Cottage Grove is a mid-sized community of roughly 38,000 residents in Minnesota, with a price point above the national middle.
| State | Minnesota |
|---|---|
| Population | 38,000 |
| Median home value | $370,000 |
| Active listings | 189 |
| Median across Minnesota communities we track | $390,000 |
The Cottage Grove housing market
At $370,000, the median home value tracks closely with the median across the 20 Minnesota communities we cover — this is a mid-market address for the state.
Roughly 189 active listings at last count, which gives buyers genuine room to compare and to negotiate on properties that have been sitting.
Search homes in Cottage Grove
Current listings for Cottage Grove are maintained on the following site:
- Homes for sale in Cottage Grove — cottagegrovehomesforsale.com
These are external sites operated independently of 1PropertyHub. We do not control their listings, pricing, or availability, and we are not a party to any transaction arising from them.
Buying in Cottage Grove
At this level, the appraisal is worth watching. Contract prices in appreciating submarkets regularly run ahead of the closed sales an appraiser has to work from.
Before you make an offer, work out what the monthly payment actually looks like at this price level. Our mortgage calculator includes property tax, insurance, and mortgage insurance rather than just principal and interest, and the affordability calculator solves backwards from your income to a purchase price a lender would support. If you are weighing a purchase against continuing to rent, the rent vs buy calculator accounts for transaction costs on both ends.
Investing in Cottage Grove
For rental investors, the questions here are rent-to-price ratio, the property tax burden, insurance cost, and the depth of the tenant pool at this population size. Underwrite with honest vacancy, management, maintenance, and capital reserves rather than rent minus mortgage — see our cash flow calculator and the rental underwriting guide. Verify short-term rental rules with the municipality before assuming any STR strategy will be permitted.
Nearby communities in Minnesota
- Brooklyn Center, MN
- Fridley, MN
- St Louis Park, MN
- Edina, MN
- Minnetonka, MN
- Northfield, MN
- Rogers, MN
- Eden Prairie, MN
Frequently asked questions
What is the median home value in Cottage Grove, MN?
The median home value in Cottage Grove is approximately $370,000. At $370,000, the median home value tracks closely with the median across the 20 Minnesota communities we cover — this is a mid-market address for the state. Values move with the market and vary widely by neighborhood, condition, and lot — treat this as a starting point and verify against recent closed sales before pricing an offer.
How many homes are for sale in Cottage Grove?
There were roughly 189 active listings at last count. Roughly 189 active listings at last count, which gives buyers genuine room to compare and to negotiate on properties that have been sitting. For current inventory, see Homes for sale in Cottage Grove.
What should I know before buying in Cottage Grove?
At this level, the appraisal is worth watching. Contract prices in appreciating submarkets regularly run ahead of the closed sales an appraiser has to work from. Beyond the property itself, confirm the property tax rate and any exemptions with the county assessor, and get an insurance quote before you are under contract — both vary far more by location than buyers expect. Our Minnesota state guide covers closing practice and property law.