Is Cottage Grove, OR 97424 a buyer’s or seller’s market?

The Cottage Grove housing market right now

In the three months ending August 31, 2026, 23% of homes in Cottage Grove, OR 97424 sold above their list price, the typical home went under contract in 43 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 54 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold faster (47 days then) and the median sale price held steady to $409,823. Overall, Cottage Grove is about as competitive as it was a year ago.

Within Lane County, homes here sell more slowly than in 61% of the county’s ZIP codes, and sell more often over asking than in 58%. On our competition score, Cottage Grove ranks #84 of 170 OR ZIP codes with enough sales (score 51 out of 100).

Nearby, buyers who want less competition could look at Westlake 97493 (0% sold over asking) or Westfir 97492 (0% sold over asking), while Blachly 97412 (100% sold over asking) and Elmira 97437 (50% sold over asking) are even more competitive.