$3,245 Closing Credit*
$273,300
1,191 SqFt
2 Beds
•1 Full Bath
Listing Office: Edina Realty, Inc.
Is Winsted, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Winsted has remained a Seller's Market.
Key Takeaway
Winsted is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Winsted, MN
How much do homes in Winsted, MN cost?
Median Sold Price
$277,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,000(+2.6%)
Key Takeaway
Homes in Winsted have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Winsted was $277,000 in November 2024, up 2.6% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $250K | N/A |
| 2 Bedrooms | $200K | $239.2K | +19.6% |
| 3 Bedrooms | $262.5K | $253K | -3.6% |
| 4 Bedrooms | $299K | $359.9K | +20.4% |
| 5+ Bedrooms | - | $404.9K | N/A |
Summary: Winsted housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.6%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 20.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Winsted | $270K | $277K | +2.6% |
| Winsted Township | $287K | $273K | -4.9% |
Housing Supply in Winsted, MN
How many homes are available in Winsted, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Summary: The Winsted real estate market had 11 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Winsted housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Winsted, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Winsted in November 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Winsted, MN
How long does it take to sell a home in Winsted, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 20 Days | -43.4% |
Summary: Homes in Winsted had an average of 20 days on market in Nov 2024, down by 43.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Winsted are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Winsted; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
