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Featured local agent — Nisswa, MN
Sarah Mitchell
Compass Real Estate · Nisswa, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Nisswa, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$775,000median sale price
How is the Nisswa, MN housing market right now?
The median home sale price in Nisswa, MN is $775,000, up 71.3% year-over-year. Homes sell in an average of 230 days with 15 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Nisswa a buyer's or seller's market?
Nisswa, MN is currently a leaning buyer's, based on 3.8 months of supply and homes selling in about 230 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
230
Average pace
Active listings
15
3.8 months supply
Sale-to-list
95.4%
Below asking
What does the Nisswa housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $775,000 |
| Median list price | $550,000 |
| Year-over-year price change | +71.3% |
| Average days on market | 230 days |
| Active inventory | 15 listings |
| Months of supply | 3.8 months |
| Sale-to-list price ratio | 95.4% |
| Median price per sq ft | $342/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 11 |
| Listings with a price cut | 20.0% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Nisswa by property type?
How the Nisswa, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $775,000 | $342/sq ft | 4 | 230 days |
| Townhouse | $309,000 | $221/sq ft | 1 | 8 days |
Source: Redfin · Updated monthly
The Nisswa housing market is currently classified as a leaning buyer's with a median sale price of $775,000. Prices have risen 71.3% compared to last year, with homes spending an average of 230 days on market, indicating 3.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.9x provides context for how home values compare to local earning capacity.
Homes for sale in Nisswa
There are currently 15 homes listed for sale in Nisswa, Minnesota. The median listing price is $550K.
Active listings
15
Homes on market
Median list price
$550K
Avg. days on market
230
Days until sale
New this week
11
Newly listed
Who lives in Nisswa?
Population
1,744
Median income
$100,167/yr
Median age
55.4 years
Owner-occupied
96.5%
College grads
50.6%
Avg commute
25.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Nisswa?
Zillow home value
$589,624
Price-to-income
5.9x
Source: Zillow Research
What is it like to live in Nisswa?
Nisswa is a community of approximately 2K residents with a median age of 55.4 years.The median household income is $100,167, which reflects a relatively affluent area with strong earning potential. 50.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 96.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Nisswa offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Nisswa?
1 schools tracked · 255 students
The largest public schools serving Nisswa, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
NISSWA ELEMENTARY
Grades PK-4 · 255 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Nisswa, MN?
Want a head-to-head view? Compare Nisswa side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Nisswa?
The median home sale price in Nisswa is $775,000, up 71.3% from last year.
How long do homes stay on market in Nisswa?
Homes typically spend 230 days on market before going under contract.
What is the median income in Nisswa?
The median household income is $100,167 per year.
Is Nisswa a buyer's or seller's market?
With 3.8 months of supply, Nisswa is currently a leaning buyer's.
What is the Zillow home value estimate for Nisswa?
The Zillow Home Value Index (ZHVI) for Nisswa is $589,624, representing the typical home value in the area.
How much does a single-family home cost in Nisswa?
The median single-family home price in Nisswa, MN is $775,000 (about $342 per square foot).
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