Cottage Grove, MN Housing Market 2026: What Homes Actually Sell For

Cottage Grove closes a lot of homes into a narrow band, which makes its median unusually informative: sales over the last six months land close together, so the citywide number is a real anchor rather than an average of extremes.

The snapshot

• •Closings tracked, last 6 months: 434
• •Median sold price, last 6 months: $415,000
• •Median sold $/sqft, last 6 months: $193
• •Middle half of sales closed between: $354,900 and $522,000

What the numbers say

Resideline tracked 434 closed sales in Cottage Grove over the last six months, with a median closing price of $415,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $354,900 and $522,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. 85% of the Cottage Grove closings we track here are single-family houses, so these figures primarily reflect that segment, and the citywide $/sqft figure primarily reflects that segment as well. Across the 430 closings with usable living area, the middle half sold between $170 and $218 per square foot.

Figures last updated October 3, 2026 from closings Resideline tracked.

Median home price in Cottage Grove, MN (October 2026)

The median home price in Cottage Grove is $415,000, measured across the 434 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $354,900 and $522,000.

Where Cottage Grove sale prices land

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Cottage Grove over the last six months that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $354,900 and $522,000. Among the 55 Minnesota markets with a published band, Cottage Grove's middle-half spread ($354,900 to $522,000) ranks 13th from the narrowest. Where your target property sits inside that spread matters more than the citywide median. Measured as the ratio of the upper to the lower quartile, its middle-half spread ranks in the 19th percentile of the 2,230 US markets in Resideline's national Market Watch set, on data as of October 3, 2026.

How long a sale takes here

• •Listed to under contract: a median of 20 days, across 319 Cottage Grove closings Resideline tracked in the last six months
• •Contract to closing: a median of 29 days, across 326 Cottage Grove closings Resideline tracked in the last six months

The Cottage Grove angle

With 434 closings tracked over the last six months, Cottage Grove pairs a solid closed-sale record with a band tighter than most markets we track: the middle half of sales ran from $354,900 to $522,000 against a median of $415,000. The asymmetry is the interesting part. The upper stretch of the band runs considerably further from the median than the lower stretch does, so the midpoint sits nearer the bottom of the middle half than the top. A below-median estimate operates in a narrower run of ordinary prices, while an above-median estimate can travel further and still describe a common Cottage Grove closing. Match comps first; read the band second.

Cottage Grove market data by ZIP code

Citywide medians hide block-by-block variation. Resideline publishes free, regularly refreshed market snapshots for Cottage Grove ZIP codes: 55016.

From market read to offer price

A tight market makes the next step easier: the citywide anchor sits close to most homes, and a report only has to explain the gap. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator, rehab cost estimator, BRRRR calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Cottage Grove address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

Source: Resideline Market Watch
Market: Cottage Grove, MN
Geography: incorporated municipality, Census place 2713456
Data updated: October 2026
Analysis period: last six months
Tracked closings: 434
Median sold price: $415,000
Median sold $/sqft: $193 (430 qualifying)
Property mix: 85% houses
https://resideline.com/blog/cottage-grove-mn-housing-market

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<a href="https://resideline.com/blog/cottage-grove-mn-housing-market">
  <img src="https://resideline.com/images/embed/cottage-grove-mn.png" alt="Cottage Grove, MN home sale price distribution, last six months" width="1000" style="max-width:100%;height:auto">
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<p>Source: <a href="https://resideline.com/blog/cottage-grove-mn-housing-market">Resideline Market Watch</a></p>

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Cottage Grove over the last six months, and is refreshed when the data is. The closings we track within the Cottage Grove city limits are not limited to listing-service sales: they also include foreclosure deeds, estate and family transfers, and other off-market sales that portal medians exclude, which is why 11% of the 434 closings in this window never appeared on a listing service, and the median of MLS-listed sales alone was $425,500.