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WARSAW, MN 55087

Real Estate Market Report
Seller's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The WARSAW, MN real estate market (55087) currently shows 1 active listings. Homes are averaging 29 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 29 days on market compared to 56 days last year.

The median listing price has fallen 25.8% year-over-year, from $137,500 to $102,000.

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Market Context

Market Context

Population: 414  ·  Density: 144.6/mi²  ·  Median household income: $121,979

Typical home value: $0  ·  Homeownership: 94.8%

Market Overview

Active Listings
1
⇩ 50% vs 2 last year
Pending
0
0% pending ratio
Median Price
$102,000
⇩ 25.8% vs $137,500 last year
Average Price
$102,000
⇩ 25.8% vs $137,500 last year
Days on Market
29
⇩ 48.2% vs 56 days last year

Price Per Square Foot

Median $/sqft
$86
⇩ 26.5% vs $117/sqft last year
Median Home Size
1,180 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 2 last year
  • Days on market: 29 now vs 56 last year

Median & Average Pricing

Year over Year
  • Median: $102,000 (-25.8% YoY)
  • Average: $102,000 (-25.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.9 miles — 314 listings ($150,328,780 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55052Morristown, MN 550521.7 mi6$2,768,148$489,950$461,358
55049Medford, MN 550499.3 mi4$1,139,800$269,900$284,950
56096Waterville, MN 560969.7 mi14$5,362,000$297,500$383,000
56069Montgomery, MN 5606914.3 mi30$11,591,070$376,100$386,369
55046Lonsdale, MN 5504614.3 mi21$11,502,309$372,500$547,729
55060Owatonna, MN 5506015.3 mi80$27,670,640$354,850$345,883
55053Nerstrand, MN 5505318.5 mi1$875,000$875,000$875,000
55057Northfield, MN 5505719.7 mi75$49,253,850$468,225$656,718
55088Webster, MN 5508820.1 mi5$3,543,375$708,675$708,675
56017Cleveland, MN 5601720.9 mi8$4,661,232$609,900$582,654
56071New Prague, MN 5607122.2 mi38$16,871,316$427,475$443,982
55054Elko New Market, MN 5505423.1 mi31$14,565,040$457,995$469,840
55924Claremont, MN 5592423.9 mi1$525,000$525,000$525,000

Frequently Asked Questions

How many homes are for sale in WARSAW, MN 55087?

As of September 2026, there are 1 active listings in WARSAW, MN (zip code 55087), compared to 2 the prior year.

What is the median home price in WARSAW, MN 55087?

The median listing price in WARSAW, MN 55087 is $102,000 as of September 2026, a 25.8% decrease from $137,500 the prior year.

How long do homes stay on the market in WARSAW, MN?

Homes in WARSAW, MN 55087 spend an average of 29 days on the market before going under contract, compared to 56 days the prior year.

Is it a seller's or buyer's market in WARSAW, MN 55087?

Based on current inventory and days-on-market data as of September 2026, WARSAW, MN 55087 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 29 days on market compared to 56 days last year.

How much can I save on real estate commission in WARSAW, MN?

With SELL123.com's maximum 3% commission, sellers in WARSAW, MN 55087 save an estimated $2,040 compared to a typical 5% commission on the median listing price of $102,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.