Cotton, MN55724

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$209,000
3.8% YoY Growth
Median Household Income
$73,500
20.9% 5-Year Growth
Days on Market
79
22.0% Longer than last year
Home Price Forecast
3.0%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Cotton, MN

As of Oct '25, Realtor.com reports that the median days on market for a home in Cotton, MN is 79. This is a increase of 22.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$257,000-45.0%
Listing Count
6-14.0%
Listings as % of Homes0.1%-14.0%
Days on Market
7922.0%
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Demographics — Cotton, MN

As of the latest ACS Survey released in 2023, Cotton, MN has a population of 719, which has decreased by -6.9% over the past 5 years. Cotton, MN is a less popular place for families, as children make up 11.5% of the population. The area has a moderately educated workforce, with 29.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
719-6.9%
% Under 18
11.5%-6.5%
% Seniors
34.6%55.9%
% WFH
12.2%171.1%
% w/ College Degree
29.2%32.1%
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As of the latest ACS Survey released in 2023, Cotton, MN is a predominantly white area, with 95.0% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Cotton, MN is hispanic, making up 1.0% of the population. Foreign-born residents account for 1.0% of the population in Cotton, MN, and this percentage has decreased by 63.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
95.0%-1.2%
% Black
0.0%-100.0%
% Hispanic
1.0%-16.7%
% Asian
0.0%N/A
% Foreign Born
1.0%-63.0%
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Mortgage and Risk — Cotton, MN

According to HUD data as of 2023, there were 48 mortgage originations in Cotton, MN, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Cotton, MN. Investor activity is low, as 4.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
48
% Conventional Loans
94.0%
% Government Loans
6.0%
% Investor Loans
4.0%
% Second Loans
19.0%
% Cash Out Refinance
15.0%

Loan Activity

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Rentals and Section 8 — Cotton, MN

Cotton, MN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$900
2 BedroomN/AN/A$1,150
3 BedroomN/AN/A$1,550
4 BedroomN/AN/A$1,930

Affordability — Cotton, MN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.6
Median Home Price$209,000
Median Household Income$73,500

Cotton, MN — ZIP Code Boundary Map

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Frequently Asked Questions