54Alpha

Steele County, MN Housing Market Brief

county · MN · as of May 2026

Balanced

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.

Price Momentum20%
+12.466
Inventory Health25%
+12.152
Affordability20%
51
Economic Strength20%
-0.741
Rental Yield15%
62

Where is Steele County, MN in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Steele County, MN is classified as Growingstrengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Steele County, MN housing market data

MetricValueYoY
Median Sale Price$287K-1%
Median Days on Market15 days▲ +15.4%
Months of Supply1.7-10.5%
Homes for Sale83▲ +10.7%
Homes Sold49▲ +25.6%
Median Price / Sq Ft$157-0.9%
Sale-to-List Ratio100.4%0%

How has Steele County, MN’s Alpha Score moved?

Now: 54
3-period trend
Median sale price · 12 mo

Markets like Steele County, MN

Frequently asked questions

Is Steele County, MN a buyer's or seller's market?

As of May 2026, Steele County, MN is classified as a Balanced Market, based on its Alpha Score of 54 out of 100. The classification reflects current price, inventory, 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 $287K, having fallen 1% over the past year.

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 (66/100) and its weakest is Economic Strength (41/100). 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.