Is Winona County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Winona County has remained a Seller's Market.
Key Takeaway
Winona County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Winona County, MN
How much do homes in Winona County, MN cost?
Median Sold Price
$230,993
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Winona County have sold for 12.8% more than they did a year ago.
Summary: The median home sold price in Winona County was $230,993 in March 2024, up 12.8% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $127K | -2.3% |
| 2 Bedrooms | $163K | $174.5K | +7.1% |
| 3 Bedrooms | $201.8K | $230K | +14.0% |
| 4 Bedrooms | $275K | $300K | +9.1% |
| 5+ Bedrooms | $271.9K | $320K | +17.7% |
Summary: Winona County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.3%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 17.7%.
Median Sold Price Compared To Nearby Counties
| Buffalo County | $175K | $235K | +34.3% |
| Winona County | $204.8K | $230.9K | +12.8% |
| La Crosse County | $270K | $290.9K | +7.7% |
| Fillmore County | $212.5K | $217.4K | +2.3% |
| Trempealeau County | $239.9K | $236.8K | -1.3% |
Housing Supply in Winona County, MN
How many homes are available in Winona County, MN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 85 | 100 | +17.6% |
Summary: The Winona County real estate market had 100 homes for sale in March 2024, a 17.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 13 | 13 | 0.0% |
| 3 Bedrooms | 42 | 49 | +16.7% |
| 4 Bedrooms | 19 | 26 | +36.8% |
| 5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The Winona County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 36.8%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 24 | +41.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Winona County, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in Winona County in March 2024, up by 41.2% month-over-month. Of the 24 sold homes, 38% were sold under asking, 29% were sold at asking, and 33% were sold over asking.
Days on Market for Winona County, MN
How long does it take to sell a home in Winona County, MN?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 63 Days | 47 Days | -25.0% |
Summary: Homes in Winona County had an average of 47 days on market in Mar 2024, down by 25% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Winona County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 24 homes were sold in Winona County; 54% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
