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WATERVILLE, MN 56096

Real Estate Market Report  ·  Le Sueur County
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The WATERVILLE, MN real estate market (56096) currently shows 14 active listings, with 3 pending sales. Homes are averaging 126 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 126 days on market compared to 75 days last year.

The median listing price has fallen 8.5% year-over-year, from $325,000 to $297,500.

Whether you are buying or selling in WATERVILLE, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 2,788  ·  Density: 19.3/mi²  ·  Median household income: $81,823

Typical home value: $238,690  ·  Homeownership: 79.7%

Market Overview

Active Listings
14
⇧ 7.7% vs 13 last year
Pending
3
21% pending ratio
Median Price
$297,500
⇩ 8.5% vs $325,000 last year
Average Price
$383,000
⇧ 16.6% vs $328,339 last year
Days on Market
126
⇧ 68% vs 75 days last year

Price Per Square Foot

Median $/sqft
$165
⇩ 35% vs $254/sqft last year
Median Home Size
2,018 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 14 this year vs 13 last year
  • Days on market: 126 now vs 75 last year

Median & Average Pricing

Year over Year
  • Median: $297,500 (-8.5% YoY)
  • Average: $383,000 (+16.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.9 miles — 297 listings ($114,634,481 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56096Waterville, MN 560960.0 mi13$4,285,099$267,450$329,623
56052Kilkenny, MN 560525.8 mi3$1,138,350$379,450$379,450
56063Madison Lake, MN 5606310.9 mi16$7,140,656$286,950$446,291
56048Janesville, MN 5604811.8 mi6$2,123,226$297,450$353,871
56069Montgomery, MN 5606912.3 mi30$10,583,850$345,400$352,795
56024Eagle Lake, MN 5602413.8 mi12$5,391,756$424,900$449,313
55046Lonsdale, MN 5504616.7 mi17$8,585,935$389,899$505,055
56050Kasota, MN 5605017.2 mi3$1,192,200$397,400$397,400
56078Pemberton, MN 5607818.5 mi1$190,000$190,000$190,000
56001Mankato, MN 5600120.2 mi108$42,899,976$319,900$397,222
55019Dundas, MN 5501920.9 mi7$2,619,260$404,950$374,180
55060Owatonna, MN 5506022.5 mi79$28,186,173$339,950$356,787
56091Waldorf, MN 5609122.9 mi2$298,000$149,000$149,000

Frequently Asked Questions

How many homes are for sale in WATERVILLE, MN 56096?

As of February 2026, there are 14 active listings in WATERVILLE, MN (zip code 56096), compared to 13 the prior year.

What is the median home price in WATERVILLE, MN 56096?

The median listing price in WATERVILLE, MN 56096 is $297,500 as of February 2026, a 8.5% decrease from $325,000 the prior year.

How long do homes stay on the market in WATERVILLE, MN?

Homes in WATERVILLE, MN 56096 spend an average of 126 days on the market before going under contract, compared to 75 days the prior year.

Is it a seller's or buyer's market in WATERVILLE, MN 56096?

Based on current inventory and days-on-market data as of February 2026, WATERVILLE, MN 56096 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 126 days on market compared to 75 days last year.

How much can I save on real estate commission in WATERVILLE, MN?

With SELL123.com's maximum 3% commission, sellers in WATERVILLE, MN 56096 save an estimated $5,950 compared to a typical 5% commission on the median listing price of $297,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.