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WANAMINGO, MN 55983

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The WANAMINGO, MN real estate market (55983) currently shows 14 active listings, with 9 pending sales. Homes are averaging 160 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 160 days on market compared to 52 days last year.

The median listing price has risen 10.4% year-over-year, from $359,900 to $397,400.

Whether you are buying or selling in WANAMINGO, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 1,679  ·  Density: 17.2/mi²  ·  Median household income: $81,656

Typical home value: $246,746  ·  Homeownership: 79.4%

Market Overview

Active Listings
14
⇧ 75% vs 8 last year
Pending
9
64% pending ratio
Median Price
$397,400
⇧ 10.4% vs $359,900 last year
Average Price
$352,381
⇩ 1.1% vs $356,250 last year
Days on Market
160
⇧ 207.7% vs 52 days last year

Price Per Square Foot

Median $/sqft
$227
⇧ 7.1% vs $212/sqft last year
Median Home Size
1,565 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 14 this year vs 8 last year
  • Days on market: 160 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $397,400 (+10.4% YoY)
  • Average: $352,381 (-1.1% 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 23.1 miles — 374 listings ($165,051,110 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55983Wanamingo, MN 559830.0 mi13$4,165,356$322,425$320,412
55946Kenyon, MN 559467.8 mi12$2,862,108$283,550$238,509
55985West Concord, MN 5598510.5 mi10$4,174,540$406,250$417,454
55018Dennison, MN 5501812.4 mi1$1,375,000$1,375,000$1,375,000
55009Cannon Falls, MN 5500913.5 mi24$14,060,040$436,238$585,835
55955Mantorville, MN 5595514.3 mi5$2,356,125$471,225$471,225
55927Dodge Center, MN 5592718.2 mi12$4,473,312$317,500$372,776
55066Red Wing, MN 5506620.1 mi67$23,965,364$302,500$357,692
55924Claremont, MN 5592420.7 mi1$525,000$525,000$525,000
55901Rochester, MN 5590121.3 mi165$71,314,980$387,450$432,212
55920Byron, MN 5592021.5 mi55$32,911,120$478,800$598,384
55049Medford, MN 5504922.9 mi4$1,139,800$269,900$284,950
55031Hampton, MN 5503123.1 mi5$1,728,365$299,900$345,673

Frequently Asked Questions

How many homes are for sale in WANAMINGO, MN 55983?

As of March 2026, there are 14 active listings in WANAMINGO, MN (zip code 55983), compared to 8 the prior year.

What is the median home price in WANAMINGO, MN 55983?

The median listing price in WANAMINGO, MN 55983 is $397,400 as of March 2026, a 10.4% increase from $359,900 the prior year.

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

Homes in WANAMINGO, MN 55983 spend an average of 160 days on the market before going under contract, compared to 52 days the prior year.

Is it a seller's or buyer's market in WANAMINGO, MN 55983?

Based on current inventory and days-on-market data as of March 2026, WANAMINGO, MN 55983 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 160 days on market compared to 52 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WANAMINGO, MN 55983 save an estimated $7,948 compared to a typical 5% commission on the median listing price of $397,400. 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.