Winnebago, MN 56098 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Winnebago, MN—56098

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$168,000

9.4% YoY Growth

Household Income

$69,000

31.6% YoY Growth

Days on Market

55

1.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$800

5.6% YoY Growth

1-Bed Rent

$650

N/A

2-Bed Rent

$800

14.9% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Winnebago, MN

Winnebago, MN lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$168,000	9.4%
Single Family	$168,000	9.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Winnebago, MN

As of July '25, Rentcast reports the average rent in Winnebago, MN is $792, with a year-over-year rent change of 5.6%. Per bedroom, the median rent as of July '25 in Winnebago, MN is 1-bedrooms: $650, 2-bedrooms: $862. The most common rental property sizes in Winnebago, MN are 2-bedroom and 1-bedroom, accounting for 28.0% and 23.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$800	$792
Studio Rent	N/A	N/A
1 Bed Rent	$650	$650
2 Bed Rent	$800	$862
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

2.2%

1 Bedroom

23.1%

2 Bedrooms

28.0%

3 Bedrooms

21.0%

4 Bedrooms

20.4%

5+ Bedrooms

5.4%

Property Listings — Winnebago, MN

As of Dec '25, Realtor.com reports that the median days on market for a home in Winnebago, MN is 29. This is a increase of 61.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 44.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$189,000	-1.0%
Listing Count	10	108.0%
Listings as % of Homes	0.7%	108.0%
Days on Market	55	-1.0%

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Demographics — Winnebago, MN

As of the latest ACS Survey released in 2023, Winnebago, MN has a population of 1,950, which has decreased by -3.5% over the past 5 years. Winnebago, MN is a moderately popular place for families, as children make up 17.7% of the population. The area has a poorly educated workforce, with 17.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,950	-3.5%
% Under 18	17.7%	-10.6%
% Seniors	22.7%	8.1%
% WFH	5.4%	-19.4%
% w/ College Degree	17.8%	1.1%

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As of the latest ACS Survey released in 2023, Winnebago, MN is a predominantly white area, with 83.4% of the population identifying as white. The white population has shrunk by 10.0% in the last 5 years. The second most common race or ethnicity in Winnebago, MN is hispanic, making up 14.4% of the population. Foreign-born residents account for 2.5% of the population in Winnebago, MN, and this percentage has increased by 316.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	83.4%	-10.0%
% Black	0.3%	200.0%
% Hispanic	14.4%	125.0%
% Asian	0.0%	N/A
% Foreign Born	2.5%	316.7%

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Mortgage and Risk — Winnebago, MN

According to HUD data as of 2023, there were 23 mortgage originations in Winnebago, MN, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Winnebago, MN. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	23
% Conventional Loans	65.0%
% Government Loans	35.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Winnebago, MN

Winnebago, MN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	52
Total Units Section 8	52
% Rentals under Section 8	N/A
% Occupied Section 8	90.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$140	$650	$790
2 Bedroom	$190	$800	$990
3 Bedroom	N/A	N/A	$1,380
4 Bedroom	N/A	N/A	$1,390

Winnebago, MN—56098

Key Metrics at a Glance

Home Price Trends — Winnebago, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Winnebago, MN

% of Rental Stock

Property Listings — Winnebago, MN

Demographics — Winnebago, MN

Race and Ethnicity

Mortgage and Risk — Winnebago, MN

Mortgages

Rentals and Section 8 — Winnebago, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Winnebago, MN

Home Price to Income Ratio

Winnebago, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Amboy, MN

Blue Earth, MN

Granada, MN

Vernon Center, MN

Northrop

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.2
Median Home Price	$168,000
Median Household Income	$69,000

Winnebago, MN—56098

Key Metrics at a Glance

Home Price Trends — Winnebago, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Winnebago, MN

% of Rental Stock

Property Listings — Winnebago, MN

Demographics — Winnebago, MN

Race and Ethnicity

Mortgage and Risk — Winnebago, MN

Mortgages

Rentals and Section 8 — Winnebago, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Winnebago, MN

Home Price to Income Ratio

Winnebago, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Amboy, MN

Blue Earth, MN

Granada, MN

Vernon Center, MN

Northrop

Frequently Asked Questions

What is the average home price in Winnebago, MN 56098?

How have home prices in Winnebago, MN 56098 changed over the past year?

What is the home price projection for Winnebago, MN 56098?

What are the demographics of Winnebago, MN 56098?

How long does it take homes to sell in Winnebago, MN 56098?

What is the average rent price in Winnebago, MN 56098?