Market Overview
Home Prices in Cottage Grove, TN
The median home value in Cottage Grove, TN is $271,090 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.7% compared to a year ago and up 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cottage Grove are priced34% below average. Cottage Grove is part of the Paris, TN metro area.
Over the past five years, Cottage Grove home values have risen by approximately30.8%, reflecting strong long-term appreciation in this market.
Price History
Cottage Grove Home Price Trend
City Comparison
Cottage Grove vs. National Median
At $271,090, homes in Cottage Grove cost 34% below the national median of $410,000. This makes Cottage Grove a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cottage Grove?
20% Down Payment
$54,218
on $271,090
Monthly P&I
$1,414/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,796/mo
incl. taxes & insurance
Income Needed
$71,840
gross annual (30% rule)
10% Down Option
$27,109
+ PMI applies
Loan Amount (20% dn)
$216,872
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Cottage Grove, TN?
The median home value in Cottage Grove is $271,090 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.7% year-over-year.
How much have home prices changed in Cottage Grove?
Over the past year, home values in Cottage Grove have increased by 6.7%. Over five years, prices have risen approximately 30.8%.
How much do I need to earn to buy a home in Cottage Grove?
To comfortably afford the median home price of $271,090 with a 20% down payment ($54,218) at today's rates (6.8%), you'd need a gross annual income of approximately $71,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Cottage Grove compare to the national average home price?
The national median home value is approximately $410,000. At $271,090, homes in Cottage Grove are 34% below the national average.
What metro area is Cottage Grove part of?
Cottage Grove is part of the Paris, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.