Is Waldorf, MN 56091 a buyer’s or seller’s market?
Waldorf is a seller’s market. With about 1.6 months of supply and 0% 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 Waldorf housing market right now
In the three months ending August 31, 2026, 0% of homes in Waldorf, MN 56091 sold above their list price, the typical home went under contract in 68 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 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 100%, homes sold more slowly (2 days then) and the median sale price fell 44% to $135,591. Overall, Waldorf is less competitive than a year ago, which gives buyers more room.
Nearby, Janesville 56048 (56% sold over asking) and New Richland 56072 (29% sold over asking) are even more competitive.
Run the numbers for 56091
Nearby markets
Janesville 56048Seller’s market $159 /sq ftNew Richland 56072Seller’s market $142 /sq ftWaseca 56093Seller’s market $144 /sq ft Browse all markets →Where Waldorf is
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Questions about Waldorf real estate
Is Waldorf a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Waldorf, MN 56091 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 Waldorf?
The typical home went under contract in 68 days in the latest three months.
Do homes in Waldorf sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.5% of the list price.
What are property taxes in Waldorf?
About 1.18% of a home’s value a year in Waseca County, or roughly $4,720 on a $400,000 home.
What is the median home price in Waldorf?
The median sale price was $135,591 in the three months ending August 31, 2026, about $108 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