Market Overview
Home Prices in Cohasset, MN
The median home value in Cohasset, MN is $347,548 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.4% compared to a year ago and up 3.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cohasset are priced15% below average. Cohasset is part of the Grand Rapids, MN metro area.
Over the past five years, Cohasset home values have risen by approximately29.8%, reflecting strong long-term appreciation in this market.
Price History
Cohasset Home Price Trend
City Comparison
Cohasset vs. National Median
At $347,548, homes in Cohasset cost 15% below the national median of $410,000. This makes Cohasset a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cohasset?
20% Down Payment
$69,510
on $347,548
Monthly P&I
$1,813/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,303/mo
incl. taxes & insurance
Income Needed
$92,120
gross annual (30% rule)
10% Down Option
$34,755
+ PMI applies
Loan Amount (20% dn)
$278,038
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Cohasset, MN?
The median home value in Cohasset is $347,548 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.4% year-over-year.
How much have home prices changed in Cohasset?
Over the past year, home values in Cohasset have increased by 1.4%. Over five years, prices have risen approximately 29.8%.
How much do I need to earn to buy a home in Cohasset?
To comfortably afford the median home price of $347,548 with a 20% down payment ($69,510) at today's rates (6.8%), you'd need a gross annual income of approximately $92,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Cohasset compare to the national average home price?
The national median home value is approximately $410,000. At $347,548, homes in Cohasset are 15% below the national average.
What metro area is Cohasset part of?
Cohasset is part of the Grand Rapids, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.