Redwood Falls, MN Home Values & Market Trends
Real estate market trends reflect that there have been 53 transactions over the past year in Redwood Falls. The median value for residential home transactions that occurred over the previous year is $188,330. The number of current listings in Redwood Falls is 118, and the percentage of properties for sale in the city is 118.00%. Redwood Falls, MN currently has 2 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 118 properties for sale.
Redwood Falls, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 56283 | $ 188,330 $ 150/sqft |
Housing Market Summary for Redwood Falls, MN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $231.9K | $189K | -18.52% |
| Median Sold Price | $0 | $182.6K | - |
| Homes For Sale | 81 | 117 | 44.44% |
| Homes Sold | 0 | 18 | - |
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 $29,886 to $895,000. The median estimated value of a home in Redwood Falls is $188,330. The median list price of a home is 189,000, and the total count of properties in the city is 144.
- 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 1.39% 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 $248,500 in 56283 to the lowest value of $138,885 in 56283.
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Guide for Redwood Falls, 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.
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