Market Overview
Home Prices in Cottage Grove, WI
The median home value in Cottage Grove, WI is $482,616 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.8% compared to a year ago and up 3.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cottage Grove are priced18% above average. Cottage Grove is part of the Madison, WI metro area.
Over the past five years, Cottage Grove home values have risen by approximately31.7%, reflecting strong long-term appreciation in this market.
Price History
Cottage Grove Home Price Trend
City Comparison
Cottage Grove vs. National Median
At $482,616, homes in Cottage Grove cost 18% above the national median of $410,000. Buyers in Cottage Grove should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Cottage Grove?
20% Down Payment
$96,523
on $482,616
Monthly P&I
$2,517/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,197/mo
incl. taxes & insurance
Income Needed
$127,880
gross annual (30% rule)
10% Down Option
$48,262
+ PMI applies
Loan Amount (20% dn)
$386,093
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, WI?
The median home value in Cottage Grove is $482,616 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.8% year-over-year.
How much have home prices changed in Cottage Grove?
Over the past year, home values in Cottage Grove have increased by 2.8%. Over five years, prices have risen approximately 31.7%.
How much do I need to earn to buy a home in Cottage Grove?
To comfortably afford the median home price of $482,616 with a 20% down payment ($96,523) at today's rates (6.8%), you'd need a gross annual income of approximately $127,880. 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 $482,616, homes in Cottage Grove are 18% above the national average.
What metro area is Cottage Grove part of?
Cottage Grove is part of the Madison, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.