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WINNEBAGO, MN 56098

Real Estate Market Report  ·  Faribault County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The WINNEBAGO, MN real estate market (56098) currently shows 8 active listings, with 4 pending sales. Homes are averaging 39 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 selling faster, averaging 39 days on market compared to 76 days last year.

The median listing price has fallen 55.2% year-over-year, from $334,450 to $149,950.

Whether you are buying or selling in WINNEBAGO, 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: 1,964  ·  Density: 6.7/mi²  ·  Median household income: $69,091

Typical home value: $124,145  ·  Homeownership: 82.4%

Market Overview

Active Listings
8
⇧ 300% vs 2 last year
Pending
4
50% pending ratio
Median Price
$149,950
⇩ 55.2% vs $334,450 last year
Average Price
$143,975
⇩ 54% vs $312,933 last year
Days on Market
39
⇩ 48.7% vs 76 days last year

Price Per Square Foot

Median $/sqft
$68
⇩ 52.4% vs $143/sqft last year
Median Home Size
2,355 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 2 last year
  • Days on market: 39 now vs 76 last year

Median & Average Pricing

Year over Year
  • Median: $149,950 (-55.2% YoY)
  • Average: $143,975 (-54% 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 26.1 miles — 55 listings ($9,274,116 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56098Winnebago, MN 560980.0 mi10$1,411,830$138,800$141,183
56010Amboy, MN 560108.0 mi1$209,900$209,900$209,900
56039Granada, MN 5603910.4 mi3$408,600$139,900$136,200
56090Vernon Center, MN 5609012.8 mi2$450,000$225,000$225,000
56025Easton, MN 5602513.9 mi1$99,900$99,900$99,900
56065Mapleton, MN 5606517.2 mi8$1,853,832$149,900$231,729
56027Elmore, MN 5602718.0 mi4$520,000$130,000$130,000
56033Frost, MN 5603319.6 mi4$289,868$39,900$72,467
56062Madelia, MN 5606222.0 mi5$1,374,500$309,900$274,900
56014Bricelyn, MN 5601422.4 mi2$249,000$124,500$124,500
56097Wells, MN 5609723.7 mi12$1,978,236$169,150$164,853
56162Ormsby, MN 5616224.4 mi1$48,500$48,500$48,500
56078Pemberton, MN 5607826.1 mi2$379,950$189,975$189,975

Frequently Asked Questions

How many homes are for sale in WINNEBAGO, MN 56098?

As of March 2026, there are 8 active listings in WINNEBAGO, MN (zip code 56098), compared to 2 the prior year.

What is the median home price in WINNEBAGO, MN 56098?

The median listing price in WINNEBAGO, MN 56098 is $149,950 as of March 2026, a 55.2% decrease from $334,450 the prior year.

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

Homes in WINNEBAGO, MN 56098 spend an average of 39 days on the market before going under contract, compared to 76 days the prior year.

Is it a seller's or buyer's market in WINNEBAGO, MN 56098?

Based on current inventory and days-on-market data as of March 2026, WINNEBAGO, MN 56098 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 39 days on market compared to 76 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WINNEBAGO, MN 56098 save an estimated $2,999 compared to a typical 5% commission on the median listing price of $149,950. 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.