Cottage Grove, MN 55016 - Real Estate Investment Insights & Performance Data

Welcome to our 55016 real estate data hub, tailored for investors in Cottage Grove, MN. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 55016 in Cottage Grove, MN. Discover Section 8 housing opportunities and challenges to maximize your investment potential in WASHINGTON COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Cottage Grove, MN real estate investing. Uncover the wealth of information available, and position yourself for success in the Cottage Grove property market.

• Location Overview

  • Zip Code: 55016
  • City: Cottage Grove
  • State: MN
  • Metro Area: Minneapolis-St. Paul-Bloomington, MN-WI
  • County Name: WASHINGTON COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $368,732
  • Average Home Price (Single Family Homes): $368,617
  • Average Monthly Rental Price (All Types): $1,772
  • Price-to-Rent Ratio: 17
  • Zillow Projected % appreciation from 4/2023-4/2024: -0.6%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,700
  • Average 3 Bedroom Section 8 Rental Rates: $2,310
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 18.08
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 13.3
  • Number of Units Offered in Section 8 in the County: 841
  • Number of Occupied Units in Section 8 in the County: 787
  • Percentage of Section 8 Units Occupied in the County: 93.5%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 239.75
  • Total % Appreciation since 2000 (Government Data): 109.86
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.26%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 1.67%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 20.36%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 30.87%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 72.76%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 45.39%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 66.72%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%