59Alpha

Steele County, MN Housing Market Brief

county · MN · as of July 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%
66
Inventory Health25%
47
Affordability20%
72
Economic Strength20%
43
Rental Yield15%
73

Where is Steele County, MN in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Steele County, MN is classified as Growing strengthening, with scores rising 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?

Our model forecasts Steele County, MN’s home prices to rise about 6.3% over the next 12 months (medium confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

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%

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

Now: 59
12-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 July 2026, Steele County, MN is classified as a Balanced Market, based on its Alpha Score of 59 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 72 out of 100 on affordability — relatively 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 Rental Yield (73/100) and its weakest is Economic Strength (43/100). 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.