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2012-0814-WinstedCH-newPhoto: Bobak Ha'Eri · CC BY 3.0
Housing in Winsted

31 homes sold in Winsted in the last year, at a typical $262K

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 Winsted homes are listed.

Homes sold
31
June 2025 to May 2026
Typical sale price
$262K
median, weighted by sales
Price per square foot
$163
Minnesota $190
Paid vs. asking
99%
29% sold over asking
For sale now
8
May 2026 · 1 sold that month
What sold · last 12 months

Houses are 84% of Winsted’s sales, at a typical $269K

31 homes sold in the year to May 2026.

Houses$269K

typical sale · 26 sold in 12 months

Per square foot
$161MN $191
Days to sell
19
Sold over asking
35%
Listings with a price cut
46%
Fewer sales

Townhouses: 5 sold, typical $239K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than a decade ago, at twice the 2016 price

31 sales in the last year, against 45 in 2016 and a low of 24 in 2024. The typical sale went from $127K in 2016 to $262K.

Homes soldTypical sale price
012253750$75K$150K$225K$300K2012: 39 sold, typical $96K’122013: 37 sold, typical $90K2014: 40 sold, typical $124K’142015: 38 sold, typical $138K2016: 45 sold, typical $127K’162017: 34 sold, typical $151K2018: 39 sold, typical $165K’182019: 41 sold, typical $183K2020: 42 sold, typical $182K’202021: 39 sold, typical $210K2022: 38 sold, typical $244K’222023: 28 sold, typical $246K2024: 24 sold, typical $276K’242025: 34 sold, typical $280KLast 12 months: 31 sold, typical $262KNow

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

What your budget buys

What $250K buys in Winsted

Houseat $161 a sq ft
The same money in Minnesotaat $191 a sq ft

Is this asking price fair?

Check a listing against what Winsted 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 Winsted are back to pre-pandemic levels, with about as many homes for sale

We read every month of Winsted’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 May 2026, 31 sales.

If you’re buying in Winsted

  • Shop in March. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (25% over asking).
  • Some room to negotiate. 38% of listings cut their price, about as many as before the pandemic.
  • Bid near asking. Buyers paid 99% of the list price on average; 29% paid over.
  • Move fast on good ones. 56% of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

August has the most new listings (about 5 a month), but July is the most competitive: 49% of July sales close over asking. March offers nearly as much choice with fewer homes bid up (25%). January has the least competition (20%) but only about 2 new listings.

New listings a monthShare sold over asking
01.32.53.8520%40%60%Sweet spotJan: 2 new listings a month, 20% sold over asking, 72 days to sellJFeb: 3 new listings a month, 23% sold over asking, 41 days to sellFMar: 4 new listings a month, 25% sold over asking, 85 days to sellMApr: 4 new listings a month, 30% sold over asking, 61 days to sellAMay: 4 new listings a month, 41% sold over asking, 28 days to sellMJun: 4 new listings a month, 40% sold over asking, 25 days to sellJJul: 4 new listings a month, 49% sold over asking, 24 days to sellJAug: 5 new listings a month, 46% sold over asking, 35 days to sellASep: 3 new listings a month, 39% sold over asking, 22 days to sellSOct: 3 new listings a month, 29% sold over asking, 36 days to sellONov: 2 new listings a month, 40% sold over asking, 37 days to sellNDec: 2 new listings a month, 33% sold over asking, 56 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

Winsted now2017–192021 peakMN now
Sold over askingShare of sales that closed above the list price29%33%62%33%
Gone within two weeksShare of homes under contract within 14 days56%46%72%42%
Listings with a price cutShare of homes for sale that cut their price38%35%50%28%
Price paid vs. askingAverage sale price ÷ list price99%98.9%103.9%99.2%
Days to sellMedian days from listing to contract21382135
Supply

5 homes for sale on a typical day

That’s 1.7 times the 2021 low (3), 11% fewer than in 2017–19 and well under 2013’s 18.

2012: 16 for sale’122013: 18 for sale2014: 15 for sale2015: 13 for sale’152016: 6 for sale2017: 6 for sale2018: 6 for sale’182019: 5 for sale2020: 5 for sale2021: 3 for sale’212022: 3 for sale2023: 4 for sale2024: 3 for sale’242025: 4 for saleLast 12 months: 5 for saleNow
Room to negotiate

1 in 3 listings has cut its price

38% in the last year, against 35% in 2017–19 and 28% across Minnesota.

2015: 28%’152016: 44%2017: 37%2018: 38%’182019: 30%2020: 20%2021: 50%’212022: 41%2023: 44%2024: 28%’242025: 46%Last 12 months: 38%Now

Source: Redfin Data Center, city market tracker, January 2012 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 Winsted home costs about $1,629 a month

Mortgage
Property tax
Insurance
Rent

Price: Winsted’s typical sale, last 12 months. Property tax at Winsted’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 Winsted is affordable on local pay is on Cost of living.

Before you buy in Winsted

Six things worth knowing

5

New listings in August

The month with the most choice. January 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 $262K home, about $3,150 a year.

Taxes vs. neighbors
B+

Schools

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

Schools in Winsted
27 min

Typical commute

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

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

Lester Prairie sells for less a square foot

The busier markets within 25 miles of Winsted, 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
Montrose82$301K$16730%33
Watertown69$355K$17732%25
Waverly64$347K$19820%89
Mayer37$387K$19238%48
Howard Lake33$309K$18733%39
Winsted31$262K$16329%21
Lester Prairie23$281K$15422%36

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 Winsted, free

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

Questions about buying a home in Winsted

What do homes sell for in Winsted, MN?

31 homes sold in the year to May 2026 at a typical $262K, $163 a square foot.

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

A buyer’s market: 8 homes were for sale in May 2026 and 1 sold, about 8 months of supply. Buyers paid 99% of asking on average, and 38% of listings cut their price.

When is the best time to buy in Winsted?

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

How much are property taxes in Winsted?

About 1.2% of a home’s value a year. On a $262K home that’s near $3,150.

Where can I see homes for sale in Winsted?

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

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).