$10,000 Closing Credit*
$945,000
2,917 SqFt
4 Beds
•2 Full Baths
Jane Dixon, Listing Office: MORE Realty
Is Cottage Grove, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Cottage Grove has remained a Seller's Market.
Key Takeaway
Cottage Grove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cottage Grove, OR
How much do homes in Cottage Grove, OR cost?
Median Sold Price
$410,000
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$36,050(+9.6%)
Key Takeaway
Homes in Cottage Grove have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in Cottage Grove was $410,000 in October 2024, up 9.6% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350K | $181K | -48.3% |
| 2 Bedrooms | $305K | $313.5K | +2.8% |
| 3 Bedrooms | $370K | $380K | +2.7% |
| 4 Bedrooms | $460K | $493K | +7.2% |
| 5+ Bedrooms | $445K | $580K | +30.3% |
Summary: Cottage Grove housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.3%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 30.3%.
Housing Supply in Cottage Grove, OR
How many homes are available in Cottage Grove, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 91 | 90 | -1.1% |
Summary: The Cottage Grove real estate market had 90 homes for sale in October 2024, a 1.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 53 | 49 | -7.5% |
| 4 Bedrooms | 22 | 24 | +9.1% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Cottage Grove housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 20 | +66.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cottage Grove, you may be able to get a good deal. 35% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Cottage Grove in October 2024, up by 66.7% month-over-month. Of the 20 sold homes, 35% were sold under asking, 30% were sold at asking, and 35% were sold over asking.
Days on Market for Cottage Grove, OR
How long does it take to sell a home in Cottage Grove, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 53 Days | +6.9% |
Summary: Homes in Cottage Grove had an average of 53 days on market in Oct 2024, up by 6.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cottage Grove has remained consistent over time.
Summary: During October 2024, 20 homes were sold in Cottage Grove; 35% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon. 
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.