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Housing in Caledonia

36 homes sold in Caledonia in the last year, at a typical $219K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Caledonia homes are listed.

Homes sold
36
June 2025 to May 2026
Typical sale price
$219K
median, weighted by sales
Price per square foot
$143
Minnesota $190
Paid vs. asking
96%
17% sold over asking
For sale now
6
May 2026 · 6 sold that month
What sold · last 12 months

Houses are 92% of Caledonia’s sales, at a typical $225K

36 homes sold in the year to May 2026.

Houses$225K

typical sale · 33 sold in 12 months

Per square foot
$144MN $191
Days to sell
86
Sold over asking
18%
Listings with a price cut
26%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $105K
Townhouses: 2 sold, typical $188K

Too few sales in 12 months for reliable figures.

10 years of sales

About as many homes sell as usual, at 1.7 times the 2016 price

36 sales in the last year, against 44 in 2025 and a low of 25 in 2017. The typical sale went from $129K in 2016 to $219K.

Homes soldTypical sale price
012253750$75K$150K$225K$300K2015: 29 sold, typical $110K’152016: 37 sold, typical $129K2017: 25 sold, typical $106K’172019: 40 sold, typical $139K2020: 28 sold, typical $135K’202021: 37 sold, typical $169K2022: 41 sold, typical $177K’222023: 40 sold, typical $186K2024: 34 sold, typical $198K’242025: 44 sold, typical $214KLast 12 months: 36 sold, typical $219KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $200K buys in Caledonia

Houseat $144 a sq ft
The same money in Minnesotaat $191 a sq ft

Is this asking price fair?

Check a listing against what Caledonia homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 10 years of sales

Bidding wars in Caledonia are more common than before the pandemic, with about as many homes for sale

We read every month of Caledonia’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 36 sales.

If you’re buying in Caledonia

  • Shop in August. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (6% over asking).
  • You can negotiate. 27% of listings have cut their price, against 13% before the pandemic.
  • Offer under asking. Buyers paid 96% of the list price on average; 17% paid over.
  • You’ll usually have time. Only 21% of homes go under contract within two weeks; the typical one takes 76 days.
Best time to buy

Summer brings the homes; winter brings the bidding wars

August has the most new listings (about 4 a month), but February is the most competitive: 30% of February sales close over asking. August has the least competition (6%).

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 2 new listings a month, 15% sold over asking, 115 days to sellJFeb: 3 new listings a month, 30% sold over asking, 99 days to sellFMar: 4 new listings a month, 8% sold over asking, 128 days to sellMApr: 3 new listings a month, 29% sold over asking, 70 days to sellAMay: 4 new listings a month, 13% sold over asking, 74 days to sellMJun: 3 new listings a month, 27% sold over asking, 92 days to sellJJul: 4 new listings a month, 22% sold over asking, 82 days to sellJAug: 4 new listings a month, 6% sold over asking, 37 days to sellASep: 3 new listings a month, 18% sold over asking, 74 days to sellSOct: 3 new listings a month, 21% sold over asking, 73 days to sellONov: 2 new listings a month, 10% sold over asking, 83 days to sellNDec: 2 new listings a month, 7% sold over asking, 57 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than Minnesota

Caledonia now2017–192021 peakMN now
Sold over askingShare of sales that closed above the list price17%9%24%33%
Gone within two weeksShare of homes under contract within 14 days21%12%25%42%
Listings with a price cutShare of homes for sale that cut their price27%13%35%28%
Price paid vs. askingAverage sale price ÷ list price96%94%97.5%99.2%
Days to sellMedian days from listing to contract76984935
Supply

9 homes for sale on a typical day

That’s 1.5 times the 2021 low (6), 13% fewer than in 2017–19 and well under 2015’s 14.

2015: 14 for sale’152016: 12 for sale2017: 11 for sale2019: 11 for sale’192020: 9 for sale2021: 6 for sale2022: 6 for sale’222023: 7 for sale2024: 9 for sale2025: 11 for sale’25Last 12 months: 9 for saleNow
Room to negotiate

1 in 4 listings has cut its price

27% in the last year, against 13% in 2017–19 and 28% across Minnesota. More sellers are pricing high and coming down.

2015: 9%’152016: 10%2017: 9%2019: 16%’192020: 24%2021: 35%2022: 35%’222023: 35%2024: 26%2025: 23%’25Last 12 months: 27%Now

Source: Redfin Data Center, city market tracker, January 2015 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Caledonia home costs about $1,352 a month

Mortgage
Property tax
Insurance
Rent

Price: Caledonia’s typical sale, last 12 months. Property tax at Caledonia’s 1.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Caledonia is affordable on local pay is on Cost of living.

Before you buy in Caledonia

Six things worth knowing

4

New listings in August

The month with the most choice. December has the fewest, about 2.

Best time to buy
1.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $219K home, about $2,510 a year.

Taxes vs. neighbors
A

Schools

The schools grade for Caledonia, from test results, graduation and how much students grow.

Schools in Caledonia
25 min

Typical commute

The average one-way trip to work for people who live in Caledonia.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; French Island and Brice Prairie for far more

The busier markets within 25 miles of Caledonia, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
La Crosse562$259K$16549%12
Onalaska236$341K$17948%15
La Crescent62$336K$17344%16
Caledonia36$219K$14317%76
French Island33$285K$18455%9
Brice Prairie22$363K$20045%25

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Caledonia, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Caledonia. People who follow the town see it, and so do people comparing Caledonia with their own town. No commission, no listing fee.

Questions about buying a home in Caledonia

What do homes sell for in Caledonia, MN?

36 homes sold in the year to May 2026 at a typical $219K, $143 a square foot.

Is Caledonia a buyer’s or seller’s market?

A seller’s market: 6 homes were for sale in May 2026 and 6 sold, about 1 months of supply. Buyers paid 96% of asking on average, and 27% of listings cut their price.

When is the best time to buy in Caledonia?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Caledonia?

About 1.2% of a home’s value a year. On a $219K home that’s near $2,510.

Where can I see homes for sale in Caledonia?

Zillow, Redfin, Realtor.com and Homes.com all carry Caledonia’s MLS listings; the search links above open each one filtered to Caledonia.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).