55016 Home Values & Market Trends
There are 1,033 homes currently listed for 55016. 55016 real estate market trends show that home prices range from $139,900 to $1,250,000, and the median sales price in the 55016 zip code is $400,774. The total number of properties sold within the past twelve months is 892. In 55016, 17 properties are in foreclosure, 3 are bank owned properties,and 14 are headed for auction.
Housing Market Summary for 55016
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $418.5K | $409.9K | -2.07% |
| Median Sold Price | $402.2K | $378.5K | -5.89% |
| Homes For Sale | 614 | 1,021 | 66.29% |
| Homes Sold | 311 | 232 | -25.40% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 55016
Browse Homes in 55016
The median list price of a home in Cottage Grove, is $400,774. A total of 1,033 properties are for sale, and the percentage of properties for sale in the zip code is 1033.00%. The total count of 55016 properties is 1,306.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 55016 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 55016; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 55016 ranges from the highest value of $348,951 in cottage grove to the lowest value of $280,653 in cottage grove. Bank owned homes and properties account for 0.23% of properties in 55016. There is 1 cities within 55016; cottage grove containing 3 REO properties, has the highest number of bank owned properties in a single city.
- Auctionscottage grove has 14 auction properties, the highest number of properties going to auction in a single city in the state of 55016. Auction homes and other auction properties account for 1.07% of all properties in 55016. There is 1 cities within 55016; of that cities, the median estimated home value for homes going to auction ranges from $713,761 in cottage grove to the lowest value of $230,442 in cottage grove.
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More Real Estate Resources for 55016
Guide for 55016
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
