Redwood Falls, MN Home Values & Market Trends
Real estate market trends reflect that there have been 0 transactions over the past year in Redwood Falls. The median value for residential home transactions that occurred over the previous year is $171,560.87. The number of current listings in Redwood Falls is 14, and the percentage of properties for sale in the city is 14.00%. Redwood Falls, MN currently has 2 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 14 properties for sale.
Redwood Falls, MN Real Estate Market Overview
Zip | Median Est. Value |
---|---|
56283 | $ 249,900 $ 108/sqft |
Housing Market Summary for Redwood Falls, MN
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $199K | $0 | -100.00% |
Median Sold Price | $235.4K | $0 | -100.00% |
Homes For Sale | 25 | 13 | -48.00% |
Homes Sold | 1 | 0 | -100.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Redwood Falls, MN
Browse Homes in Redwood Falls, MN
Redwood Falls home values range from $20,461 to $2,786,225. The median estimated value of a home in Redwood Falls is $171,560.87. The median list price of a home is 219,900, and the total count of properties in the city is 2,370.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Redwood Falls, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Redwood Falls, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Redwood Falls, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Redwood Falls, MN. There is 1 zips within Redwood Falls, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions56283 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Redwood Falls, MN. Auction homes and other auction properties account for 0.08% of all properties in Redwood Falls, MN. There is 1 zips within Redwood Falls, MN; of that zips, the median estimated home value for homes going to auction ranges from $173,703 in 56283 to the lowest value of $146,328 in 56283.
Compare Nearby Cities
More Real Estate Resources for Redwood Falls, MN
Guide for Redwood Falls, MN
Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.
The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.
The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.
Biloxi’s real estate market shows dynamic growth and consumer confidence, with property values rising from $271,000 to $290,000 within a year, despite some price fluctuations.