Cohasset, MN—55721
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cohasset, MN
Cohasset, MN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $340,000 | 1.8% |
| Single Family | $340,000 | 1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $297,000 | 1.7% |
3 Bed | $365,000 | 1.7% |
4 Bed | $483,000 | 1.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cohasset, MN
Cohasset, MN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Cohasset, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Cohasset, MN is 71. This is a increase of 44.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 50.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $415,000 | 31.0% |
Listing Count | 12 | 117.0% |
| Listings as % of Homes | 0.2% | 117.0% |
Days on Market | 71 | 44.0% |
Demographics — Cohasset, MN
As of the latest ACS Survey released in 2023, Cohasset, MN has a population of 3,840, which has increased by 9.1% over the past 5 years. Cohasset, MN is a popular place for families, as children make up 25.1% of the population. The area has a moderately educated workforce, with 30.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,840 | 9.1% |
% Under 18 | 25.1% | 15.7% |
% Seniors | 20.3% | -2.4% |
% WFH | 9.1% | 264.0% |
% w/ College Degree | 30.8% | -1.0% |
As of the latest ACS Survey released in 2023, Cohasset, MN is a predominantly white area, with 87.3% of the population identifying as white. The white population has shrunk by 6.6% in the last 5 years. The second most common race or ethnicity in Cohasset, MN is hispanic, making up 3.2% of the population. Foreign-born residents account for 0.5% of the population in Cohasset, MN, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.3% | -6.6% |
% Black | 0.3% | -62.5% |
% Hispanic | 3.2% | ∞% |
% Asian | 0.1% | -50.0% |
% Foreign Born | 0.5% | 0.0% |
Mortgage and Risk — Cohasset, MN
According to HUD data as of 2023, there were 102 mortgage originations in Cohasset, MN, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Cohasset, MN. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 102 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Cohasset, MN
Cohasset, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $740 |
| 2 Bedroom | N/A | N/A | $960 |
| 3 Bedroom | N/A | N/A | $1,170 |
| 4 Bedroom | N/A | N/A | $1,290 |
Affordability — Cohasset, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $340,000 |
| Median Household Income | $82,800 |