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Winona County assessor’s office reports historic 2025 real‑estate sales and rising prices

Winona County Board of Commissioners · March 10, 2026
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Summary

County presenter reported 558 sales in 2025, rising sale prices with many transactions above assessed market value, notable commercial sales on Francac Drive, and higher median values in St. Charles and Lewon; commissioners requested median and outlier‑adjusted statistics for the record.

The county’s real‑estate presentation showed 2025 marked unusually high transaction activity and rising sales prices across Winona County, including both residential and commercial markets.

The presenter reported 558 sales for 2025 and said the county saw its first larger cluster of sales in the $200,000–$250,000 band (previously 150–200k was typical). He said that during October and November roughly 85% of sales closed above the county’s estimated market value. The briefing highlighted notable commercial transactions, including a Francac Drive strip‑mall sale for $5,720,000 and a neighboring Verizon property that sold for approximately $460,000.

The presenter pointed to strong activity in smaller cities: Lewon had 24 sales in the year (up from a typical 12–15) and St. Charles had 50 sales with no transactions under $100,000 in the sample given; sample averages described in the presentation showed an average of about $231,000 for a random set of Winona city sales and $361,000 for a small sample in St. Charles.

Commissioners discussed the effect of rising assessed values on property taxes (especially for fixed‑income senior homeowners), the impact of large outlier transactions on aggregate statistics, absentee ownership trends, and the need for median and outlier‑adjusted breakdowns. The presenter agreed to supply medians by property type (residential, tillable, woods) and a mid‑year update on land‑owner residency percentages.

What’s next: Assessor’s office staff will provide requested median prices and outlier‑adjusted statistics for the board and will continue periodic updates to help with budget and tax‑valuation planning.