47Alpha

Nobles County, MN Housing Market Brief

county · MN · score computed October 2026

Balanced

What is Nobles 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%
●27
Inventory Health25%
●57

Population band 3 of 5 (population 20,431–39,126) · comparable within its band

Affordability20%
●47
Economic Strength20%
●57
Rental Yield15%
●46

Where is Nobles County, MN in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Nobles 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 Nobles 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.

Nobles County, MN housing market data

MetricValueYoYSource
Median Sale Price$264K▼ -5.4%Redfin
Median Days on Market20 days▼ -57.4%Redfin
Months of Supply3.2▲ +3.2%Redfin
Homes for Sale56▲ +12%Redfin
Homes Sold17▲ +6.3%Redfin
Median Price / Sq Ft$154▲ +6.2%Redfin

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

Now: 47
2-period trend
Median sale price · 12 mo

Markets like Nobles County, MN

Frequently asked questions

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

In the scores computed October 2026, Nobles County, MN is classified as a Balanced Market, based on its Alpha Score of 47 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Nobles County, MN?

The median sale price in Nobles County, MN is $264K, having fallen 5.4% over the past year, according to Redfin.

How affordable is Nobles County, MN?

Nobles County, MN scores 47 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Nobles County, MN's Alpha Score?

Nobles County, MN's strongest dimension is Inventory Health (57/100) and its weakest is Price Momentum (27/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Nobles County, MN? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.