Is Minnesota City, MN 55959 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Minnesota City is a seller’s market. With about 2.7 months of supply and 33% 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.

Months of supply2.7Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list101.5%Sold price ÷ list price
Median days on market9Listing to accepted offer
Median price per sq ft$153▼ −21.5% vs. last year

The Minnesota City housing market right now

In the three months ending August 31, 2026, 33% of homes in Minnesota City, MN 55959 sold above their list price, the typical home went under contract in 9 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 6 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 50%, homes sold faster (12 days then) and the median sale price rose 32% to $344,351. Overall, Minnesota City is less competitive than a year ago, which gives buyers more room.

Within Winona County, homes here sell faster 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 Saint Charles 55972 (8% sold over asking) or Rollingstone 55969 (25% sold over asking), while Utica 55979 (100% sold over asking) and Altura 55910 (50% sold over asking) are even more competitive.

Nearby markets

Altura 55910Seller’s market $134 /sq ftDakota 55925 — /sq ftLewiston 55952Seller’s market $139 /sq ftRollingstone 55969Seller’s market $157 /sq ft Browse all markets →

Where Minnesota City is

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Questions about Minnesota City real estate

Is Minnesota City a buyer’s or seller’s market?

A seller’s market: there were 2.7 months of supply in Minnesota City, MN 55959 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 Minnesota City?

The typical home went under contract in 9 days in the latest three months.

Do homes in Minnesota City sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 101.5% of the list price.

What are property taxes in Minnesota City?

About 0.93% of a home’s value a year in Winona County, or roughly $3,720 on a $400,000 home.

What is the median home price in Minnesota City?

The median sale price was $344,351 in the three months ending August 31, 2026, about $153 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