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Thursday, November 28, 2024

Cottage Grove home prices rise in October 2020

Realestate1

The median sale price of a home sold in October 2020 in Cottage Grove rose by $19,800 while total sales decreased by 40%, according to BlockShopper.com.

In October 2020, there were 24 homes sold, with a median sale price of $292,800 - a 7.3% increase over the $273,000 median sale price for the same period of the previous year. There were 40 homes sold in Cottage Grove in October 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 October 2020.

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

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Dellwood12-50%$462,000$747,500-38.2%
Mahtomedi25-60%$395,000$435,000-9.2%
Stillwater1736-52.8%$395,000$336,90017.2%
Woodbury41111-63.1%$380,000$289,50031.3%
Scandia38-62.5%$352,000$375,000-6.1%
Cottage Grove2440-40%$292,800$273,0007.3%
Hugo1319-31.6%$290,000$225,00028.9%
Forest Lake1225-52%$285,000$265,0007.5%
Bayport14-75%$275,000$455,000-39.6%
Oak Park Heights58-37.5%$271,000$247,5009.5%
Newport12-50%$270,000$229,95017.4%

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