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Minnesota State Wire

Wednesday, November 6, 2024

Home prices increased in Cottage Grove during August 2021

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The median sale price of a home sold in August 2021 in Cottage Grove rose by $35,000 while total sales increased by 32%, according to BlockShopper.com.

In August 2021, there were 33 homes sold, with a median sale price of $345,000 - a 11.3% increase over the $310,000 median sale price for the same period of the previous year. There were 25 homes sold in Cottage Grove in August 2020.

The median sales tax in Cottage Grove for the most recent year with available data, 2020, was $3,514, approximately 1% of the median home sale price for August 2021.

The following table compares Cottage Grove to other Washington County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Afton45-20%$499,950$509,000-1.8%
Stillwater23219.5%$498,000$460,0008.3%
Forest Lake1721-19%$428,890$280,00053.2%
Woodbury7183-14.5%$401,400$347,50015.5%
Lakeland12-50%$368,500$212,25073.6%
Cottage Grove332532%$345,000$310,00011.3%
Oak Park Heights13-66.7%$291,000$273,6006.4%
Oakdale2428-14.3%$276,650.50$283,000-2.2%
Hugo19185.6%$275,000$306,000-10.1%
St. Paul Park72250%$241,900$212,00014.1%
Newport31200%$215,000$300,000-28.3%

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