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Buying a home in Winton, Minnesota

The typical owner-occupied home in Winton is worth about $92,500, 72% below the Minnesota median of $329,300 and 72% below the national median of $332,700. Owners pay a median $733 a year in property taxes, about 0.79% of their home's value, lower than the Minnesota rate of 1.02%. The median household earns $52,250 a year, so the median home costs 1.8 times the median income (3.7 times for Minnesota). 81% of occupied homes here are lived in by their owners, and 29% of those owners still have a mortgage.

Winton at a glance

Winton Minnesota U.S.
Median home value $92,500 $329,300 $332,700
Median property tax paid per year $733 $3,357 $3,119
Property tax as a share of value 0.79% 1.02% 0.94%
Median household income $52,250 $89,062 $80,734
Homes lived in by their owners 81% 72% 65%
Owner homes with a mortgage 29% 64% 61%
Median monthly costs, owners with a mortgage $1,100 $1,947 $1,963
Those costs as a share of the owners' income 24.0% 19.7% 21.0%
Median rent $638 $1,280 $1,413
Rent as a share of renters' income 32.5% 29.2% 30.6%
Median year homes were built 1938 1979 1980
Vacant homes 19.8% 9.3% 10.1%
Population 124 5,739,445 334,922,499

What a typical home costs per month in Winton

At this week's average 30-year rate of 7.11%, buying the median Winton home of $92,500 with 20% down costs about $597 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $751, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $25,596 for the 20%-down payment. That payment is 14% of the median Winton household income of $52,250; at that income and 20% down, the 28% guideline points to a home of about $189,000.

The median rent here is $638 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$18,500
Loan amount$74,000
Principal and interest$498
Property taxes (0.79% a year)$61
Homeowners insurance (our estimate, 0.5% a year)$39
PMI$0
Total per month$597

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3.5% down, 30-year FHA loan
Down payment$3,238
Loan amount$90,825
Principal and interest$611
Property taxes (0.79% a year)$61
Homeowners insurance (our estimate, 0.5% a year)$39
FHA mortgage insurance$41
Total per month$751

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Questions about home buying in Winton

What is the median home value in Winton?

About $92,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Winton?

Homeowners pay a median $733 a year, which is about 0.79% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Winton?

For the median home with 20% down at 7.11%, the payment is about $597 a month. Keeping that under 28% of gross income takes about $25,596 a year.

More about Winton

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data