Is Zumbrota, MN 55992 a buyer’s or seller’s market?

The Zumbrota housing market right now

In the three months ending August 31, 2026, 26% of homes in Zumbrota, MN 55992 sold above their list price, the typical home went under contract in 29 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 28 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold more slowly (24 days then) and the median sale price fell 11% to $324,809. Overall, Zumbrota is less competitive than a year ago, which gives buyers more room.

Within Goodhue County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Zumbrota ranks #212 of 296 MN ZIP codes with enough sales (score 57 out of 100).

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.