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Housing in Nisswa

61 homes sold in Nisswa in the last year, at a typical $621K

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 Nisswa homes are listed.

Homes sold
61
October 2025 to September 2026
Typical sale price
$621K
median, weighted by sales
Price per square foot
$304
Minnesota $189
Paid vs. asking
99.8%
25% sold over asking
For sale now
35
September 2026 · 6 sold that month
What sold · last 12 months

Houses are 94% of Nisswa’s sales, at a typical $651K (year to May 2026)

61 homes sold in the year to September 2026.

Houses$651K

typical sale · 58 sold in the year to May 2026

Per square foot
$323MN $191
Days to sell
54
Sold over asking
26%
Listings with a price cut
16%
Fewer sales

Townhouses: 4 sold, typical $457K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2021, at twice the 2016 price

61 sales in the last year, against 121 in 2020 and a low of 57 in 2024. The typical sale went from $296K in 2016 to $621K.

Homes soldTypical sale price
03775112150$325K$450K$575K$700K2012: 75 sold, typical $278K’122013: 69 sold, typical $347K2014: 69 sold, typical $297K’142015: 85 sold, typical $352K2016: 80 sold, typical $296K’162017: 76 sold, typical $368K2018: 83 sold, typical $380K’182019: 92 sold, typical $374K2020: 121 sold, typical $461K’202021: 83 sold, typical $416K2022: 65 sold, typical $583K’222023: 65 sold, typical $605K2024: 57 sold, typical $563K’242025: 57 sold, typical $625KLast 12 months: 61 sold, typical $621KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $600K buys in Nisswa

Houseat $323 a sq ft, year to May 2026
The same money in Minnesotaat $191 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Nisswa 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 · 14 years of sales

Bidding wars in Nisswa are more common than before the pandemic, but 40% fewer homes come up for sale

We read every month of Nisswa’s home sales since 2012 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 September 2026, 61 sales.

If you’re buying in Nisswa

  • Shop in March. It brings about 11 new listings a month, close to the busiest month, with fewer bidding wars (10% over asking).
  • Bid near asking. Buyers paid 99.8% of the list price on average; 25% paid over.
  • Move fast on good ones. 60% of homes are under contract within two weeks.
Best time to buy

Summer brings the homes; fall brings the bidding wars

June has the most new listings (about 12 a month), but October is the most competitive: 33% of October sales close over asking. March offers nearly as much choice with fewer homes bid up (10%). December has the least competition (10%) but only about 2 new listings.

New listings a monthShare sold over asking
03.87.511.31513%27%40%Sweet spotJan: 4 new listings a month, 16% sold over asking, 53 days to sellJFeb: 8 new listings a month, 15% sold over asking, 226 days to sellFMar: 11 new listings a month, 10% sold over asking, 118 days to sellMApr: 9 new listings a month, 13% sold over asking, 66 days to sellAMay: 12 new listings a month, 21% sold over asking, 54 days to sellMJun: 12 new listings a month, 28% sold over asking, 53 days to sellJJul: 11 new listings a month, 21% sold over asking, 42 days to sellJAug: 12 new listings a month, 27% sold over asking, 59 days to sellASep: 7 new listings a month, 22% sold over asking, 60 days to sellSOct: 7 new listings a month, 33% sold over asking, 41 days to sellONov: 4 new listings a month, 16% sold over asking, 90 days to sellNDec: 2 new listings a month, 10% sold over asking, 69 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Minnesota as a whole

Nisswa now2017–192021 peakMN now
Sold over askingShare of sales that closed above the list price25%14%46%29%
Gone within two weeksShare of homes under contract within 14 days60%28%55%40%
Price paid vs. askingAverage sale price ÷ list price99.8%96.5%100.8%99%
Days to sellMedian days from listing to contract43823038
Supply

22 homes for sale on a typical day

That’s twice the 2021 low (11), 40% fewer than in 2017–19 and well under 2012’s 63.

2012: 63 for sale’122013: 58 for sale2014: 59 for sale2015: 57 for sale’152016: 45 for sale2017: 36 for sale2018: 37 for sale’182019: 39 for sale2020: 26 for sale2021: 11 for sale’212022: 12 for sale2023: 16 for sale2024: 17 for sale’242025: 21 for saleLast 12 months: 22 for saleNow
Across Minnesota

Nisswa ranks 123rd of 165 busy Minnesota markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Nisswa is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Nisswa home costs about $3,629 a month

Mortgage
Property tax
Insurance
Rent

Price: Nisswa’s typical sale, last 12 months. Property tax at Nisswa’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Nisswa is affordable on local pay is on Cost of living.

Before you buy in Nisswa

Six things worth knowing

12

New listings in June

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

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $621K home, about $4,660 a year.

Taxes vs. neighbors
B+

Schools

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

Schools in Nisswa
22 min

Typical commute

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

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

Pequot Lakes, Breezy Point, Baxter and Brainerd sell for less a square foot; East Gull Lake for far more

The busier markets within 25 miles of Nisswa, 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
Brainerd230$248K$16427%40
Baxter139$370K$18225%34
Breezy Point77$400K$23010%50
Nisswa61$621K$30425%43
Pequot Lakes59$422K$27522%56
Lake Shore37$765K$34620%51
East Gull Lake24$1.4M$57318%39

Redfin Data Center, October 2025 to September 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 Nisswa, free

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

Questions about buying a home in Nisswa

What do homes sell for in Nisswa, MN?

61 homes sold in the year to September 2026 at a typical $621K, $304 a square foot.

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

A balanced market: 35 homes were for sale in September 2026 and 6 sold, about 5.8 months of supply. Buyers paid 99.8% of asking on average.

When is the best time to buy in Nisswa?

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

How much are property taxes in Nisswa?

About 0.8% of a home’s value a year. On a $621K home that’s near $4,660.

Where can I see homes for sale in Nisswa?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). 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).