Cohasset, MN 55721 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Cohasset, MN—55721

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$334,000

1.3% YoY Growth

Household Income

$82,800

26.0% YoY Growth

Days on Market

35.0% Longer YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

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	$334,000	1.3%
Single Family	$334,000	0.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

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

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% of Rental Stock

Studio

33.8%

1 Bedroom

19.2%

2 Bedrooms

32.5%

3 Bedrooms

7.9%

4 Bedrooms

6.6%

Property Listings — Cohasset, MN

As of Nov '25, Realtor.com reports that the median days on market for a home in Cohasset, MN is 80. This is a increase of 35.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$375,000	33.0%
Listing Count	8	95.0%
Listings as % of Homes	0.2%	95.0%
Days on Market	80	35.0%

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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%

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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%

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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%

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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

Cohasset, MN—55721

Key Metrics at a Glance

Home Price Trends — Cohasset, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cohasset, MN

% of Rental Stock

Property Listings — Cohasset, MN

Demographics — Cohasset, MN

Race and Ethnicity

Mortgage and Risk — Cohasset, MN

Mortgages

Rentals and Section 8 — Cohasset, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Cohasset, MN

Home Price to Income Ratio

Cohasset, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Grand Rapids, MN

Deer River, MN

Coleraine

Shovel Lake, MN

Taconite

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.6
Median Home Price	$334,000
Median Household Income	$82,800

Cohasset, MN—55721

Key Metrics at a Glance

Home Price Trends — Cohasset, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cohasset, MN

% of Rental Stock

Property Listings — Cohasset, MN

Demographics — Cohasset, MN

Race and Ethnicity

Mortgage and Risk — Cohasset, MN

Mortgages

Rentals and Section 8 — Cohasset, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Cohasset, MN

Home Price to Income Ratio

Cohasset, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Grand Rapids, MN

Deer River, MN

Coleraine

Shovel Lake, MN

Taconite

Frequently Asked Questions

What is the average home price in Cohasset, MN 55721?

How have home prices in Cohasset, MN 55721 changed over the past year?

What is the home price projection for Cohasset, MN 55721?

What are the demographics of Cohasset, MN 55721?

How long does it take homes to sell in Cohasset, MN 55721?

What is the average rent price in Cohasset, MN 55721?