Cottage Grove home prices rise in March 2017

Cottage Grove home prices rise in March 2017
0Comments

The median sale price of a home sold in March 2017 in Cottage Grove rose by $9,250 while total sales increased by 6.1%, according to BlockShopper.com.

In March 2017, there were 52 homes sold, with a median sale price of $227,250 – a 4.2% increase over the $218,000 median sale price for the same period of the previous year. There were 49 homes sold in Cottage Grove in March 2016.

The median sales tax in Cottage Grove for the most recent year with available data, 2015, was $2,634, approximately 1.2% of the median home sale price for March 2017.

The following table compares Cottage Grove to other Washington County cities with similar median sales prices in March 2017:

City Mar. 2017 Home Sales Mar. 2016 Home Sales % change (Total Home Sales) Mar. 2017 Median Sales Price Mar. 2016 Median Sales Price % change (Median Sales Price)
Mahtomedi 12 4 200% $267,500 $267,000 0.2%
Woodbury 95 97 -2.1% $266,500 $225,000 18.4%
Forest Lake 20 23 -13% $239,000 $146,000 63.7%
Willernie 1 0 – $235,000 $0 –
Lakeland 1 3 -66.7% $235,000 $315,000 -25.4%
Cottage Grove 52 49 6.1% $227,250 $218,000 4.2%
Scandia 3 2 50% $225,000 $249,250 -9.7%
Bayport 1 0 – $203,000 $0 –
St. Paul Park 5 12 -58.3% $191,000 $132,061.50 44.6%
Hugo 22 28 -21.4% $190,000 $178,000 6.7%
Oakdale 32 46 -30.4% $184,515.15 $206,000 -10.4%


Related

Home vacancies in Minnesota up 0.2 percent in Q1

Home vacancies in Minnesota up 0.2 percent in Q1

Minnesota’s home vacancy rate was 1.1 percent in the first quarter of 2022, an increase of 0.2 percent over the previous quarter, according to a U.S. Census Bureau report.

Minnesota ranked 20th in nation with rental vacancy rate of 6.6% in 2021

Minnesota ranked 20th in nation with rental vacancy rate of 6.6% in 2021

Minnesota ranked 20th in the nation throughout 2021 with a rental vacancy rate of 6.6 percent, according to the U.S. Census Bureau.

Minnesota ranked 20th in nation with rental vacancy rate of 6.6% in 2021

Minnesota ranked fifth in nation with rental vacancy rate of 9% in Q3 2022

Minnesota ranked fifth in the nation in the third quarter with a rental vacancy rate of 9 percent, according to the U.S. Census Bureau.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Minnesota State Wire.