Is Kasota, MN 56050 a buyer’s or seller’s market?
Kasota is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Kasota housing market right now
In the three months ending August 31, 2026, 0% of homes in Kasota, MN 56050 sold above their list price, the typical home went under contract in 11 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 5 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 67%, homes sold faster (32 days then) and the median sale price rose 4% to $434,712. Overall, Kasota is less competitive than a year ago, which gives buyers more room.
Within Le Sueur County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Le Sueur 56058 (32% sold over asking) and Waterville 56096 (29% sold over asking) are even more competitive.
Run the numbers for 56050
Nearby markets
Cleveland 56017Seller’s market $211 /sq ftElysian 56028Balanced $253 /sq ftKilkenny 56052Seller’s market $200 /sq ftLe Center 56057Seller’s market $161 /sq ft Browse all markets →Towns like Kasota nearby
Find towns like Kasota in other states →Where Kasota is
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Questions about Kasota real estate
Is Kasota a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Kasota, MN 56050 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 Kasota?
The typical home went under contract in 11 days in the latest three months.
Do homes in Kasota sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 93.6% of the list price.
What are property taxes in Kasota?
About 1.06% of a home’s value a year in Le Sueur County, or roughly $4,240 on a $400,000 home.
What is the median home price in Kasota?
The median sale price was $434,712 in the three months ending August 31, 2026, about $211 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