Is Cottage Grove, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Cottage Grove has remained a Seller's Market.
Housing Prices in Cottage Grove, WI
How much do homes in Cottage Grove, WI cost?
Median Sold Price
$415,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Cottage Grove was $415,000 in March 2024, up 35.9% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $215K | $218K | +1.4% |
2 Bedrooms | $261.6K | $298K | +13.9% |
3 Bedrooms | $341K | $402K | +17.9% |
4 Bedrooms | $435K | $454.5K | +4.5% |
5+ Bedrooms | $590K | $780K | +32.2% |
Summary: Cottage Grove housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 32.2%.
Housing Supply in Cottage Grove, WI
How many homes are available in Cottage Grove, WI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 25 | +25.0% |
Summary: The Cottage Grove real estate market had 25 homes for sale in March 2024, a 25.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 5 | 7 | +40.0% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Cottage Grove housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 6 | +500.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Cottage Grove in March 2024, up by 500.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Cottage Grove, WI
We’re sorry, we don't have information for this market at the moment