Cold Spring, MN housing market
The typical Cold Spring home is worth about $364,000, up 2.3% in a year, close to the Minnesota typical home.
Home values, sales, trends and how Cold Spring compares with the towns next door — updated as new data is published.
Cold Spring at a glance
Only 4 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Cold Spring | Minnesota |
|---|---|---|
| 2017 | $208,000 | $217,000 |
| 2018 | $219,000 | $232,000 |
| 2019 | $233,000 | $246,000 |
| 2020 | $246,000 | $259,000 |
| 2021 | $265,000 | $282,000 |
| 2022 | $305,000 | $313,000 |
| 2023 | $324,000 | $325,000 |
| 2024 | $335,000 | $331,000 |
| 2025 | $349,000 | $341,000 |
| 2026 | $361,000 | $349,000 |
| August 2026 | $364,000 | $351,000 |
8 new homes permitted in 2025
Builders were permitted 8 new homes in Cold Spring in 2025, all single-family houses, worth about $2.7 million to build. That's 1.9 per 1,000 residents, slower than across Minnesota (3.8). Over the past 10 years, Cold Spring has permitted 157 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Cold Spring gained 139 residents while 120 new homes were permitted: about 1.2 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Minnesota: 2.2 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 4 | 4 | 0 | $1.9 million |
| 2025 | 8 | 8 | 0 | $2.7 million |
| 2024 | 14 | 14 | 0 | $5.2 million |
| 2023 | 10 | 10 | 0 | $3.7 million |
| 2022 | 11 | 11 | 0 | $4.1 million |
| 2021 | 16 | 16 | 0 | $4.8 million |
| 2020 | 17 | 17 | 0 | $5 million |
| 2019 | 23 | 23 | 0 | $5.5 million |
| 2018 | 24 | 24 | 0 | $5.7 million |
| 2017 | 24 | 24 | 0 | $5.7 million |
| 2016 | 10 | 10 | 0 | $2.4 million |
| 2015 | 10 | 10 | 0 | $2.4 million |
| 2014 | 11 | 11 | 0 | $2.4 million |
| 2013 | 6 | 6 | 0 | $1.1 million |
| 2012 | 6 | 6 | 0 | $1.1 million |
| 2011 | 3 | 3 | 0 | $757,000 |
| 2010 | 3 | 3 | 0 | $607,000 |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 6 | 6 | 0 | $939,000 |
| 2007 | 16 | 14 | 2 | $2.8 million |
| 2006 | 24 | 18 | 6 | $3.8 million |
| 2005 | 35 | 33 | 2 | $6 million |
| 2004 | 36 | 34 | 2 | $5.9 million |
| 2003 | 66 | 56 | 10 | $9 million |
| 2002 | 92 | 52 | 40 | $10 million |
| 2001 | 40 | 40 | 0 | $5.6 million |
| 2000 | 40 | 24 | 16 | $4.2 million |
How Cold Spring ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
5 years of income
The typical Cold Spring home costs about 5 years of the town's median household income, more than across Minnesota (3.9 years).
How Cold Spring ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,360
HUD's Fair Market Rent for a two-bedroom in Cold Spring is $1,360 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Cold Spring pay a median of $1,424. A two-bedroom takes about 23% of the town's median household income.
Studio $990 · 4 bedrooms $2,110
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56320; St. Cloud, MN MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Cold Spring
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.