Market Intelligence Report — MN-100

Winona, MN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MN-09
As of the latest 2026 data
Stabilizing

Median Listing

$350K
+8.4% YoY

Pending Ratio

0.50
-26.0% YoY

Active Inventory

94
+58.5% YoY

Median DOM

43 Days
-6.6% YoY

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The Winona market currently exhibits stabilizing conditions, with a pending ratio of 0.50 indicating a balanced pace of demand absorption relative to inventory. While active listings have increased significantly by 58.5% year-over-year, median listing price growth remains positive at 8.4% year-over-year.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Winona market right now.

Inventory levels have expanded substantially, with active listings rising by 58.5% over the past year. New listings also saw an 11.8% increase year-over-year. Despite this growth in supply, the median listing price shows an 8.4% annual appreciation. The pending ratio, however, declined by 26.0% year-over-year, suggesting a moderation in demand absorption compared to prior periods.

Historical Analysis

Market Trends

Median Price

$350K-7.2% MoM

Active Inventory

94+58.5% YoY

Days on Market

43-6.6% YoY

Sold Score™

64-26.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

64
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio at 0.50, the current environment points to a more balanced dynamic between supply and demand. The increase in active listings may offer more selection, moderating the rapid pace of previous periods. Buyers may find increased negotiating leverage as inventory expands, requiring sellers to maintain price discipline.

Luxury Segment

The average listing price increased by 1.6% year-over-year, which is less than the 8.4% annual rise in the median listing price. This indicates some divergence between price trends at the higher end of the market and the broader segment. However, the median $/sqft remained nearly flat with a 0.1% year-over-year change.

Supply Dynamics

94 active listings represent the current floor, with new supply arriving at roughly 38 per month.

Pricing Pressure
18.6%

of active listings carry a price reduction, -7.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.1% year-over-year.

Absorption
0.50

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Winona, MN? Homes here are taking 3 days less to sell than last year.

Winona, MN is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
50%
Median Days on Market
43 days
Inventory YoY
+58%

Winona, MN is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Winona, MN
CBSA Code
49100
State
MN
Analysis FAQ
  • What is the current market condition in Winona?+

    As of the latest 2026 data, the Winona metro is classified as Stabilizing. Pending ratio is 0.50 with median days on market at 43.

  • Are home prices dropping in Winona?+

    Median listing price is $350K, +8.4% year over year. 18.6% of active listings carry a price reduction.

  • How fast are homes selling in Winona?+

    The typical listing sits 43 days on market, a -6.6% change YoY. New listings are arriving at 38 per month.

  • What's happening in the Winona luxury market?+

    The average listing price increased by 1.6% year-over-year, which is less than the 8.4% annual rise in the median listing price. This indicates some divergence between price trends at the higher end of the market and the broader segment. However, the median $/sqft remained nearly flat with a 0.1% year-over-year change.

  • Where can I find a trusted Winona real estate expert?+

    Primpted maintains a vetted registry of Winona agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 49100 · 36mo history