Housing · Winsted

Winsted, MN housing market

The median sale price was $90,000 in May 2026.

Home values, sales, trends and how Winsted compares with the towns next door — updated as new data is published.

The market right now

Winsted at a glance

Median sale price
$90K
May 2026 · Redfin
Homes sold
1
in May · 8 for sale

Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Price trend

Home prices up 55% in 5 years

The federal house price index for the ZIP code around Winsted rose 55% over the past 5 years, faster than across Minnesota (37%). Last year prices rose 6.4%. Carrying the Census median home value forward with that index puts the typical Winsted home at roughly $342,000 today.

Past year
+6.4%
Minnesota: +2.8%
Past 5 years
+55%
Minnesota: +37%
Past 10 years
+103%
Minnesota: +71%
Estimated value
$342K
Census median, carried to 2025
Winsted areaMinnesota
0%+50%+100%+150% 200020052010201520202025 2000: 0% since 20002001: +8.8% since 2000 · +8.8% that year2002: +18% since 2000 · +8.6% that year2003: +26% since 2000 · +6.9% that year2004: +36% since 2000 · +7.4% that year2005: +50% since 2000 · +10% that year2006: +50% since 2000 · +0.5% that year2007: +43% since 2000 · −5.1% that year2008: +34% since 2000 · −6.1% that year2009: +23% since 2000 · −8.1% that year2010: +17% since 2000 · −4.7% that year2011: +0.7% since 2000 · −14% that year2012: +7.6% since 2000 · +6.8% that year2013: +8.1% since 2000 · +0.6% that year2014: +18% since 2000 · +8.9% that year2015: +19% since 2000 · +0.8% that year2016: +29% since 2000 · +8.6% that year2017: +36% since 2000 · +5.4% that year2018: +42% since 2000 · +4.7% that year2019: +48% since 2000 · +4.1% that year2020: +56% since 2000 · +5.2% that year2021: +69% since 2000 · +8.1% that year2022: +98% since 2000 · +18% that year2023: +120% since 2000 · +11% that year2024: +127% since 2000 · +2.9% that year2025: +141% since 2000 · +6.4% that year Winsted +141%
Show as a table
YearChange that yearSince 2000Minnesota since 2000
2025+6.4%+141%+127%
2024+2.9%+127%+120%
2023+11%+120%+113%
2022+18%+98%+104%
2021+8.1%+69%+82%
2020+5.2%+56%+66%
2019+4.1%+48%+61%
2018+4.7%+42%+55%
2017+5.4%+36%+46%
2016+8.6%+29%+38%
2015+0.8%+19%+32%
2014+8.9%+18%+28%
2013+0.6%+8.1%+21%
2012+6.8%+7.6%+16%
2011−14%+0.7%+18%
2010−4.7%+17%+25%
2009−8.1%+23%+33%
2008−6.1%+34%+42%
2007−5.1%+43%+48%
2006+0.5%+50%+49%
2005+10%+50%+45%
2004+7.4%+36%+34%
2003+6.9%+26%+23%
2002+8.6%+18%+18%
2001+8.8%+8.8%+9.2%
2000———

Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 55395, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.

New construction

63 new homes permitted in 2025

Builders were permitted 63 new homes in Winsted in 2025: 1 single-family house and 62 in buildings with two or more homes, worth about $9.9 million to build. That's 29 per 1,000 residents, faster than across Minnesota (3.8). Over the past 10 years, Winsted has permitted 82 homes in all.

New homes, 2025
63
1 in 2024
2026 so far
38
Jan–Aug
Per 1,000 residents
29
Minnesota: 3.8
Single-family
2%
62 in 2 apartment buildings
Single-familyTwo or more homes per building2026 so far
020406080 2000: 35 homes (19 single-family, 16 in buildings with 2+ homes) 2000 2001: 43 homes 2002: 14 homes 2003: 42 homes 2004: 17 homes 2005: 16 homes 2005 2006: 19 homes 2007: 2 homes 2008: 2 homes 2009: 1 home 2010: 0 homes 2010 2011: 0 homes 2012: 0 homes 2013: 1 home 2014: 0 homes 2015: 2 homes 2015 2016: 2 homes 2017: 0 homes 2018: 0 homes 2019: 6 homes 2020: 1 home 2020 2021: 4 homes 2022: 1 home 2023: 4 homes 2024: 1 home 2025: 63 homes (1 single-family, 62 in buildings with 2+ homes) 2025 2026 so far: 38 homes (0 single-family, 38 in buildings with 2+ homes)

Homes vs. people, 2010–2020

Residents−115
New homes+11

Between the 2010 and 2020 censuses, Winsted's population fell by 115 even though 11 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. 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
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)38038$5.6 million
202563162$9.9 million
2024110$400,000
2023440$1.4 million
2022110$1.2 million
2021440$1.2 million
2020110$294,000
2019660$1.4 million
2018000—
2017000—
2016220$933,000
2015220$933,000
2014000—
2013110$237,000
2012000—
2011000—
2010000—
2009110$171,000
2008220$365,000
2007220$365,000
200619190$2.7 million
200516160$2.5 million
200417170$2.7 million
200342420$6.2 million
200214140$1.9 million
200143430$4.4 million
2000351916$2.4 million

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Affordability

3 years of income

The typical Winsted 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.

The homes

Owners, rent & taxes

Homeownership
79%
Minnesota: 72.2%
Median tax bill
$2,425
Minnesota: $3,357
Median rent
$834
Minnesota: $1,280
Typical home built
1972
Minnesota: 1979

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,520

HUD's Fair Market Rent for a two-bedroom in Winsted is $1,520 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Winsted pay a median of $834, so moving in tends to cost more than staying put. A two-bedroom takes about 27% of the town's median household income.

1 bedroom
$1,250
a month, with utilities
2 bedrooms
$1,520
a month, with utilities
3 bedrooms
$2,020
a month, with utilities
Share of income
27%
2 bedrooms ÷ median income

Studio $1,100 · 4 bedrooms $2,270

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55395; Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area), 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. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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