Bill Hill
Cold Spring Real Estate
Bill Hill of Pemberton Real Estate provides straightforward guidance for buyers and sellers in Cold Spring, Minnesota. This river city offers a distinct market for single-family homes and new construction.
Cold Spring features a mix of established properties and recent builds. The housing stock is defined by variety, with homes that are single-family detached making up 62% (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Bill Hill assists clients in navigating these options without sales pressure. Houses sell themselves, and Bill provides the direct, honest feedback needed to make a sound decision.
The local market has seen steady shifts in value. In Stearns County, the home price change over 5 years was +43.3% (Federal Housing Finance Agency House Price Index, 2020 to 2025). Bill Hill uses his experience in seller representation and new construction to ensure clients understand the current landscape. He focuses on clear communication and will be the first to say if a specific property is not the right fit.
Buyers often look to Cold Spring for its connection to the Sauk River and local industries. The median year homes were built is 1992 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates), reflecting a town that has grown consistently over the decades. Whether looking for a townhouse or a waterfront lot, Bill Hill offers a no-nonsense approach to the closing process.
By the numbers
Cold Spring, MN at a glance
| Population2020–2024 ACS 5-year estimates | 4,249 |
|---|---|
| Housing units2020–2024 ACS 5-year estimates | 1,878 |
| Median home value (owner-occupied)2020–2024 ACS 5-year estimates | $280,400 |
| Median monthly rent2020–2024 ACS 5-year estimates | $1,424 |
| Median annual property tax paid2020–2024 ACS 5-year estimates | $2,723 |
| Homes that are owner-occupied2020–2024 ACS 5-year estimates | 67% |
| Homes that are single-family detached2020–2024 ACS 5-year estimates | 62% |
| Median year homes were built2020–2024 ACS 5-year estimates | 1992 |
| Commutes under 30 minutes2020–2024 ACS 5-year estimates | 62% |
| Home price change, 1 year (Stearns County)2024 to 2025 | +2.2% |
| Home price change, 5 years (Stearns County)2020 to 2025 | +43.3% |
| Average 30-year fixed mortgage rate (U.S.)week of 2026-09-24 | 7.03% |
| Average 30-year fixed mortgage rate a year earlier (U.S.)week of 2025-09-18 | 6.26% |
Sources: U.S. Census Bureau, American Community Survey; Federal Housing Finance Agency House Price Index; Freddie Mac Primary Mortgage Market Survey. Published estimates for the area as a whole, not a valuation of any property.
FAQ
Frequently asked questions
What is the median home value in Cold Spring, Minnesota?↓
The median home value for owner-occupied units is $280,400 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). This figure reflects the diverse range of single-family homes and townhouses available in the area. Bill Hill provides clear market context to help buyers understand how this value compares to current listings.
What are the property taxes like in Cold Spring?↓
Homeowners in Cold Spring pay a median annual property tax of $2,723 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Tax amounts vary based on specific property characteristics and location within the city. Bill Hill helps sellers and buyers factor these carrying costs into their overall financial planning.
How long is the average commute for residents of Cold Spring?↓
Data shows that commutes under 30 minutes apply to 62% of the population (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Many residents travel to nearby employment hubs like St. Cloud. Bill Hill offers guidance on how local geography impacts daily travel times and property desirability.
What is the rental market like in Cold Spring compared to buying?↓
The median monthly rent in Cold Spring is $1,424 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Currently, 67% of homes are owner-occupied (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Bill Hill assists those transitioning from renting to their first home purchase with honest, pressure-free advice.
Are there many new construction homes in Cold Spring?↓
New construction is a significant part of the Cold Spring market, contributing to the median build year of 1992 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Bill Hill specializes in new construction and can guide buyers through the complexities of builder contracts. He ensures clients understand the pros and cons of building versus buying an existing home.
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