The housing market in Cottonwood, MN County is quite thriving. The median value of homes in the area is $140,800, which is significantly lower than the national average of $338,100. However, this lower price point does not mean that house appreciation has been any less robust; over the past year, the house appreciation in Cottonwood County was 12.38%, a full four points higher than the national average of 8.27%. As such, it is clear that Cottonwood County's housing market is strong and continuing to grow as more people move into the area and take advantage of the relatively low prices for high quality homes.
The median home cost in Cottonwood County is $140,800. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Cottonwood County is up 14.7%.
Average Age of Homes
- The median age of Cottonwood County real estate is 59 years old
The Rental Market in Cottonwood County
- Renters make up 19.9% of the Cottonwood County population
- 1.5% of houses and apartments in Cottonwood County, 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.