Situated in Anoka County just outside the Twin Cities metropolitan area, Coon Rapids combines the best of urban living with suburban charm in an ideal location along the shores of the mighty Mississippi River. In its early days, the 23-square mile Anoka Township epitomized rural living. The area primarily consisted of farmland and dirt roads. A brickyard, dam and riverside power plant were organized in the early 20th century, introducing industry to the agricultural community. The township was renamed Coon Creek Rapids, which was later shortened to Coon Rapids. Since the city’s incorporation in 1959, its population has exploded. The serene suburb is now home to more than 60,000 residents and is among the 10 largest cities in the state.
Fostering the municipality’s growth is its business-minded atmosphere. Many employment opportunities – especially in the medical and educational sectors – await newcomers. Restaurants and retail centers also boost prosperity, as well as providing diverse dining and shopping opportunities to residents and visitors.
Located about a 15 minute drive from Coon Rapids is the City of Ham Lake. A relatively small city, Ham Lake encompasses 36 square miles, is less than half an hour's drive to Minneapolis, and is home to over 15,000 happy residents. Ham Lake was first settled in 1855 and was originally named Glen Carey, Scottish for "beautiful valley." In about 1866, Norwegian and Scandinavian settlers named the area Ham Lake on account of the lake being shaped like a ham. As the population of the area grew and industry began taking effect in Ham Lake, it wasn't long before this small, fledgling community became an official city in January of 1974, with Eldon Hentes serving as the city's first Mayor.
Coon Rapids and Ham Lake both exhibit a truly cozy, hometown atmosphere. Encouraging this community spirit are the schools of the Anoka-Hennepin School District. With preschool programs, elementary and secondary schools and the Anoka-Ramsey Community College available, students are given the tools they need for individual and community success alike. Supplementing studies is the diverse and thorough collection of the Crooked Lake Library.
Price Range of Coon Rapids Houses, Homes and Real Estate in Minnesota
The real estate market in Coon Rapids and Ham Lake are quite diverse, with average listing prices for homes in Coon Rapids running at just under $200,000 and $165,000 in Ham Lake. Most houses offer basements and large lawns and many residences are newer due to the surge of development throughout the region in the 1980s and 1990s. Smaller, older homes are priced at the lower end of the range and many include large treed lots, decks and fireplaces.
Interested buyers will find that home prices in Coon Rapids typically run anywhere from $100,000 for a starter home to upwards of $860,000 for a 4-bedroom home along the Mississippi River. Coon Rapids also has a nice selection of townhomes and condos that are priced from $80,000 to $195,000. Land parcels are also available for purchase starting from $225,000 for land facing the river to upwards of $1 million.
Like Coon Rapids, Ham Lake's housing inventory is diverse and affordable with single-family homes starting from $100,000 for starter homes and investment purchases to upwards of $630,000 for gorgeous rambler-style homes situated amongst treed lots and offering the utmost of privacy. Ham Lake also offers a few listings for condos as well with prices starting as low as $275,000. Land prices in the Ham Lake region begin as low as $70,000.
Coon Rapids Real Estate Stats and Trends for the week of August 15th, 2016: homes priced around $206,013 compared to $206,834 the previous week, for a slight decrease of less than -1%. For Wednesday, September 28th, the current national mortgage rate for a 30 year fixed mortgage is 3.37%; the 15 year fixed rate is at 2.61%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.36%, while the 15 year jumbo rate currently is at 3.85%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Coon Rapids MN. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Coon Rapids to help you find the best home!