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Preforeclosure Homes in Cottage Grove, MN

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Cottage Grove, MN Foreclosures

How much do homes sell for in Cottage Grove, MN?
The average home price is currently $399,698.
In Cottage Grove, MN, how many homes are available?
There are currently 8 active home listings available in Cottage Grove.
What’s the average rental cost in Cottage Grove, MN?
The average rental price in Cottage Grove is $1,866.
What is the most expensive home in Cottage Grove?
The most expensive home sold in Cottage Grove had a price of $7,341,437.
What is currently the cheapest priced home in Cottage Grove, MN?
The cheapest home for sale in Cottage Grove is priced at $118,910.

Living in Cottage Grove, MN

Cottage Grove, MN, is a family-friendly city known for its beautiful parks, strong sense of community, and proximity to the Twin Cities. It offers a range of recreational activities and outdoor spaces, catering to residents of all ages. With excellent schooling options and a welcoming atmosphere, Cottage Grove is an appealing location for both families and professionals.

Current Market Conditions in Cottage Grove, MN

The real estate market in Cottage Grove is currently experiencing a steady growth phase, with a moderate appreciation in home values over the past year. Many families are drawn to the area due to its affordable housing options and proximity to urban amenities, leading to an increased demand for homes. As of this month, there is a notable trend of new constructions and developments aimed at accommodating the rising population in the city.

Homes in Cottage Grove are selling faster than in previous months, indicating a competitive market, particularly for starter homes and those in good school districts. The average home price has seen a modest increase, but the market remains accessible for first-time buyers.

Home Value Estimator For Cottage Grove, MN

There are currently 11,516 real estate properties in Cottage Grove, MN, with a median automated valuation model (AVM) price of $375,262.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cottage Grove, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Cottage Grove, MN, is $399,698.00, with the most expensive house in Cottage Grove, MN, topping out at $7,341,437.00 and the cheapest home in Cottage Grove, MN, clocking in at $118,910.00. In other words, there’s something for every potential homebuyer or savvy investor in Cottage Grove, MN!

Rent Prices In Cottage Grove, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cottage Grove, MN, is on a rollercoaster ride. The average rent price in Cottage Grove, MN, is $1,866.00. Indeed, when looking to rent in Cottage Grove, MN, you can expect to pay as little as $1,020.00 or as much as $5,100.00, with the average rent median estimated to be $1,790.00. The good news is that finding an affordable and desirable property to rent in Cottage Grove, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cottage Grove, MN Preforeclosure Homes


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