Cottonwood County, Minnesota home prices
Typical home $169,239 · -0.2% in a year · property tax 1.05%
The typical home in Cottonwood County is worth $169,239, 51% less than the Minnesota typical home ($348,778). Values changed -0.2% in the past year and +20.5% over five years. Homeowners here pay a median 1.05% of their home's value in property tax each year ($1,780 on the typical home), versus 1.04% statewide.
Mortgage on the typical Cottonwood County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $33,848 | $135,391 | $911 | $0 | $233 | $1,144 | $49,000 |
| 10% down | $16,924 | $152,315 | $1,025 | $63 | $233 | $1,321 | $56,600 |
| 5% down | $8,462 | $160,777 | $1,082 | $67 | $233 | $1,382 | $59,200 |
| 3.5% down (FHA) | $5,923 | $166,173 | $1,118 | $75 | $233 | $1,426 | $61,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.05% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Minnesota.
Minnesota counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Watonwan County | $174,190 | +3.2% | 1.05% |
| Mahnomen County | $175,907 | +7.3% | 0.93% |
| Faribault County | $161,984 | +3.7% | 0.99% |
| Yellow Medicine County | $176,826 | +6.3% | 1.04% |
| Koochiching County | $157,546 | +4.1% | 0.74% |
| Norman County | $181,155 | +5.8% | 0.94% |
| Traverse County | $151,419 | +7.6% | 0.99% |
| Redwood County | $187,335 | +6.2% | 1% |
| Pennington County | $191,990 | -2.4% | 1.26% |
| Renville County | $192,374 | +7.8% | 1.04% |
Frequently asked questions
What is the average home price in Cottonwood County, MN?
The typical home value in Cottonwood County is $169,239 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Cottonwood County?
About $49,000 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Cottonwood County?
The median effective rate is 1.05% of home value a year (Census ACS 2024 5-year estimates).