Husky Homes' Market Report

Cottage Grove, WI

Single-Family Homes

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Cottage Grove, WI

Mon Dec 11 2023
This week the median list price for Cottage Grove, WI is $624,990 with the market action index hovering around 39. This is less than last month's market action index of 41. Inventory has decreased to 11. Click here to stay informed with the Cottage Grove market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Cottage Grove, WI

Mon Dec 11 2023
This week the median list price for Cottage Grove, WI is $624,990 with the market action index hovering around 39. This is less than last month's market action index of 41. Inventory has decreased to 11. Click here to stay informed with the Cottage Grove market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Cottage Grove market.
Median List Price $624,990
Median Price of New Listings $524,900
Per Square Foot $200
Average Days on Market 68
Median Days on Market 56
Price Decreased 73%
Price Increased 9%
Relisted 0%
Inventory 11
Median Rent
Market Action 39
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$802,499 4,212 0.25 - 0.5 acre 5 3.8 12 0 0 63
$657,990 3,418 0.25 - 0.5 acre 4 3 4 0 0 77
$614,990 2,808 0.25 - 0.5 acre 4 2.5 0 1 0 56
$445,000 2,560 0.25 - 0.5 acre 3 2.5 28 0 0 84