Redwood Falls, MN Housing Market

The Redwood Falls housing market is somewhat competitive. The median sale price of a home in Redwood Falls was $237K last month, up 27.8% since last year. The median sale price per square foot in Redwood Falls is $137, up 71.2% since last year.

Trends
Demand
Migration
Schools
Climate

Redwood Falls Housing Market Trends

What is the housing market like in Redwood Falls today?

$237K

Sale Price

+27.8%
since last year

$137

Sale $/Sq. Ft.

+71.2%
since last year

Under List Price

1.7%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Redwood Falls and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Redwood Falls add value to a home.

How hot is the Redwood Falls housing market?

Redwood Falls is somewhat competitive. Homes sell in 40 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 40 days.
Hot homes
can sell for around list price and go pending in around 13 days.

Compare With Nearby Cities

Olivia

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 4% below list price and go pending in around 27 days.
Hot homes
can sell for about 1% below list price and go pending in around 12 days.

See more nearby cities and neighborhoods

Redwood Falls Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Redwood Falls that sold recently

Recently sold homes

SOLD JAN 15, 2025
$130,000 Last Sold Price
—beds
—baths
—sq ft
xxx Front St, North Redwood, MN 56283
List Price
$140,000
Sale to List
7% under list
Days on Market
77 days
xxx Front St, North Redwood, MN 56283
SOLD JAN 1, 2025
$320,000
—beds
—baths
1,464 sq ft
33503 Oak Ridge Ave, Redwood Falls, MN 56283
List Price
—
Sale to List
—
Days on Market
—
33503 Oak Ridge Ave, Redwood Falls, MN 56283
SOLD DEC 27, 2024
$64,000 Last Sold Price
2 beds
1 bath
—sq ft
809 E Elm St, Redwood Falls, MN 56283
List Price
$45,600
Sale to List
40% over list
Days on Market
39 days
809 E Elm St, Redwood Falls, MN 56283
SOLD DEC 19, 2024
$320,000 Last Sold Price
4 beds
2 baths
—sq ft
505 N Swain St, Redwood Falls, MN 56283
List Price
$319,900
Sale to List
0% over list
Days on Market
35 days
505 N Swain St, Redwood Falls, MN 56283
SOLD DEC 13, 2024
$236,500 Last Sold Price
4 beds
2 baths
—sq ft
1214 S Halvorson St, Redwood Falls, MN 56283
List Price
$249,900
Sale to List
5% under list
Days on Market
63 days
1214 S Halvorson St, Redwood Falls, MN 56283
SOLD NOV 27, 2024
$12,000
—beds
—baths
—sq ft
209 Coon St E, Redwood Falls, MN 56283
List Price
—
Sale to List
—
Days on Market
—
209 Coon St E, Redwood Falls, MN 56283
SOLD NOV 27, 2024
$177,500 Last Sold Price
4 beds
1 bath
—sq ft
821 E Oak St, Redwood Falls, MN 56283
List Price
$189,000
Sale to List
6% under list
Days on Market
99 days
821 E Oak St, Redwood Falls, MN 56283
SOLD NOV 22, 2024
$195,000
—beds
—baths
—sq ft
321 E 2nd St, Redwood Falls, MN 56283
List Price
—
Sale to List
—
Days on Market
—
321 E 2nd St, Redwood Falls, MN 56283
See all recently sold homes in Redwood Falls.
See listings

Schools in Redwood Falls

Learn about schools in the Redwood Falls area

Elementary
Middle
High

GreatSchools Rating

6/10 Reede Gray Elementary School Public • PreK-4	448 Students	N/A
4/10 Redwood Valley Middle School Public • 5-8	349 Students	1 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Redwood Falls housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Redwood Falls.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Minor

98% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Redwood Falls

New Listings in Redwood Falls

Nearby City Housing Markets

Zip Code Housing Markets

56283 Housing Market

Nearby City Listings

Zip Code Listings

56283 Real Estate

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