Is Minnesota City, MN 55959 a buyer’s or seller’s market?
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.
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.
Run the numbers for 55959
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 →Towns like Minnesota City nearby
Find towns like Minnesota City in other states →Where Minnesota City is
Loading map…
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.
Local agents
See all agents in 55959 →No sponsored agents in 55959 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 55959
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology