Cottage Grove, MN 55016 Real Estate & Property Data

Cottage Grove, MN 55016 Real Estate Market Trends
Last Updated: April 28, 2024

A total of 586 residential properties have been sold over the past 12 months in 55016. With a median sales price of $340,000 in 55016 and a total of 6 foreclosures in Cottage Grove, MN 55016. Discover market trends and get the granular level real estate data for Cottage Grove, MN 55016 to keep your pulse on the housing market. Curate compelling home reports for Cottage Grove, MN 55016 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Cottage Grove, MN 55016 Real Estate Market Trends
Total Residential Properties 13,107
Total Commercial Properties 165
Avg. Home Age (Single Family Home) 38 Years
Avg. Square Feet (Single Family Home) 1,602
Total 2024 Residential Sales (year-to-date) 83
% of Homes Seriously Underwater (Q2 2024) 0.65%
Total 2023 Residential Sales 527
% of Equity Rich Homes (Q2 2024) 18.3%
Effective 2023 Property Tax 1.1%
Total Foreclosure Filings (year-to-date) 9
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Cottage Grove, MN 55016 Real Estate Overview

There were 586 residential properties sold in the past year in Cottage Grove, MN 55016. The median home value in Cottage Grove, MN 55016 is $365,236. There are a total of 13,107 residential properties in the 55016.

Median Sales Price i
$340,000
(Feb 2024)
+3%
year-over-year
y-o-y
  • February '24 Feb '24 $340,000
  • January '24 Jan '24 $371,721
  • December '23 Dec '23 $375,500
  • November '23 Nov '23 $367,000
  • October '23 Oct '23 $360,000
  • September '23 Sep '23 $379,000
  • August '23 Aug '23 $395,500
  • July '23 Jul '23 $375,000
  • June '23 Jun '23 $380,000
  • May '23 May '23 $393,515
  • April '23 Apr '23 $376,000
  • March '23 Mar '23 $353,500
Median Down Payment i
$52,000
(Feb 2024)
+197.1%
year-over-year
y-o-y
  • February '24 Feb '24 $52,000
  • January '24 Jan '24 $61,750
  • December '23 Dec '23 $20,750
  • November '23 Nov '23 $50,750
  • October '23 Oct '23 $53,776
  • September '23 Sep '23 $35,150
  • August '23 Aug '23 $48,900
  • July '23 Jul '23 $54,750
  • June '23 Jun '23 $27,375
  • May '23 May '23 $45,000
  • April '23 Apr '23 $54,250
  • March '23 Mar '23 $51,695
Number of Homes Sold i
28
(Feb 2024)
+12%
year-over-year
y-o-y
  • February '24 Feb '24 28
  • January '24 Jan '24 55
  • December '23 Dec '23 39
  • November '23 Nov '23 35
  • October '23 Oct '23 43
  • September '23 Sep '23 57
  • August '23 Aug '23 63
  • July '23 Jul '23 61
  • June '23 Jun '23 52
  • May '23 May '23 60
  • April '23 Apr '23 35
  • March '23 Mar '23 33
Number of Purchase Loans i
27
(Feb 2024)
+22.7%
year-over-year
y-o-y
  • February '24 Feb '24 27
  • January '24 Jan '24 49
  • December '23 Dec '23 47
  • November '23 Nov '23 32
  • October '23 Oct '23 48
  • September '23 Sep '23 70
  • August '23 Aug '23 76
  • July '23 Jul '23 65
  • June '23 Jun '23 59
  • May '23 May '23 66
  • April '23 Apr '23 45
  • March '23 Mar '23 30
Number of REFI Loans i
18
(Feb 2024)
+80%
year-over-year
y-o-y
  • February '24 Feb '24 18
  • January '24 Jan '24 19
  • December '23 Dec '23 25
  • November '23 Nov '23 23
  • October '23 Oct '23 36
  • September '23 Sep '23 28
  • August '23 Aug '23 42
  • July '23 Jul '23 23
  • June '23 Jun '23 29
  • May '23 May '23 20
  • April '23 Apr '23 19
  • March '23 Mar '23 20
Number of HELOC Loans i
15
(Feb 2024)
+25%
year-over-year
y-o-y
  • February '24 Feb '24 15
  • January '24 Jan '24 14
  • December '23 Dec '23 17
  • November '23 Nov '23 11
  • October '23 Oct '23 22
  • September '23 Sep '23 17
  • August '23 Aug '23 16
  • July '23 Jul '23 20
  • June '23 Jun '23 27
  • May '23 May '23 30
  • April '23 Apr '23 21
  • March '23 Mar '23 13

Cottage Grove, MN 55016 Foreclosure Activity

There were a total of 6 Cottage Grove, MN 55016 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 6 Cottage Grove, MN 55016 properties and repossessed 2 Cottage Grove, MN 55016 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
6
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 3
  • December '23 Dec '23 4
  • November '23 Nov '23 5
  • October '23 Oct '23 6
  • September '23 Sep '23 1
  • August '23 Aug '23 3
  • July '23 Jul '23 4
  • June '23 Jun '23 1
  • May '23 May '23 3
  • April '23 Apr '23 1
  • March '23 Mar '23 4
Foreclosure Starts i
6
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 3
  • December '23 Dec '23 4
  • November '23 Nov '23 5
  • October '23 Oct '23 6
  • September '23 Sep '23 1
  • August '23 Aug '23 3
  • July '23 Jul '23 4
  • June '23 Jun '23 1
  • May '23 May '23 3
  • April '23 Apr '23 1
  • March '23 Mar '23 4
Completed Foreclosures (REOs) i
2
(Feb 2024)
  • February '24 Feb '24 2
  • January '24 Jan '24 1
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 1
  • July '23 Jul '23 1
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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