Coleraine, MN Real Estate

According to census data in the year 2000 there were 460 housing units in Coleraine. This represents a 7% growth from 430 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 460 were located in what is classified as a rural area.

Homeownership rate in Coleraine is about 80.9%. Coleraine's vacancy rate, including seasonal lodging, is about 3.5%. Average household size is 2.53 people.

The majority of houses, apartments or condos in Coleraine were built after 1943.


Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom7.60%
Two Bedrooms26.70%
Three Bedrooms41.50%
Four Bedrooms19.30%
Five Bedrooms or more4.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.7
Median year structure was built1942
Median Value of occupied units$66,500
Median Price asked for vacant units$27,500

Rented Homes, Apartments and Condos

Average Household Size1.79
Median year structure was built1948
Median Monthly Rent asked for vacant units$475

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.50%
Home Equity Loan5.30%
Simple Mortgage45.50%
Debt Free40.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs13.8%