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Foreclosure Homes in Cottonwood, MN

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Cottonwood, MN Foreclosures

How much do homes sell for in Cottonwood, MN?
The average home price is currently $245,821.
In Cottonwood, MN, how many homes are available?
There are currently 26 active home listings available in Cottonwood.
What’s the average rental cost in Cottonwood, MN?
The average rental price in Cottonwood is $1,326.
What is the most expensive home in Cottonwood?
The most expensive home sold in Cottonwood had a price of $865,239.
What is currently the cheapest priced home in Cottonwood, MN?
The cheapest home for sale in Cottonwood is priced at $16,176.

Living in Cottonwood, MN

Cottonwood, Minnesota, is a charming small town that boasts a friendly community atmosphere and an abundance of outdoor recreational opportunities. It is renowned for its picturesque scenery and small-town charm, making it an attractive destination for families and retirees alike. The city's proximity to the river enhances its appeal for those seeking a tranquil lifestyle.

Current Market Conditions in Cottonwood, MN

The real estate market in Cottonwood is currently stable with a slight increase in home prices over the past year. The community's affordable home options attract buyers looking for a serene country lifestyle. While inventory levels fluctuate, homes for sale see consistent interest due to the area's reputation for friendly neighborhoods and access to outdoor activities.

Home Value Estimator For Cottonwood, MN

There are currently 557 real estate properties in Cottonwood, MN, with a median automated valuation model (AVM) price of $226,226.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cottonwood, 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 Cottonwood, MN, is $245,821.00, with the most expensive house in Cottonwood, MN, topping out at $865,239.00 and the cheapest home in Cottonwood, MN, clocking in at $16,176.00. In other words, there’s something for every potential homebuyer or savvy investor in Cottonwood, MN!

Rent Prices In Cottonwood, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cottonwood, MN, is on a rollercoaster ride. The average rent price in Cottonwood, MN, is $1,326.00. Indeed, when looking to rent in Cottonwood, MN, you can expect to pay as little as $580.00 or as much as $2,200.00, with the average rent median estimated to be $1,290.00. The good news is that finding an affordable and desirable property to rent in Cottonwood, 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.

Cottonwood, MN Foreclosures

Market Trend for Cottonwood, MN

Total Listings Available: 26

Market Values:

Home Prices from $16,176 to $865,239

Average Sales Price: $245,821

Rental Values:

Rental from $580 to $2,200

Average Rent Value: $1,326 / month

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