Median home value in zip code 55016 (Cottage Grove, MN) is $391,313, up 1.3% year over year. Part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area.

Home Value$391,313

YoY Change

+1.3%

Prices rising — worse for buyers.

Affordability

Enter your income for 55016 (Cottage Grove).

Income (annual)

Down Payment

$78,263 on $391,313

Example: $75,000 household income. Change it above to see your own.

Out of reach40.2% of income

Need $107,700/yr to afford.

PITI$2,513

P/I40.2%

Afford$273K

Gap-$119K

P&I $1,979Tax $385Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

55016 is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Minneapolis-St. Paul-Bloomington, MN-WI analysis

Want deeper metro-level analysis?Stress scores, crash risk, 12-month forecasts, and early warning signals for 195 US metros.

Try Free

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.