Is Cotton, MN 55724 a buyer’s or seller’s market?

The Cotton housing market right now

In the three months ending August 31, 2026, 25% of homes in Cotton, MN 55724 sold above their list price, the typical home went under contract in 42 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold faster (55 days then) and the median sale price fell 51% to $255,889. Overall, Cotton is less competitive than a year ago, which gives buyers more room.

Within St. Louis County, homes here sell more slowly than in 69% of the county’s ZIP codes, and sell more often over asking than in 53%.

Nearby, buyers who want less competition could look at Soudan 55782 (0% sold over asking) or Orr 55771 (0% sold over asking), while Angora 55703 (100% sold over asking) and Buhl 55713 (100% sold over asking) are even more competitive.