Cottage Grove, MN Home Values & Market Trends
Real estate market trends reflect that there have been 922 transactions over the past year in Cottage Grove. The median value for residential home transactions that occurred over the previous year is $400,846. The number of current listings in Cottage Grove is 1,040, and the percentage of properties for sale in the city is 1040.00%. Cottage Grove, MN currently has 13 properties in foreclosure, 3 bank owned properties, 10 properties headed for auction, and 1,040 properties for sale.
Cottage Grove, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 55016 | $ 400,846 $ 247/sqft |
Housing Market Summary for Cottage Grove, MN
| 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 Cottage Grove, MN
Browse Homes in Cottage Grove, MN
Cottage Grove home values range from $149,344 to $1,118,812. The median estimated value of a home in Cottage Grove is $400,846. The median list price of a home is 409,900, and the total count of properties in the city is 1,301.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Cottage Grove, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Cottage Grove, MN; of that zips, 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 Cottage Grove, MN ranges from the highest value of $348,951 in 55016 to the lowest value of $297,576 in 55016. Bank owned homes and properties account for 0.23% of properties in Cottage Grove, MN. There is 1 zips within Cottage Grove, MN; 55016 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions55016 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of Cottage Grove, MN. Auction homes and other auction properties account for 0.77% of all properties in Cottage Grove, MN. There is 1 zips within Cottage Grove, MN; of that zips, the median estimated home value for homes going to auction ranges from $497,685 in 55016 to the lowest value of $230,442 in 55016.
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Guide for Cottage Grove, MN
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.
