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Sarah Mitchell

CNESRESABR

Compass Real Estate · Cottage Grove, WI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Cottage Grove, WI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Cottage Grove, WI Housing Market & Real Estate

Leaning buyer's+7.8% YoY

Housing market overview · Updated monthly ·

$462,500median sale price

How is the Cottage Grove, WI housing market right now?

The median home sale price in Cottage Grove, WI is $462,500, up 7.8% year-over-year. Homes sell in an average of 77 days with 40 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Cottage Grove a buyer's or seller's market?

Leaning buyer's4.0 months of supply77 avg. days on market

Cottage Grove, WI is currently a leaning buyer's, based on 4.0 months of supply and homes selling in about 77 days. How we determine this →

Homes sold

10

Last 12 weeks

Days on market

77

Average pace

Active listings

40

4.0 months supply

Sale-to-list

97.2%

Below asking

What does the Cottage Grove housing market data show?

Current housing market statistics for Cottage Grove, WI
MetricValue
Median sale price$462,500
Median list price$384,500
Year-over-year price change+7.8%
Average days on market77 days
Active inventory40 listings
Months of supply4.0 months
Sale-to-list price ratio97.2%
Median price per sq ft$244/sq ft
Homes sold (latest month)10
New listings (latest month)17
Listings with a price cut12.5%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Cottage Grove by property type?

How the Cottage Grove, WI market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Cottage Grove, WI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$485,000$244/sq ft779 days
Condo / Co-op$304,500$211/sq ft272 days
Townhouse$300,000$196/sq ft156 days

Source: Redfin · Updated monthly

The Cottage Grove housing market is currently classified as a leaning buyer's with a median sale price of $462,500. Prices have risen 7.8% compared to last year, with homes spending an average of 77 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.6x provides context for how home values compare to local earning capacity.

Homes for sale in Cottage Grove

There are currently 40 homes listed for sale in Cottage Grove, Wisconsin. The median listing price is $385K.

Active listings

40

Homes on market

Median list price

$385K

Avg. days on market

77

Days until sale

New this week

17

Newly listed

Price drops:12.5%of listings
Sale-to-list:97.2%

Who lives in Cottage Grove?

Population

7,906

Median income

$132,717/yr

Median age

40 years

Owner-occupied

76.6%

College grads

54.5%

Avg commute

24.3 min

Source: U.S. Census Bureau ACS

What are homes worth in Cottage Grove?

Zillow home value

$482,616

Zillow rent index

$1,779/mo

Price-to-rent ratio

22.6x

Price-to-income

3.6x

Source: Zillow Research

What is it like to live in Cottage Grove?

Cottage Grove is a community of approximately 8K residents with a median age of 40 years.The median household income is $132,717, which reflects a relatively affluent area with strong earning potential. 54.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 76.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Cottage Grove offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Cottage Grove?

4 schools tracked · 1,824 students

The largest public schools serving Cottage Grove, WI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Glacial Drumlin School

Grades 6-8 · 763 students

Public

Granite Ridge School

Grades 3-5 · 477 students

Public

Cottage Grove Elementary

Grades 1-2 · 305 students

Public

Taylor Prairie Elementary

Grades PK-K · 279 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Cottage Grove, WI?

Want a head-to-head view? Compare Cottage Grove side-by-side with any other U.S. city using our market-comparison tool.

Is Cottage Grove a good real estate investment market?

For investors evaluating Cottage Grove, the price-to-rent ratio of 22.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 7.8% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Cottage Grove's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Cottage Grove's median home price.

Frequently asked questions

What is the average home price in Cottage Grove?

The median home sale price in Cottage Grove is $462,500, up 7.8% from last year.

How long do homes stay on market in Cottage Grove?

Homes typically spend 77 days on market before going under contract.

What is the median income in Cottage Grove?

The median household income is $132,717 per year.

Is Cottage Grove a buyer's or seller's market?

With 4.0 months of supply, Cottage Grove is currently a leaning buyer's.

What is the Zillow home value estimate for Cottage Grove?

The Zillow Home Value Index (ZHVI) for Cottage Grove is $482,616, representing the typical home value in the area.

What is the median condo price in Cottage Grove?

The median condo/co-op sale price in Cottage Grove, WI is $304,500, compared to $485,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Cottage Grove?

The median single-family home price in Cottage Grove, WI is $485,000 (about $244 per square foot).

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