Start Free
All market snapshots / 55016

Cottage Grove, MN 55016 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Cottage Grove, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.15
ActiveActive listings: 5555PendingPending sales: 88
Cottage Grove, MN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $515k$515kSoldMedian sold price (last 6 months): $410k$410k
What homes actually sell for in Cottage Grove, MN
Distribution of 422 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $350k to $525k
$255k to $312k: 42 sales$255k$312k to $369k: 74 sales$369k to $426k: 92 sales92sales$369k$426k to $483k: 60 sales$483k to $540k: 33 sales$483k$540k to $597k: 37 sales$597k to $654k: 17 sales$597k$654k to $711k: 24 salesMedian $410k

What the numbers say

As of October 26, 2026, Resideline is tracking 55 active listings and 8 pending sales in ZIP code 55016. That pending-to-active ratio of 0.15 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $515,000, while the median of the 422 closed sales Resideline tracked over the last six months was $410,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 55016 for 72 days.

Frequently asked questions

What is the median home price in 55016?

The median closed sale price in Cottage Grove, MN 55016 was $410,000 over the last six months, based on 422 closed sales tracked by Resideline. The middle half of those sales ranged from $350,000 to $525,000.

Is 55016 a buyer's or seller's market?

Resideline is currently tracking 8 pending sales against 55 active listings in 55016, a pending-to-active ratio of 0.15. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 55016 is currently a faster-moving market.

Nearby ZIP code market data

Full Cottage Grove, MN housing market report →

Running a deal in 55016? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator · MAO calculator · home appreciation calculator. One address: real estate deal analyzer · rent estimate by address

Run any 55016 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.