on market compared to 68 days last year.

The median listing price has risen 172.4% year-over-year, from $165,200 to $449,999.

Whether you are buying or selling in COLERAINE, 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: 947  ·  Density: 299.2/mi²  ·  Median household income: $54,327

Typical home value: $136,006  ·  Homeownership: 78.4%

Market Overview

Active Listings
1
⇩ 75% vs 4 last year
Pending
1
100% pending ratio
Median Price
$449,999
⇧ 172.4% vs $165,200 last year
Average Price
$449,999
⇧ 172.4% vs $165,200 last year
Days on Market
136
⇧ 100% vs 68 days last year

Price Per Square Foot

Median $/sqft
$300
⇧ 156.4% vs $117/sqft last year
Median Home Size
1,500 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 4 last year
  • Days on market: 136 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $449,999 (+172.4% YoY)
  • Average: $449,999 (+172.4% 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 35.1 miles — 60 listings ($23,315,949 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55722Coleraine, MN 557220.0 mi2$319,800$159,900$159,900
55716Calumet, MN 557168.4 mi3$438,600$146,200$146,200
55775Pengilly, MN 5577512.7 mi5$2,875,000$549,999$575,000
55793Warba, MN 5579313.5 mi1$324,900$324,900$324,900
55769Nashwauk, MN 5576917.9 mi8$2,596,024$287,500$324,503
55748Hill City, MN 5574821.4 mi5$5,064,440$512,200$1,012,888
56636Deer River, MN 5663621.8 mi19$5,269,802$217,500$277,358
55752Jacobson, MN 5575224.2 mi2$899,902$449,951$449,951
55785Swatara, MN 5578528.9 mi1$729,000$729,000$729,000
56672Remer, MN 5667231.3 mi7$2,910,649$462,500$415,807
55736Floodwood, MN 5573632.2 mi2$682,500$341,250$341,250
55713Buhl, MN 5571334.3 mi4$911,332$220,000$227,833
56680Spring Lake, MN 5668035.1 mi1$294,000$294,000$294,000

Frequently Asked Questions

How many homes are for sale in COLERAINE, MN 55722?

As of March 2026, there are 1 active listings in COLERAINE, MN (zip code 55722), compared to 4 the prior year.

What is the median home price in COLERAINE, MN 55722?

The median listing price in COLERAINE, MN 55722 is $449,999 as of March 2026, a 172.4% increase from $165,200 the prior year.

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

Homes in COLERAINE, MN 55722 spend an average of 136 days on the market before going under contract, compared to 68 days the prior year.

Is it a seller's or buyer's market in COLERAINE, MN 55722?

Based on current inventory and days-on-market data as of March 2026, COLERAINE, MN 55722 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 136 days on market compared to 68 days last year.

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

With SELL123.com's maximum 3% commission, sellers in COLERAINE, MN 55722 save an estimated $9,000 compared to a typical 5% commission on the median listing price of $449,999. 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.