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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Cottage Grove, OR Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Cottage Grove, OR Housing Market Trends

With a population of 10,713, 4,210 total housing units (homes and apartments), and a median house value of $402,492, Cottage Grove real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Cottage Grove, accounting for 68.63% of the city's housing units. Other types of housing that are prevalent in Cottage Grove include large apartment complexes or high rise apartments ( 12.62%), duplexes, homes converted to apartments or other small apartment buildings ( 7.99%), and a few mobile homes or trailers ( 5.26%).

The most prevalent building size and type in Cottage Grove are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.54% owning and 41.46% renting.

There is a lot of housing in Cottage Grove built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Cottage Grove built between 1940-1969 ( 27.24%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.54%). There's also some housing in Cottage Grove built before 1939 ( 15.91%).

Cottage Grove Home Appreciation Rates

Appreciation rates for homes in Cottage Grove have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 109.56%, which ranks in the top 30% nationwide. This equates to an annual average Cottage Grove house appreciation rate of 7.68%.

Over the last year, Cottage Grove appreciation rates have trailed the rest of the nation. In the last twelve months, Cottage Grove's appreciation rate has been -1.58%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Cottage Grove were at -2.35%, which equates to an annual appreciation rate of -9.08%.

Notably, Cottage Grove's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Oregon, our data show that Cottage Grove's latest annual appreciation rate is lower than 80% of the other cities and towns in Oregon.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Cottage Grove differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Cottage Grove - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Cottage Grove real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$402,492

Cottage Grove, OR Home Prices
> $1,250,000
$938,001 - $1,250,000
$625,001 - $938,000
$500,001 - $625,000
$375,001 - $500,000
$250,001 - $375,000
$125,001 - $250,000
$62,001 - $125,000
$0 - $62,000
1.1%
1.1%
4.5%
4.5%
10.2%
10.2%
10.2%
10.2%
24.2%
24.2%
30.7%
30.7%
9.9%
9.9%
2.0%
2.0%
7.2%
7.2%
0% 100.0%
% of Homes
Low

for Oregon

High

for nation

Number of Homes And Apartments:

4,210

Cottage Grove Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,511 / per month

Homeownership Rate

Owners
Renters
58.5%
58.5%
41.5%
41.5%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.4%
3.4%
96.6%
96.6%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
18.5%
18.5%
38.3%
38.3%
27.2%
27.2%
15.9%
15.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
68.6%
68.6%
5.3%
5.3%
8.0%
8.0%
12.6%
12.6%
5.3%
5.3%
0.3%
0.3%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.1%
1.1%
13.2%
13.2%
27.5%
27.5%
44.8%
44.8%
11.4%
11.4%
2.1%
2.1%
0% 100.0%
% of Homes

Popular Communities Near Cottage Grove, OR

Zip Codes in Cottage Grove, OR