Is Winthrop, MN 55396 a buyer’s or seller’s market?

The Winthrop housing market right now

In the three months ending August 31, 2026, 14% of homes in Winthrop, MN 55396 sold above their list price, the typical home went under contract in 64 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (13% then), homes sold more slowly (40 days then) and the median sale price fell 24% to $189,818. Overall, Winthrop is less competitive than a year ago, which gives buyers more room.

Within Sibley County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in 67%.

Nearby, buyers who want less competition could look at New Auburn 55366 (0% sold over asking) or Gaylord 55334 (11% sold over asking), while Henderson 56044 (50% sold over asking) and Green Isle 55338 (38% sold over asking) are even more competitive.