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COTTAGE GROVE, MN 55016

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The COTTAGE GROVE, MN real estate market (55016) currently shows 173 active listings, with 78 pending sales. Homes are averaging 36 days on the market before going under contract.

Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 36 days on market compared to 25 days last year.

The median listing price has risen 3.1% year-over-year, from $484,990 to $499,965.

Whether you are buying or selling in COTTAGE GROVE, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 38,842  ·  Density: 498.2/mi²  ·  Median household income: $117,255

Typical home value: $335,678  ·  Homeownership: 88.2%

Market Overview

Active Listings
173
⇧ 10.9% vs 156 last year
Pending
78
45% pending ratio
Median Price
$499,965
⇧ 3.1% vs $484,990 last year
Average Price
$529,008
⇧ 2.8% vs $514,813 last year
Days on Market
36
⇧ 44% vs 25 days last year

Price Per Square Foot

Median $/sqft
$214
⇧ 0.5% vs $213/sqft last year
Median Home Size
2,203 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 173 this year vs 156 last year
  • Days on market: 36 now vs 25 last year

Median & Average Pricing

Year over Year
  • Median: $499,965 (+3.1% YoY)
  • Average: $529,008 (+2.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.9 miles — 885 listings ($433,160,181 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55016Cottage Grove, MN 550160.0 mi162$82,423,008$462,444$508,784
55076Inver Grove Heights, MN 550765.0 mi51$17,286,399$299,900$338,949
55129Saint Paul, MN 551295.5 mi134$79,400,896$589,370$592,544
55125Saint Paul, MN 551257.1 mi82$31,755,074$331,250$387,257
55001Afton, MN 550018.1 mi8$13,141,184$1,131,250$1,642,648
55068Rosemount, MN 550688.7 mi171$89,845,281$531,995$525,411
55118Saint Paul, MN 5511810.0 mi59$47,048,547$379,450$797,433
55107Saint Paul, MN 5510710.6 mi26$7,868,016$265,725$302,616
55120Saint Paul, MN 5512011.2 mi9$8,676,720$450,000$964,080
55043Lakeland, MN 5504311.7 mi4$1,379,600$344,900$344,900
55101Saint Paul, MN 5510111.9 mi58$14,670,868$199,900$252,946
55102Saint Paul, MN 5510212.1 mi67$21,759,322$233,750$324,766
55122Saint Paul, MN 5512212.9 mi54$17,905,266$318,600$331,579

Frequently Asked Questions

How many homes are for sale in COTTAGE GROVE, MN 55016?

As of March 2026, there are 173 active listings in COTTAGE GROVE, MN (zip code 55016), compared to 156 the prior year.

What is the median home price in COTTAGE GROVE, MN 55016?

The median listing price in COTTAGE GROVE, MN 55016 is $499,965 as of March 2026, a 3.1% increase from $484,990 the prior year.

How long do homes stay on the market in COTTAGE GROVE, MN?

Homes in COTTAGE GROVE, MN 55016 spend an average of 36 days on the market before going under contract, compared to 25 days the prior year.

Is it a seller's or buyer's market in COTTAGE GROVE, MN 55016?

Based on current inventory and days-on-market data as of March 2026, COTTAGE GROVE, MN 55016 is currently a Buyer's Market. Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 36 days on market compared to 25 days last year.

How much can I save on real estate commission in COTTAGE GROVE, MN?

With SELL123.com's maximum 3% commission, sellers in COTTAGE GROVE, MN 55016 save an estimated $9,999 compared to a typical 5% commission on the median listing price of $499,965. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.