Cottage Grove, WI Real Estate

Schools
  District Type Enrollment # Student Teacher Ratio Test Score Rank
Cottage Grove Elementary School (Cottage Grove) Monona Grove School District Public 460 15 COTTAGE GROVE ELEMENTARY SCHOOL GreatSchools Rating
Glacial Drumlin School (Cottage Grove) Monona Grove School District Public 875 15 GLACIAL DRUMLIN SCHOOL GreatSchools Rating
Demographics

Population Demographics

  City County State
Total Population 10,847 540,697 5,852,878
Total Households 3,924 226,511 2,349,819
Total Families 3,102 129,682 1,516,725
Percent Male 50% 50% 50%
Percent Female 50% 50% 50%
White Collar Jobs 55% 64% 58%
Blue Collar Jobs 45% 36% 42%

Top Occupations

Professions Population Employed
Professional Services 752
Healthcare 391
Construction 386
Sales 352
Maintenance 301
Food 220
Management 206
Manufacturing 178
Transportation 152
Education 145

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income

Housing Demographics

  City County State
Total Housing Units
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Owner Occupied Housing Units 3,085 135,350 1,601,729
Renter Occupied Housing Units 838 91,161 748,090
Vacant Housing Units 121 12,379 311,518
Occupancy Rate 97% 92% 84%

Commute Time To Work

2
  City County State
Less than 5 minutes 145 8,422 135,725
5 - 15 minutes 735 73,684 877,463
15 - 30 minutes 2,594 105,614 975,154
30 - 45 minutes 752 32,718 370,565
45-60 minutes 69 6,210 120,537
Over 60 minutes 118 7,102 113,603

Total Housing Units

Housing By Occupant

Commute Time To Work

Age of Homeowners

Education Attainment

  City County State
Some High School 243 10,102 224,571
High School Graduate 1,526 64,855 1,256,597
Some College 1,496 63,519 833,955
Associates Degree 983 34,999 410,260
Bachelors Degree 1,789 103,500 747,113
Graduate Degree 919 70,061 384,121

Education Attainment


Market Conditions
Market Conditions for Cottage Grove - January 2020 | Shorewest Realtors®
January 2020

Market Conditions for Cottage Grove

Median Sale Price Graph

Median Sale Price

The median sale price for homes in January was $343,000. The median sales price for homes in January fell by ($77,000) compared to last month. This represents a 18.33% decrease from December. Compared to the same month last year, the median price of homes rose by $106,000 representing a 44.72% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale Graph

Homes for Sale

The inventory of homes for sale fell by 1 in January to 11. This represents 8.33% decrease from December when 12 homes were on the market. Compared to the same month last year when there were 21 homes for sale, the inventory of homes for sale has fallen by 10 representing a -47.61% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold Graph

Homes Sold

The 5 homes sold in January was 6 less than in December. This represents a 54.54% decrease in sales from December. Compared to the same month last year, the number of homes sold decreased by 2, a -28.57% year-over-year decrease.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Average Days on Market Graph

Avg Days on Market

The average days on market for a home sold in January (67) increased by 45 days compared to December. This represents a 204.54% increase in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold decreased by 21, a -23.86% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

Sale/List Price Ratio

The Sale/List Price Ratio of 99.42% in January rose by 1.31% compared to December and increased 7.13% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes Graph

New Homes

The number of homes listed in January (5) rose by 2 compared to December, a 66.66% change. Compared to January 2019, the number of new listings remained level

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Graph

Median List Price

The median list price in January was $375,000. The median list price for homes in January fell by ($14,900) compared to last month. This represents a 3.82% decrease from December. Compared to the same month last year, the median list price of homes increased $75,000 representing a 25% year-over-year increase.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.




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