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Minnesota State Wire

Wednesday, November 6, 2024

Cottage Grove median home prices rose by 11.3% in the third quarter of 2021

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The median sale price of a home sold in the third quarter of 2021 in Cottage Grove rose by $35,000 while total sales increased by 61.4%, according to BlockShopper.com.

From July through September of 2021, there were 163 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 101 homes sold in Cottage Grove in the third quarter of 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 the third quarter of 2021.

The following table compares Cottage Grove to other Washington County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Stillwater1178046.3%$466,500$362,50028.7%
Mahtomedi372176.2%$450,000$355,00026.8%
Woodbury35528225.9%$396,700$339,95016.7%
Birchwood Village550%$395,000$390,0001.3%
Lakeland660%$349,200$234,25049.1%
Cottage Grove16310161.4%$345,000$310,00011.3%
St. Marys Point31200%$345,000$450,000-23.3%
Forest Lake797012.9%$338,597.03$297,00014%
Bayport810-20%$329,950$458,997.50-28.1%
Lake St. Croix Beach660%$297,500$270,50010%
Oak Park Heights14140%$295,450$215,25037.3%

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