Winsted, MN—55395
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Winsted, MN
As of Oct '25, the median home price in Winsted, MN is $286,000, with a year-over-year change of 4.3%. This indicates that home prices in Winsted, MN are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $286,000 | 4.3% |
| Single Family | $287,000 | 4.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $244,000 | 5.2% |
3 Bed | $281,000 | 4.9% |
4 Bed | $317,000 | 5.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Winsted, MN
As of July '25, Rentcast reports the average rent in Winsted, MN is $1,800, with a year-over-year rent change of 34.3%. Per bedroom, the median rent as of July '25 in Winsted, MN is 2-bedrooms: $1,800. The most common rental property sizes in Winsted, MN are 2-bedroom and 3-bedroom, accounting for 40.6% and 23.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,600 | $1,800 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Winsted, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Winsted, MN is 48. This is a decrease of -28.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 57.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $279,000 | -19.0% |
Listing Count | 7 | -7.0% |
| Listings as % of Homes | 0.3% | -7.0% |
Days on Market | 48 | -28.0% |
Demographics — Winsted, MN
As of the latest ACS Survey released in 2023, Winsted, MN has a population of 2,600, which has decreased by -10.3% over the past 5 years. Winsted, MN is a moderately popular place for families, as children make up 18.0% of the population. The area has a poorly educated workforce, with 15.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,600 | -10.3% |
% Under 18 | 18.0% | -33.3% |
% Seniors | 18.3% | 28.0% |
% WFH | 6.5% | -15.6% |
% w/ College Degree | 15.3% | -5.0% |
As of the latest ACS Survey released in 2023, Winsted, MN is a predominantly white area, with 92.0% of the population identifying as white. The white population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in Winsted, MN is hispanic, making up 2.5% of the population. Foreign-born residents account for 2.1% of the population in Winsted, MN, and this percentage has decreased by 32.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.0% | -2.9% |
% Black | 0.3% | 50.0% |
% Hispanic | 2.5% | -44.4% |
% Asian | 0.2% | ∞% |
% Foreign Born | 2.1% | -32.3% |
Mortgage and Risk — Winsted, MN
According to HUD data as of 2023, there were 96 mortgage originations in Winsted, MN, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Winsted, MN. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 96 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Winsted, MN
Winsted, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 41 |
Total Units Section 8 | 41 |
% Rentals under Section 8 | 16.9% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,200 |
| 2 Bedroom | -$140 | $1,600 | $1,460 |
| 3 Bedroom | N/A | N/A | $1,970 |
| 4 Bedroom | N/A | N/A | $2,240 |
Affordability — Winsted, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $286,000 |
| Median Household Income | $72,900 |