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Featured local agent — Winsted, MN
Sarah Mitchell
Compass Real Estate · Winsted, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Winsted, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$90,000median sale price
How is the Winsted, MN housing market right now?
The median home sale price in Winsted, MN is $90,000, down 67.3% year-over-year. Homes sell in an average of 8 days with 8 active listings. The market is currently a buyer'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 Winsted a buyer's or seller's market?
Winsted, MN is currently a buyer's market, based on 8.0 months of supply and homes selling in about 8 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
8
Fast-moving
Active listings
8
8.0 months supply
Sale-to-list
90.9%
Below asking
What does the Winsted housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $90,000 |
| Median list price | $325,000 |
| Year-over-year price change | -67.3% |
| Average days on market | 8 days |
| Active inventory | 8 listings |
| Months of supply | 8.0 months |
| Sale-to-list price ratio | 90.9% |
| Median price per sq ft | $61/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 5 |
| Listings with a price cut | 37.5% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Winsted by property type?
How the Winsted, 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 | $90,000 | $61/sq ft | 1 | 8 days |
Source: Redfin · Updated monthly
The Winsted housing market is currently classified as a buyer's market with a median sale price of $90,000. Prices have fallen 67.3% compared to last year, with homes spending an average of 8 days on market, indicating 8.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 4.1x provides context for how home values compare to local earning capacity.
Homes for sale in Winsted
There are currently 8 homes listed for sale in Winsted, Minnesota. The median listing price is $325K.
Active listings
8
Homes on market
Median list price
$325K
Avg. days on market
8
Days until sale
New this week
5
Newly listed
Who lives in Winsted?
Population
2,023
Median income
$70,208/yr
Median age
46.3 years
Owner-occupied
74.9%
College grads
14.3%
Avg commute
30 min
Source: U.S. Census Bureau ACS
What are homes worth in Winsted?
Zillow home value
$291,154
Price-to-income
4.1x
Source: Zillow Research
What is it like to live in Winsted?
Winsted is a community of approximately 2K residents with a median age of 46.3 years.The median household income is $70,208, which represents a working-class community with solid middle-income opportunities. 14.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 74.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 30 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Winsted offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Winsted?
2 schools tracked · 222 students
The largest public schools serving Winsted, 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.
WINSTED ELEMENTARY
Grades PK-4 · 199 students
HOWARD LAKE WAVERLY WINSTED ECSE
Grades PK · 23 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 Winsted, MN?
Want a head-to-head view? Compare Winsted side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Winsted?
The median home sale price in Winsted is $90,000, down 67.3% from last year.
How long do homes stay on market in Winsted?
Homes typically spend 8 days on market before going under contract.
What is the median income in Winsted?
The median household income is $70,208 per year.
Is Winsted a buyer's or seller's market?
With 8.0 months of supply, Winsted is currently a buyer's market.
What is the Zillow home value estimate for Winsted?
The Zillow Home Value Index (ZHVI) for Winsted is $291,154, representing the typical home value in the area.
How much does a single-family home cost in Winsted?
The median single-family home price in Winsted, MN is $90,000 (about $61 per square foot).
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