Armstrong, W. J., Company Wholesale Grocers · Photo: Jatakuck · CC BY-SA 3.0110 homes sold in Waseca in the last year, at a typical $235K
Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Waseca homes are listed.
Every place Waseca homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Waseca.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 0% of Waseca’s sales, at a typical — (year to May 2026)
110 homes sold in the year to September 2026.
About as many homes sell as usual, at twice the 2016 price
110 sales in the last year, against 168 in 2019 and a low of 65 in 2012. The typical sale went from $112K in 2016 to $235K.
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.
Bidding wars in Waseca are more common than before the pandemic, but half fewer homes come up for sale
We read every month of Waseca’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, 110 sales.
If you’re buying in Waseca
- Shop in April. It brings about 12 new listings a month, close to the busiest month, with fewer bidding wars (24% over asking).
- Bid near asking. Buyers paid 98.7% of the list price on average; 31% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Summer brings the homes; fall brings the bidding wars
July has the most new listings (about 15 a month), but October is the most competitive: 35% of October sales close over asking. April and May offer nearly as much choice with fewer homes bid up (24%). February has the least competition (22%) but only about 8 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Minnesota as a whole
| Waseca now | 2017–19 | 2021 peak | MN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 31% | 21% | 47% | 29% |
| Gone within two weeksShare of homes under contract within 14 days | 49% | 26% | 48% | 40% |
| Price paid vs. askingAverage sale price ÷ list price | 98.7% | 96.9% | 100.4% | 99% |
| Days to sellMedian days from listing to contract | 23 | 55 | 26 | 38 |
17 homes for sale on a typical day
That’s 1.4 times the 2022 low (12), 54% fewer than in 2017–19 and well under 2013’s 64.
Waseca ranks 81st of 165 busy Minnesota markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Waseca 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.
Owning the typical Waseca home costs about $1,500 a month
Price: Waseca’s typical sale, last 12 months. Property tax at Waseca’s 1.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Waseca is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. February has the fewest, about 8.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $235K home, about $3,290 a year.
Taxes vs. neighborsSchools
The schools grade for Waseca, from test results, graduation and how much students grow.
Schools in WasecaCheck 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 hazardsLook 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.
New Richland sells for less a square foot
The busier markets within 25 miles of Waseca, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Owatonna | 366 | $277K | $154 | 32% | 32 |
| Faribault | 254 | $276K | $155 | 28% | 38 |
| Waseca | 110 | $235K | $145 | 31% | 23 |
| Waterville | 37 | $227K | $156 | 21% | 45 |
| Janesville | 32 | $284K | $155 | 27% | 26 |
| Madison Lake | 32 | $329K | $181 | 24% | 58 |
| New Richland | 22 | $186K | $123 | 30% | 42 |
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.
Post your home to Waseca, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Waseca. People who follow the town see it, and so do people comparing Waseca with their own town. No commission, no listing fee.
Questions about buying a home in Waseca
What do homes sell for in Waseca, MN?
110 homes sold in the year to September 2026 at a typical $235K, $145 a square foot.
Is Waseca a buyer’s or seller’s market?
A seller’s market: 21 homes were for sale in September 2026 and 11 sold, about 1.9 months of supply. Buyers paid 98.7% of asking on average.
When is the best time to buy in Waseca?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Waseca?
About 1.4% of a home’s value a year. On a $235K home that’s near $3,290.
Where can I see homes for sale in Waseca?
Zillow, Redfin, Realtor.com and Homes.com all carry Waseca’s MLS listings; the search links above open each one filtered to Waseca.
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).