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Minnesota State Wire

Thursday, November 7, 2024

Cottage Grove home prices fall in July 2020

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The median sale price of a home sold in July 2020 in Cottage Grove fell by $8,050 while total sales decreased by 58.2%, according to BlockShopper.com.

In July 2020, there were 28 homes sold, with a median sale price of $280,950 - a 2.8% decrease over the $289,000 median sale price for the same period of the previous year. There were 67 homes sold in Cottage Grove in July 2019.

The median sales tax in Cottage Grove for the most recent year with available data, 2015, was $2,634, approximately 0.9% of the median home sale price for July 2020.

The following table compares Cottage Grove to other Washington County cities with similar median sales prices in July 2020:

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Woodbury79156-49.4%$364,900$325,00012.3%
Mahtomedi513-61.5%$325,000$425,000-23.5%
Stillwater2434-29.4%$317,000$357,450-11.3%
Bayport34-25%$300,000$270,00011.1%
Lakeland25-60%$294,250$245,64219.8%
Cottage Grove2867-58.2%$280,950$289,000-2.8%
Oakdale3165-52.3%$270,000$225,00020%
St. Paul Park57-28.6%$240,000$230,0004.3%
Hugo1433-57.6%$237,500$215,00010.5%
Forest Lake1543-65.1%$215,000$320,000-32.8%
Newport39-66.7%$210,000$230,000-8.7%

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