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

Full stress scores, AI analysis, and 12-month forecast: Minneapolis-St. Paul-Bloomington, MN-WI metro →

Home Value$391,313

YoY Change

+1.3%

AFFORDABILITY

Enter your income for 55016 (Cottage Grove).

Income (annual)

Down Payment

$78,263 on $391,313

Out of reach — 40.2% 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

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