1. What is the current state of the Cologne housing market?
The Cologne housing market has experienced consistent growth in recent years, with 2024 showing a slight moderation in price appreciation compared to the previous year. While median sale prices remain healthy, the market has become somewhat less competitive, with inventory levels increasing slightly. This trend suggests a potentially more balanced market environment for both buyers and sellers.
2. What types of properties are available in Cologne?
Cologne offers a diverse range of housing options, catering to various lifestyles and needs. Single-family homes dominate the landscape, with a mix of architectural styles from traditional ramblers to contemporary designs. For those seeking a more low-maintenance lifestyle, a growing selection of townhomes and condos is becoming available. Additionally, properties with waterfront access are particularly sought-after, offering stunning lake views and a true connection to nature.
3. What are the advantages of living in Cologne?
Cologne provides a family-friendly environment with a strong sense of community. The top-rated school district is a major draw for families, while numerous parks, playgrounds, and recreational facilities offer ample opportunities for outdoor activities. The proximity to Carver Lake allows residents to enjoy water-based recreation and breathtaking natural beauty. Additionally, Cologne's location provides easy access to the vibrant downtowns of Excelsior and Wayzata, offering a variety of shops, restaurants, and entertainment options.
4. What are some things to consider before buying in Cologne?
Commute times to Minneapolis-Saint Paul can vary depending on location and traffic conditions. While Cologne offers a charming downtown area, those seeking a wider variety of shopping and dining options might need to venture to nearby towns. Additionally, with a growing population, Cologne is experiencing some development, which might impact the overall feel of the community for those seeking a completely rural environment.
5. Is Cologne a good place to retire?
Cologne offers a peaceful and scenic environment ideal for retirees seeking a relaxed lifestyle. The strong sense of community, abundance of outdoor activities, and easy access to amenities in surrounding towns make it an attractive option. However, retirees with limited mobility might want to consider the potential need for a car to navigate the area and access services.
2,161 people live in Cologne, where the median age is 37.3 and the average individual income is $46,340. Data provided by the U.S. Census Bureau.
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Median Age
Population Density Population Density This is the number of people per square mile in a neighborhood.
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Cologne has 781 households, with an average household size of 2.77. Data provided by the U.S. Census Bureau. Here’s what the people living in Cologne do for work — and how long it takes them to get there. Data provided by the U.S. Census Bureau. 2,161 people call Cologne home. The population density is 1,208.46 and the largest age group is Data provided by the U.S. Census Bureau.
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Population Density Population Density This is the number of people per square mile in a neighborhood.
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