The housing market in Cottage Grove, MN is slightly below the US median house value of $338,100. Average home values in the area currently stand at $360,300 and have appreciated by 6.66% over the past year. This is slightly lower than the national average of 8.27%. The market has been relatively stable in Cottage Grove over the last several years, making it a great area to invest in property.
The median home cost in Cottage Grove is $360,300. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Cottage Grove is up 12.2%.
Average Age of Homes
- The median age of Cottage Grove real estate is 32 years old
The Rental Market in Cottage Grove
- Renters make up 10.9% of the Cottage Grove population
- 0.3% of houses and apartments in Cottage Grove, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.