The story of this market
The typical home in Coon Rapids, Minnesota sells for about $350,000, or $185 per square foot.
Prices are up +2.9% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,494 a month.
Monthly price momentum
Home values since 2015
+1.5%
MN · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Coon Rapids, Minnesota
Coon Rapids is experiencing a stable housing market characterized by balanced competition and steady price appreciation. The city's affordability relative to the broader Twin Cities metro continues to drive demand from family buyers. Ongoing infrastructure and commercial redevelopment projects are expected to support long-term property value growth.
No ARED county foreclosure postings attributed to Coon Rapids yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 3.3% year over year.
Homes spend a median of 38 days on market with 2.8 months of supply — a fast-moving market.
16% of listings have cut prices · homes sell at 99.13% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 8.2% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A massive regional park offering camping, swimming, and extensive trail systems. It is a primary recreational anchor for the city and a major draw for families.
A championship-caliber public golf course located within the regional park. It is highly regarded in the region and supports local property values.
The river forms the western boundary of the city, providing scenic views and access to riverfront parks and fishing spots.
A major retail hub in the city featuring a wide variety of national retailers and dining options. It serves as the primary commercial center for the community.
Coon Rapids is an ideal fit for family buyers and commuters seeking a balance between suburban affordability and access to the Twin Cities. The city's diverse housing stock, ranging from mid-century homes to newer developments, appeals to both first-time buyers and those looking to move up. Its strong amenity base and proximity to major highways make it a practical choice for those working in the northern metro.
The city is primarily served by the Anoka-Hennepin School District, which is one of the largest in Minnesota. Schools in the area are generally characterized by diverse programming and consistent academic performance, though ratings vary by individual campus.
Coon Rapids is served by Highway 10 and Highway 610, providing direct access to Minneapolis and St. Paul. Public transit is available via Metro Transit bus routes, and the Northstar Commuter Rail line provides a direct link to downtown Minneapolis.
Coon Rapids offers an extensive park system, most notably the Bunker Hills Regional Park, which provides year-round outdoor activities. Residents have access to the Mississippi River for water-based recreation and a well-maintained network of trails and golf facilities.
The rental market in Coon Rapids is characterized by steady demand, supported by its proximity to major employment hubs in the northern Twin Cities. Vacancy rates remain low, and rent growth has tracked with broader regional inflation. There is a mix of multi-family apartment complexes and single-family rental homes, with limited short-term rental penetration.
The economy is anchored by a mix of healthcare, retail, and light industrial sectors. Major employers include local school districts, healthcare providers, and regional retail centers. The city maintains a stable economic base with strong ties to the broader Twin Cities labor market.
Coon Rapids benefits from its position along the Highway 10 corridor, which serves as a major economic artery for the northern metro. Development momentum is driven by ongoing commercial redevelopment and infrastructure upgrades aimed at improving traffic flow and business accessibility. Major employers include healthcare, retail, and light manufacturing sectors.
The city is actively pursuing redevelopment of aging commercial corridors to attract new businesses and housing. Current planning focuses on increasing density near transit hubs and improving infrastructure to support long-term growth.
Parcels in Coon Rapids are primarily served by the Anoka-Hennepin School District. There are no special MUD or PID districts, though properties may be subject to local improvement assessments for infrastructure projects.
Coon Rapids generally reports crime rates consistent with suburban communities of its size in the Twin Cities metro area. Local law enforcement maintains active community policing initiatives to address property and nuisance crimes. Regional comparisons indicate it remains a stable residential environment.
The city faces standard Midwestern climate risks, including severe thunderstorms and occasional winter weather impacts. Flood risk is primarily concentrated along the Mississippi River corridor, with most residential areas outside of high-risk zones. Insurance markets remain stable with standard coverage availability.
Property insurance markets in Coon Rapids are stable, with premiums reflecting standard regional risks. Hazard exposure is generally low, and the city's fire protection ratings help keep insurance costs competitive.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Minnesota) — Condominium Unit Taxation: Each unit constitutes a separate parcel for tax purposes. If a declaration is recorded at least 30 days before a tax installment is due, the taxing authority must split the taxes among the units. State (Minnesota) — Minnesota General Property Tax Classification System: Property tax is calculated by applying a class rate to the parcel's estimated market value to determine tax capacity, then multiplying by the local tax rate. For residential homesteads (Class 1a), the rate is 1.00% for the first $500,000 of market value and 1.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from U.S. Census Bureau QuickFacts and Census Reporter.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.