Cottonwood County, Minnesota Housing Market
In Cottonwood County, Minnesota, the median home value is $169,300, with a median monthly rent of $817. This places Cottonwood County at #1816 nationally out of 3134 counties by median home value, and #67 within Minnesota.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $971
- Establishments: 393
- BLS QCEW, 2025
Housing Supply
- Single-family: 10
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 4,746 (avg $72,226)
- Outflow: 4,420 (avg $74,218)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Cottonwood County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 56101 | 237.7 | +13.33% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Cottonwood County Compares
| Metric | Cottonwood County | Minnesota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $169,300 | $238,335 | $227,706 |
| Median Gross Rent | $817 | $938 | $968 |
| Owner Occupancy Rate | 74.4% | 77.9% | 73.3% |
| Price/Rent Ratio | 17.3 | 21.1 | 18.7 |
Market Analysis
The median home value in Cottonwood County is 29.0% below the Minnesota state average and 25.6% below the U.S. national average. The median rent of $817/month is 12.9% below the state average.
With a price-to-rent ratio of 17.3, the buy-vs-rent decision in Cottonwood County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Cottonwood County has an owner-occupancy rate of 74.4%, compared to 77.9% in Minnesota and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Greene County | Arkansas | $169,300 | $904 |
| Newton County | Arkansas | $169,300 | $617 |
| St. Francois County | Missouri | $169,300 | $794 |
| Cherokee County | Texas | $169,300 | $933 |
| DeKalb County | Missouri | $169,200 | $817 |
Other Counties in Minnesota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Big Stone County | $169,100 | $745 | 79.7% |
| Freeborn County | $171,100 | $849 | 79.5% |
| Wadena County | $173,000 | $746 | 73.6% |
| Marshall County | $164,500 | $690 | 83.0% |
| Lincoln County | $164,400 | $674 | 81.4% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).