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Featured local agent — Winona, MN
Sarah Mitchell
Compass Real Estate · Winona, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Winona, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$250,000median sale price
How is the Winona, MN housing market right now?
The median home sale price in Winona, MN is $250,000, up 13.8% year-over-year. Homes sell in an average of 6 days with 33 active listings. The market is currently a strong seller's market. (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 Winona a buyer's or seller's market?
Winona, MN is currently a strong seller's market, based on 1.1 months of supply and homes selling in about 6 days. How we determine this →
Homes sold
31
Last 12 weeks
Days on market
6
Fast-moving
Active listings
33
1.1 months supply
Sale-to-list
103.1%
Above asking
What does the Winona housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $250,000 |
| Median list price | $249,825 |
| Year-over-year price change | +13.8% |
| Average days on market | 6 days |
| Active inventory | 33 listings |
| Months of supply | 1.1 months |
| Sale-to-list price ratio | 103.1% |
| Median price per sq ft | $171/sq ft |
| Homes sold (latest month) | 31 |
| New listings (latest month) | 30 |
| Listings with a price cut | 39.4% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Winona by property type?
How the Winona, 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 | $243,000 | $175/sq ft | 27 | 8 days |
| Townhouse | $289,000 | $151/sq ft | 4 | 3 days |
Source: Redfin · Updated monthly
The Winona housing market is currently classified as a strong seller's market with a median sale price of $250,000. Prices have risen 13.8% compared to last year, with homes spending an average of 6 days on market, indicating 1.1 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 4.7x provides context for how home values compare to local earning capacity.
Homes for sale in Winona
There are currently 33 homes listed for sale in Winona, Minnesota. The median listing price is $250K.
Active listings
33
Homes on market
Median list price
$250K
Avg. days on market
6
Days until sale
New this week
30
Newly listed
Who lives in Winona?
Population
25,998
Median income
$56,163/yr
Median age
31.6 years
Owner-occupied
57.6%
College grads
34.8%
Avg commute
14.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Winona?
Zillow home value
$264,050
Zillow rent index
$1,171/mo
Price-to-rent ratio
18.8x
Price-to-income
4.7x
Source: Zillow Research
What is it like to live in Winona?
Winona is a community of approximately 26K residents with a median age of 31.6 years.The median household income is $56,163, which represents a working-class community with solid middle-income opportunities. 34.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 57.6%, showing a blend of owner and renter-occupied properties. The average commute time is 14.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Winona offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Winona?
12 schools tracked · 2,839 students
The largest public schools serving Winona, 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.
WINONA SENIOR HIGH
Grades 9-12 · 859 students
WINONA MIDDLE
Grades 5-8 · 637 students
JEFFERSON ELEMENTARY
Grades K-4 · 324 students
WASHINGTON-KOSCIUSKO ELEMENTARY
Grades PK-4 · 269 students
BLUFFVIEW MONTESSORI
Grades K-8 · 214 students
GOODVIEW ELEMENTARY
Grades K-4 · 190 students
WINONA AREA LEARNING CENTER
Grades 5-12 · 83 students
RIVERWAY SECONDARY
Grades 7-12 · 68 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 Winona, MN?
Want a head-to-head view? Compare Winona side-by-side with any other U.S. city using our market-comparison tool.
Is Winona a good real estate investment market?
For investors evaluating Winona, the price-to-rent ratio of 18.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 13.8% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Winona's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Winona's median home price.
Frequently asked questions
What is the average home price in Winona?
The median home sale price in Winona is $250,000, up 13.8% from last year.
How long do homes stay on market in Winona?
Homes typically spend 6 days on market before going under contract.
What is the median income in Winona?
The median household income is $56,163 per year.
Is Winona a buyer's or seller's market?
With 1.1 months of supply, Winona is currently a strong seller's market.
What is the Zillow home value estimate for Winona?
The Zillow Home Value Index (ZHVI) for Winona is $264,050, representing the typical home value in the area.
How much does a single-family home cost in Winona?
The median single-family home price in Winona, MN is $243,000 (about $175 per square foot).
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