Is Windom, MN 56101 a buyer’s or seller’s market?
Windom is a balanced market. With about 4.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 56% of U.S. ZIP codes, and #225 of 296 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Windom housing market right now
In the three months ending August 31, 2026, 26% of homes in Windom, MN 56101 sold above their list price, the typical home went under contract in 24 days and there were 4.7 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 20 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold faster (44 days then) and the median sale price rose 5% to $179,922. Overall, Windom is more competitive than a year ago, so tougher for buyers.
On our competition score, Windom ranks #225 of 296 MN ZIP codes with enough sales (score 55 out of 100).
Nearby, Westbrook 56183 (57% sold over asking) and Mountain Lake 56159 (29% sold over asking) are even more competitive.
Run the numbers for 56101
Nearby markets
Bingham Lake 56118 — /sq ftJeffers 56145 — /sq ftMountain Lake 56159Balanced $96 /sq ftWestbrook 56183Balanced $109 /sq ft Browse all markets →Towns like Windom nearby
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Questions about Windom real estate
Is Windom a buyer’s or seller’s market?
A balanced market: there were 4.7 months of supply in Windom, MN 56101 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 Windom?
The typical home went under contract in 24 days in the latest three months.
Do homes in Windom sell over asking?
26% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.
What are property taxes in Windom?
About 1.05% of a home’s value a year in Cottonwood County, or roughly $4,200 on a $400,000 home.
What is the median home price in Windom?
The median sale price was $179,922 in the three months ending August 31, 2026, about $117 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