Steele County, MN Housing Market Brief
county · MN · as of May 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.
Where is Steele County, MN in its market cycle?
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.
Steele County, MN housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $287K | ▼ -1% |
| Median Days on Market | 15 days | ▲ +15.4% |
| Months of Supply | 1.7 | ▼ -10.5% |
| Homes for Sale | 83 | ▲ +10.7% |
| Homes Sold | 49 | ▲ +25.6% |
| Median Price / Sq Ft | $157 | ▼ -0.9% |
| Sale-to-List Ratio | 100.4% | 0% |
How has Steele County, MN’s Alpha Score moved?
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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.