Is Winona, MN 55987 a buyer’s or seller’s market?

The Winona housing market right now

In the three months ending August 31, 2026, 40% of homes in Winona, MN 55987 sold above their list price, the typical home went under contract in 15 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 112 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (39% then), homes sold faster (18 days then) and the median sale price rose 13% to $269,333. Overall, Winona is about as competitive as it was a year ago.

Within Winona County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Winona ranks #34 of 296 MN ZIP codes with enough sales (score 84 out of 100).

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.