Market Overview
Home Prices in Winnebago, MN
The median home value in Winnebago, MN is $176,703 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 11.3% compared to a year ago and up 3.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Winnebago are priced57% below average. Winnebago is part of the Fairmont, MN metro area.
Over the past five years, Winnebago home values have risen by approximately42.8%, reflecting strong long-term appreciation in this market.
Price History
Winnebago Home Price Trend
City Comparison
Winnebago vs. National Median
At $176,703, homes in Winnebago cost 57% below the national median of $410,000. This makes Winnebago a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Winnebago?
20% Down Payment
$35,341
on $176,703
Monthly P&I
$922/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,171/mo
incl. taxes & insurance
Income Needed
$46,840
gross annual (30% rule)
10% Down Option
$17,670
+ PMI applies
Loan Amount (20% dn)
$141,362
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Winnebago, MN?
The median home value in Winnebago is $176,703 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 11.3% year-over-year.
How much have home prices changed in Winnebago?
Over the past year, home values in Winnebago have increased by 11.3%. Over five years, prices have risen approximately 42.8%.
How much do I need to earn to buy a home in Winnebago?
To comfortably afford the median home price of $176,703 with a 20% down payment ($35,341) at today's rates (6.8%), you'd need a gross annual income of approximately $46,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Winnebago compare to the national average home price?
The national median home value is approximately $410,000. At $176,703, homes in Winnebago are 57% below the national average.
What metro area is Winnebago part of?
Winnebago is part of the Fairmont, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.