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Minnesota State Wire

Tuesday, November 5, 2024

Cottage Grove home prices rise in August 2019

Re 11

The median sale price of a home sold in August 2019 in Cottage Grove rose by $18,950 while total sales increased by 14.9%, according to BlockShopper.com.

In August 2019, there were 100 homes sold, with a median sale price of $270,950 - a 7.5% increase over the $252,000 median sale price for the same period of the previous year. There were 87 homes sold in Cottage Grove in August 2018.

The median sales tax in Cottage Grove for the most recent year with available data, 2015, was $2,634, approximately 1% of the median home sale price for August 2019.

The following table compares Cottage Grove to other Washington County cities with similar median sales prices in August 2019:

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Hastings20-$328,750$0-
Stillwater70682.9%$325,000$303,7507%
Woodbury160161-0.6%$315,950$296,0006.7%
Forest Lake50468.7%$294,250$255,20015.3%
Lakeland41300%$280,000$250,00012%
Cottage Grove1008714.9%$270,950$252,0007.5%
Oak Park Heights8714.3%$256,250$196,00030.7%
Scandia36-50%$250,000$243,9002.5%
Willernie12-50%$246,400$256,000-3.8%
Oakdale725824.1%$244,562.50$218,70011.8%
Newport105100%$239,000$160,00049.4%

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