Red Wing, MN Home Values & Market Trends
Real estate market trends reflect that there have been 332 transactions over the past year in Red Wing. The median value for residential home transactions that occurred over the previous year is $291,372. The number of current listings in Red Wing is 305, and the percentage of properties for sale in the city is 305.00%. Red Wing, MN currently has 6 properties in foreclosure, 1 bank owned properties, 5 properties headed for auction, and 305 properties for sale.
Red Wing, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 55066 | $ 291,372 $ 225/sqft |
Housing Market Summary for Red Wing, MN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $315K | $315K | - |
| Median Sold Price | $302.4K | $243.1K | -19.62% |
| Homes For Sale | 184 | 302 | 64.13% |
| Homes Sold | 77 | 114 | 48.05% |
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 Red Wing, MN
Browse Homes in Red Wing, MN
Red Wing home values range from $95,291 to $1,199,000. The median estimated value of a home in Red Wing is $291,372. The median list price of a home is 315,000, and the total count of properties in the city is 441.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Red Wing, 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 Red Wing, 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 Red Wing, MN ranges from the highest value of $228,961 in 55066 to the lowest value of $228,961 in 55066. Bank owned homes and properties account for 0.23% of properties in Red Wing, MN. There is 1 zips within Red Wing, MN; 55066 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions55066 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Red Wing, MN. Auction homes and other auction properties account for 1.13% of all properties in Red Wing, MN. There is 1 zips within Red Wing, MN; of that zips, the median estimated home value for homes going to auction ranges from $259,832 in 55066 to the lowest value of $160,561 in 55066.
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More Real Estate Resources for Red Wing, MN
Guide for Red Wing, MN
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
