Wabasha, Minnesota.
Typical home $291,812 (+6.0% in a year). Rochester, MN metro.
to buy the typical home at today's mortgage rate — +$834 (+120%) since Jan 2020.
- 1 year
- Up $16,455 +6%
- $275,358$291,812 since Sep 2025
- 5 years
- Up $68,305 +31%
- $223,507$291,812 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Wabasha$1,532
- Minnesota$1,831
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Wabasha, MN rose 6.0% over the past year — faster than the nation's +1.2%.
Living in Wabasha, Wabasha County, Minnesota
Wabasha is a city of 2,559 people in Wabasha County. Half its households earn more than $64,514 a year and half less, against $82,007 across Wabasha County; 10% of its people live below the poverty line. 68% of its homes are lived in by their owners and 32% are rented. Unemployment in Wabasha County was 4.1% in August 2026, and the county had 0.8% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Wabasha is a small city in Wabasha County, Minnesota, with most homes lived in by their owners. Household incomes run below the county's, and a four-year degree is held by a minority of adults. Winters are cold, with January the coldest month and a good deal of snow, while July is the warmest and summers stay comfortable. Rain and melted snow come in a moderate amount through the year.
Work. Residents work mostly in schools, hospitals and social care, with manufacturing, shops, and transport and warehousing also employing many. Among the largest workplaces in Wabasha are St. Elizabeth Hospital of Wabasha, the Wabasha-Kellogg School District and California Overland, a long-distance trucking company. Unemployment across the county has risen over the past year, and the county has fewer jobs than it did a year earlier. A typical commute is a fairly short one, and some residents work from home.
Things to do. Reads Landing Overlook, a tourist attraction, is a short drive away. Lake Pepin is a longer drive away, as is Frontenac State Park, a protected area. Fort Beauharnois is also a longer drive away and is worth a look for anyone interested in the region's early history.
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- 1,203households
- 22%of adults have a degree
- 10%below the poverty line
- 21 mintypical commute
- 10%work from home
What residents work in
Employed residents by industry, from the Census survey. Wabasha County had 6,512 jobs in 2025, 0.8% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 24° and lows near 8°; warmest in July, with highs near 81° and lows near 62°. About 37 inches of snow and 37 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Alma Dam weather station, 7 miles away (NOAA).
Largest workplaces in Wabasha
- St. Elizabeth Hosp. of WabashaCritical access hospital195FTE
- California OverlandMotor freight carrier, general, long-distance, truckload185
- Wabasha-Kellogg School DistrictSchool district125FTE
- Cardinal Health Wabasha/ KPR USDiagnostic equipment, electromedical, manufacturing65
- Wabasha County-CourthousePersonnel offices, government50
- Wabasha County-Social ServicesPersonnel offices, government49
- Noble-XSheet metal work manufacturing30
- Wabasha County-Highway DepartmentGeneral services departments, government25
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 6 workplaces with 20 or more staff, 404 people in all. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windVery high
- HailRelatively high
- TornadoesRelatively high
- Inland floodingRelatively high
- Cold wavesRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Wabasha’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Wabasha County and the Rochester, MN metro.
Wabasha home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Wabasha$291,812
- Minnesota$348,778
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 5 Wabasha listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Wabasha21.22%
- United States26.36%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Wabasha25
New listings per month
Sellers arriving at the market.
- Wabasha7
Zip codes with a Wabasha address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Wabasha — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.