Steele County, MN Housing Market Brief
county · MN · score computed October 2026
What is Steele County, MN’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Population band 3 of 5 (population 20,431–39,126) · comparable within its band
Where is Steele County, MN in its market cycle?
Steele County, MN is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Steele County, MN?
County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Steele County, MN housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $277K | ▼ -1.1% | Redfin |
| Median Days on Market | 49 days | ▲ +133.3% | Redfin |
| Months of Supply | 3.8 | ▲ +46.2% | Redfin |
| Homes for Sale | 128 | ▲ +20.8% | Redfin |
| Homes Sold | 34 | ▼ -17.1% | Redfin |
| Median Price / Sq Ft | $146 | ▼ -7.4% | Redfin |
How has Steele County, MN’s Alpha Score moved?
Markets like Steele County, MN
Frequently asked questions
Is Steele County, MN a buyer's or seller's market?
In the scores computed October 2026, Steele County, MN is classified as a Balanced Market, based on its Alpha Score of 50 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Steele County, MN?
The median sale price in Steele County, MN is $277K, having fallen 1.1% over the past year, according to Redfin.
How affordable is Steele County, MN?
Steele County, MN scores 51 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other counties.
What's driving Steele County, MN's Alpha Score?
Steele County, MN's strongest dimension is Price Momentum (65/100) and its weakest is Rental Yield (40/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Steele County, MN? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.