Housing in Nisswa, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$962,500

Median List Price

$460,950

Price Per Sq Ft

$347

Days on Market

28

Active Inventory

15

Months of Supply

7.5

Buyer's market

Zillow Home Value

$546,187

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 3.9%List Price 31.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

50.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

103.8%

Seller's market

Sold Above Asking
50.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
20.0%

Market Activity

Source: Redfin

Homes Sold

2

New Listings

4

Pending Sales

1

Homes Sold 33.3%New Listings 50.0%Pending 75.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$347

Median List $/SF

$261

Sale $/SF 9.4%List $/SF 20.2%Mar 24Jan 26

Nisswa vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Nisswa is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$475,700

Median Rent

$820

Total Housing Units

1,468

Vacancy Rate

47.1%

Owner Occupied

96.5%

Renter Occupied

3.5%

Median Property Tax

$4,004

per year

Monthly Cost (w/ Mortgage)

$1,367

Housing Types

Single Family
96.2%
Multi-Family
2.4%
Mobile Home
1.4%

The current median sale price in Nisswa, MN is $962,500 according to Redfin data. Homes spend a median of 28 days on the market. 50.0% of homes sold above asking price. The market has 7.5 months of supply. The median price per square foot is $347. The median rent is $820 per month (Census ACS). About 96.5% of housing units are owner-occupied. The median year homes were built is 1986. There are 1,468 total housing units.