Morgan Leone
Cottage Grove Real Estate
Morgan Leone provides a personal, education-focused approach to the Cottage Grove real estate market. As a Park High School graduate, she offers local insight for every step of the home buying and selling journey.
Cottage Grove, Minnesota features a robust housing stock where 88% (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates) of homes are owner-occupied. The market consists largely of residential properties, with 78% (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates) being single-family detached homes. Many properties in the area were established during a period of significant growth, reflected by the median year homes were built: 1990 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates).
Morgan Leone specializes in guiding buyers through first-time purchases and navigating VA loans. She remains the primary point of contact from the initial search through the closing process. Her focus is on ensuring every question is answered, helping clients feel confident as they evaluate investment properties or new construction in this community.
Sellers in Cottage Grove benefit from steady long-term appreciation. In Washington County, home prices saw a change of +35.0% (Federal Housing Finance Agency House Price Index, 2020 to 2025) over a five-year period. Morgan Leone uses her local roots to represent sellers effectively, providing a transparent and warm experience throughout the transaction.
By the numbers
Cottage Grove, MN at a glance
| Population2020–2024 ACS 5-year estimates | 40,992 |
|---|---|
| Housing units2020–2024 ACS 5-year estimates | 14,487 |
| Median home value (owner-occupied)2020–2024 ACS 5-year estimates | $378,800 |
| Median monthly rent2020–2024 ACS 5-year estimates | $1,783 |
| Median annual property tax paid2020–2024 ACS 5-year estimates | $3,994 |
| Homes that are owner-occupied2020–2024 ACS 5-year estimates | 88% |
| Homes that are single-family detached2020–2024 ACS 5-year estimates | 78% |
| Median year homes were built2020–2024 ACS 5-year estimates | 1990 |
| Commutes under 30 minutes2020–2024 ACS 5-year estimates | 65% |
| Home price change, 1 year (Washington County)2024 to 2025 | +1.8% |
| Home price change, 5 years (Washington County)2020 to 2025 | +35.0% |
| Average 30-year fixed mortgage rate (U.S.)week of 2026-09-24 | 7.03% |
| Average 30-year fixed mortgage rate a year earlier (U.S.)week of 2025-09-18 | 6.26% |
Sources: U.S. Census Bureau, American Community Survey; Federal Housing Finance Agency House Price Index; Freddie Mac Primary Mortgage Market Survey. Published estimates for the area as a whole, not a valuation of any property.
FAQ
Frequently asked questions
What is the median home value in Cottage Grove, Minnesota?↓
The median home value for owner-occupied units is $378,800 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). This figure reflects the diverse range of single-family homes and townhouses available in the city. Morgan Leone helps buyers understand how this value compares to their specific budget and goals.
What kind of residential properties are most common in Cottage Grove?↓
Single-family detached homes make up 78% (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates) of the local housing. There are also various townhouses and new construction options throughout the area. Morgan Leone assists clients in exploring these different property types to find the right fit.
How long is the typical commute for residents of Cottage Grove?↓
Data shows that commutes under 30 minutes: 65% (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). This makes the city a practical location for those working in the surrounding region. Morgan Leone can provide more specific details on local routes and transit options.
What are the current mortgage rates for a home in Cottage Grove?↓
The average 30-year fixed mortgage rate (U.S.) was 7.03% (Freddie Mac Primary Mortgage Market Survey, week of 2026-09-24). This is an increase from the average 30-year fixed mortgage rate a year earlier (U.S.) of 6.26% (Freddie Mac Primary Mortgage Market Survey, week of 2025-09-18). Morgan Leone helps buyers navigate these shifts by connecting them with qualified lenders.
Why should I work with Morgan Leone to buy a home in Cottage Grove?↓
Morgan Leone grew up in the area and graduated from Park High School, offering a deep local perspective. She manages every detail of the contract personally rather than handing clients off to an assistant. Her approach is rooted in education and ensuring no question goes unanswered.
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