Wanda, MN 56294 housing market
Data through Sep 2026 · Seller's market · leverage 14
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Buyer Leverage Score
14
Jul 2024
Months of Supply
3.1 months
Dec 2018
Days on Market
13 days
Sep 2026
Price Cut %
0.0%
Sep 2026
Sale-to-List Ratio
92.3%
Sep 2024
Expected Disaster Loss
$108
Dec 2025
What this means
- Supply. Listings are 100% below the 2017-19 norm and falling (−100% vs. a year ago): still a tight market.
- Negotiating. Buyer leverage is low (14/100; U.S.: 54) (as of Jul 2024): homes sell for about 7.7% below their final list price (as of Sep 2024); 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $108 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
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Other ZIP codes in Redwood County, MN
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Redwood Falls, MN 56283 | $199.2K | +6.2% | 44 |
| Franklin, MN 56266 | $187.6K | +6.3% | 46 |
| Wabasso, MN 56152 | $167K | +7.1% | 5 |
| Walnut Grove, MN 56180 | $163.9K | +9.0% | 69 |
| Wabasso, MN 56293 | – | – | 25 |
| Springfield, MN 56083 | $213.5K | +9.1% | 12 |
| Belview, MN 56214 | – | – | 34 |
| Vesta, MN 56292 | $189.2K | +13.4% | 95 |
| Milroy, MN 56263 | – | – | 6 |
| Lucan, MN 56255 | – | – | 9 |
| Clements, MN 56224 | – | – | 31 |
| Revere, MN 56166 | – | – | 91 |
| Seaforth, MN 56287 | – | – | 15 |