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Cottage Grove housing market, August 2026

Past report · Minneapolis Area REALTORS® Local Market Update · current as of September 8, 2026. See the newest report (September 2026)

  • Median sale price$439K+8.3% vs. August 2025
  • Homes sold64+1.6% vs. August 2025
  • Days on market34August 2026
  • Months of supply2.9end of August 2026

The short version

Cottage Grove in August 2026

In August 2026, 64 homes sold in Cottage Grove, against 63 in August 2025.

The median sale price was $438,500, up 8.3% from a year earlier, and homes spent 34 days on market, with sellers receiving 98.1% of their original list price.

The month ended with 169 homes for sale, 2.9 months of supply (a seller’s market by the usual measure).

Over the 12 months through August 2026, the median was $407,000 (up 3.0%) across 684 sales.

That was the 28th highest median sale price of the 80 cities in our guides with at least 10 sales that month.

Median sale price by month through August 2026, Cottage Grove
300k400k500kOct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026Aug 2026$395,000Oct 2024$395,000Nov 2024$389,950Dec 2024$419,950Jan 2025$379,500Feb 2025$386,495Mar 2025$366,500Apr 2025$415,500May 2025$393,000Jun 2025$399,950Jul 2025$400,000Aug 2025$405,000Sep 2025$427,500Oct 2025$375,000Nov 2025$394,900Dec 2025$400,000Jan 2026$357,495Feb 2026$430,000Mar 2026$380,000Apr 2026$449,995May 2026$409,503Jun 2026$405,000Jul 2026$382,650$438,500Aug 2026$438,500

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$395,000
Nov 2024$389,950
Dec 2024$419,950
Jan 2025$379,500
Feb 2025$386,495
Mar 2025$366,500
Apr 2025$415,500
May 2025$393,000
Jun 2025$399,950
Jul 2025$400,000
Aug 2025$405,000
Sep 2025$427,500
Oct 2025$375,000
Nov 2025$394,900
Dec 2025$400,000
Jan 2026$357,495
Feb 2026$430,000
Mar 2026$380,000
Apr 2026$449,995
May 2026$409,503
Jun 2026$405,000
Jul 2026$382,650
Aug 2026$438,500

All the numbers

Cottage Grove, August 2026 vs. August 2025

August 202612 months through August 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$405,000$438,500+8.3%$395,000$407,000+3.0%
Average sale price$429,782$461,285+7.3%$425,240$437,711+2.9%
Price per square foot$203$204+0.7%$198$204+3.0%
Closed sales6364+1.6%657684+4.1%
New listings89102+14.6%9761,094+12.1%
Days on market5234−34.6%4542−6.7%
% of original list price received98.7%98.1%−0.6%99%99.1%+0.1%
Homes for sale (end of month)132169+28.0%———
Months of supply2.42.9+20.8%———
Twin Cities region, median price$400,000$405,000+1.3%$389,000$395,000+1.5%

Source: Minneapolis Area REALTORS® Local Market Update, Cottage Grove, August 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of September 8, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Cottage Grove in August 2026: questions

What was the median home price in Cottage Grove, MN in August 2026?

$438,500, from 64 sales (up 8.3% from August 2025), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).

How many homes sold in Cottage Grove, MN in August 2026?

64, against 63 in August 2025. 102 new listings came on the market that month.

Was Cottage Grove a buyer's or seller's market in August 2026?

Cottage Grove ended August 2026 with 2.9 months of supply (169 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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