Cottage Grove, WI—53527
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cottage Grove, WI
As of Oct '25, the median home price in Cottage Grove, WI is $466,000, with a year-over-year change of 2.6%. This indicates that home prices in Cottage Grove, WI are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $466,000 | 2.6% |
| Single Family | $482,000 | 2.6% |
| Condos | $302,000 | 4.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $305,000 | 1.7% |
3 Bed | $424,000 | 2.4% |
4 Bed | $521,000 | 1.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cottage Grove, WI
As of July '25, Rentcast reports the average rent in Cottage Grove, WI is $1,670, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Cottage Grove, WI is studios: $1,020, 1-bedrooms: $1,460, 2-bedrooms: $1,610, 3-bedrooms: $2,180, 4-bedrooms: $2,700. The most common rental property sizes in Cottage Grove, WI are 2-bedroom and 1-bedroom, accounting for 39.2% and 26.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,670 |
| Studio Rent | $895 | $1,020 |
| 1 Bed Rent | $1,450 | $1,460 |
| 2 Bed Rent | $1,550 | $1,610 |
| 3 Bed Rent | $2,300 | $2,180 |
| 4 Bed Rent | $2,700 | $2,700 |
% of Rental Stock
Property Listings — Cottage Grove, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Cottage Grove, WI is 68. This is a increase of 12.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $491,000 | -1.0% |
Listing Count | 57 | 42.0% |
| Listings as % of Homes | 0.2% | 42.0% |
Days on Market | 68 | 12.0% |
Demographics — Cottage Grove, WI
As of the latest ACS Survey released in 2023, Cottage Grove, WI has a population of 11,500, which has increased by 5.6% over the past 5 years. Cottage Grove, WI is a moderately popular place for families, as children make up 24.5% of the population. The area has a highly educated workforce, with 47.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,500 | 5.6% |
% Under 18 | 24.5% | -13.1% |
% Seniors | 14.1% | 18.5% |
% WFH | 16.7% | 227.5% |
% w/ College Degree | 47.8% | 16.0% |
As of the latest ACS Survey released in 2023, Cottage Grove, WI is a predominantly white area, with 85.3% of the population identifying as white. The white population has grown by 1.3% in the last 5 years. The second most common race or ethnicity in Cottage Grove, WI is asian, making up 6.1% of the population. Foreign-born residents account for 4.4% of the population in Cottage Grove, WI, and this percentage has decreased by 20.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 85.3% | 1.3% |
% Black | 0.3% | -66.7% |
% Hispanic | 5.5% | -21.4% |
% Asian | 6.1% | 22.0% |
% Foreign Born | 4.4% | -20.0% |
Mortgage and Risk — Cottage Grove, WI
According to HUD data as of 2023, there were 284 mortgage originations in Cottage Grove, WI, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 42.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Cottage Grove, WI. Investor activity is low, as 1.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 284 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Cottage Grove, WI
As of 2024, the percent of homes in Cottage Grove, WI under the Section 8 program is 3.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Cottage Grove, WI, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 36 |
Total Units Section 8 | 36 |
% Rentals under Section 8 | 3.6% |
% Occupied Section 8 | 76.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $0 | $1,450 | $1,450 |
| 2 Bedroom | $120 | $1,550 | $1,670 |
| 3 Bedroom | -$110 | $2,300 | $2,190 |
| 4 Bedroom | -$250 | $2,700 | $2,450 |
Affordability — Cottage Grove, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $466,000 |
| Median Household Income | $120,000 |