Is Winsted, MN 55395 a buyer’s or seller’s market?
Winsted is a seller’s market. With about 2.1 months of supply and 42% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Winsted housing market right now
In the three months ending August 31, 2026, 42% of homes in Winsted, MN 55395 sold above their list price, the typical home went under contract in 19 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 12 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 33%, homes sold about as fast and the median sale price rose 7% to $289,875. Overall, Winsted is more competitive than a year ago, so tougher for buyers.
Within McLeod County, homes here sell faster than in 71% of the county’s ZIP codes, and sell more often over asking than in 57%.
Nearby, buyers who want less competition could look at Stewart 55385 (20% sold over asking) or Silver Lake 55381 (20% sold over asking), while Plato 55370 (100% sold over asking) and Brownton 55312 (50% sold over asking) are even more competitive.
Run the numbers for 55395
Nearby markets
Brownton 55312Buyer’s market $137 /sq ftGlencoe 55336Seller’s market $166 /sq ftHutchinson 55350Seller’s market $159 /sq ftLester Prairie 55354Seller’s market $143 /sq ft Browse all markets →Towns like Winsted nearby
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Questions about Winsted real estate
Is Winsted a buyer’s or seller’s market?
A seller’s market: there were 2.1 months of supply in Winsted, MN 55395 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Winsted?
The typical home went under contract in 19 days in the latest three months.
Do homes in Winsted sell over asking?
42% of homes sold above their original list price, and the typical sale closed at 98.9% of the list price.
What are property taxes in Winsted?
About 1.15% of a home’s value a year in McLeod County, or roughly $4,600 on a $400,000 home.
What is the median home price in Winsted?
The median sale price was $289,875 in the three months ending August 31, 2026, about $181 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology