Winnebago, MN housing market
The typical Winnebago home is worth about $177,000, up 9% in a year, 50% below the Minnesota typical home.
Home values, sales, trends and how Winnebago compares with the towns next door — updated as new data is published.
Winnebago at a glance
Typical home value, 2016–2026
Show as a table
| January | Winnebago | Minnesota |
|---|---|---|
| 2017 | $99,000 | $217,000 |
| 2018 | $105,000 | $232,000 |
| 2019 | $106,000 | $246,000 |
| 2020 | $108,000 | $259,000 |
| 2021 | $117,000 | $282,000 |
| 2022 | $137,000 | $313,000 |
| 2023 | $150,000 | $325,000 |
| 2024 | $150,000 | $331,000 |
| 2025 | $154,000 | $341,000 |
| 2026 | $169,000 | $349,000 |
| August 2026 | $177,000 | $351,000 |
1 new home permitted in 2025
Builders were permitted 1 new home in Winnebago in 2025. That's 0.8 per 1,000 residents, slower than across Minnesota (3.8). Over the past 10 years, Winnebago has permitted 1 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Winnebago's population fell by 46 and no new homes were permitted. Across Minnesota: 2.2 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 1 | 1 | 0 | $187,000 |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 2 | 2 | 0 | $193,000 |
| 2006 | 3 | 3 | 0 | $290,000 |
| 2005 | 3 | 3 | 0 | $290,000 |
| 2004 | 1 | 1 | 0 | $25,000 |
| 2003 | 1 | 1 | 0 | $128,000 |
| 2002 | 2 | 2 | 0 | $167,000 |
| 2001 | 1 | 1 | 0 | $160,000 |
| 2000 | 3 | 3 | 0 | $210,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
3 years of income
The typical Winnebago home costs about 3 years of the town's median household income, less than across Minnesota (3.9 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $990
HUD's Fair Market Rent for a two-bedroom in Winnebago is $990 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Winnebago pay a median of $713, so moving in tends to cost more than staying put. A two-bedroom takes about 20% of the town's median household income.
Studio $680 · 4 bedrooms $1,340
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56098; Faribault County, MN), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.