Cotton, MN is known for its high housing median values. The median value of homes in Cotton, MN is currently $199,400, which is significantly lower than the US house median value of $338,100. Despite this difference in value between the two areas, Cotton has seen a much higher 1 year appreciation rate at 13.08%, compared to the national average of 8.27%. This shows that home values in Cotton have grown rapidly over the past year and may continue to do so in the future.
The median home cost in Cotton is $199,400. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Cotton is up 13.2%.
Average Age of Homes
- The median age of Cotton real estate is 40 years old
The Rental Market in Cotton
- Renters make up 3.4% of the Cotton population
- 0.0% of houses and apartments in Cotton, 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.