Why Live in Waseca
Waseca, MN, situated between Clear and Loon lakes, offers a waterfront lifestyle on the southern outskirts of Minneapolis. Established in 1881, Waseca has evolved from an agricultural hub to a community supported by the manufacturing and healthcare industries, with major employers like the Mayo Clinic Health System and Cinch Connectivity Solutions. Home to over 9,000 residents, Waseca features a strong community atmosphere, with local highlights including the family-owned Boat House Grill & Bar and the annual 4th of July Waseca Lakefest. The city maintains 15 parks and over 200 acres of green spaces, with Clear Lake Park being a primary gathering spot offering playgrounds, sports facilities, and a summer concert series. Housing options in Waseca are diverse, ranging from single-story ranch-styles to multi-family condos and expansive properties on multiple acres. The real estate market is competitive, with homes priced significantly lower than the national median. Waseca Public School District, serving over 1,700 students, is highly rated, and the city is well-connected via Highway 13, U.S. Route 14, and U.S. Interstate 35. Local shopping and dining options are plentiful, with a mix of national retailers and locally owned boutiques and eateries. The city's crime rates are lower than the national average, contributing to its appeal as a safe place to live.
Home Trends in Waseca, MN
On average, homes in Waseca, MN sell after 30 days on the market compared to the national average of 70 days. The median sale price for homes in Waseca, MN over the last 12 months is $239,900, down 9% from the median home sale price over the previous 12 months.
Median Sale Price
$239,900
Median Single Family Sale Price
$239,900
Average Price Per Sq Ft
$125
Number of Homes for Sale
2
Last 12 months Home Sales
38
Median List Price
$246,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-9%