The housing market in Coon Rapids, Minnesota, has been experiencing notable trends in recent times. As of April 2026, the median listing price for homes stands at $339,000, reflecting a 7.62% increase over the past year. The median sold price is slightly higher at $350,000, indicating a competitive market where homes often sell above the asking price. The median price per square foot is $190, providing a useful metric for comparing property values across different neighborhoods.
Inventory levels have seen a slight decrease, with 130 active listings, down 6.35% from the previous year. This reduction in available homes contributes to the market’s competitiveness. Homes are selling faster, with the median days on market at 24 days, a 7.69% decrease year-over-year, suggesting strong demand among buyers.
For renters, the market remains robust. The median rent in Coon Rapids is $2,125 per month, marking a 6.25% increase over the past year. This upward trend underscores the steady demand for rental properties in the area.
In terms of new developments, Knisley Homes has introduced the “Pheasant Hollow” project, an exclusive four-lot development offering acreage lots with city water and sewer services. Located on Osage Street NW, these one-level homes are designed to blend spacious living with natural surroundings, providing residents with both comfort and scenic views.
Overall, the Coon Rapids housing market demonstrates a dynamic environment with rising home values, competitive sales, and ongoing development projects, making it an area of interest for both buyers and renters.