Is Wanamingo, MN 55983 a buyer’s or seller’s market?

The Wanamingo housing market right now

In the three months ending August 31, 2026, 33% of homes in Wanamingo, MN 55983 sold above their list price, the typical home went under contract in 35 days and there were 3.2 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 rose from 17%, homes sold more slowly (32 days then) and the median sale price rose 2% to $329,807. Overall, Wanamingo is more competitive than a year ago, so tougher for buyers.

Within Goodhue County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell more often over asking than in 67%.

Nearby, buyers who want less competition could look at Welch 55089 (0% sold over asking) or Frontenac 55026 (0% sold over asking), while Dennison 55018 (50% sold over asking) and Goodhue 55027 (43% sold over asking) are even more competitive.