Redwood Falls, MN Housing Market

Homes for sale

The Redwood Falls housing market is very competitive. The median sale price of a home in Redwood Falls was $106K last month, down 38.0% since last year. The median sale price per square foot in Redwood Falls is $99, down 29.8% since last year.

Trends
Demand
Migration
Schools
Climate

Redwood Falls Housing Market Trends

What is the housing market like in Redwood Falls today?

$106K

Sale Price

-38.0%
since last year

$99

Sale $/Sq. Ft.

-29.8%
since last year

Under List Price

1.5%

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 very competitive. Homes sell in 28 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 28 days.
Hot homes
can sell for around list price and go pending in around 17 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 25 days.
Hot homes
can sell for around list price and go pending in around 11 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 FEB 25, 2025
$65,370 Last Sold Price
3 beds
2 baths
—sq ft
417 E 4th St, Redwood Falls, MN 56283
List Price
$84,900
Sale to List
23% under list
Days on Market
39 days
417 E 4th St, Redwood Falls, MN 56283
SOLD FEB 3, 2025
$125,000 Last Sold Price
2 beds
2 baths
—sq ft
518 E 3rd St, Redwood Falls, MN 56283
List Price
$134,999
Sale to List
7% under list
Days on Market
50 days
518 E 3rd St, Redwood Falls, MN 56283
SOLD JAN 31, 2025
$1,661,100 Last Sold Price
—beds
—baths
—sq ft
000 280th, Three Lakes Twp, MN 56283
List Price
$1,830,800
Sale to List
9% under list
Days on Market
28 days
000 280th, Three Lakes Twp, MN 56283
SOLD JAN 31, 2025
$335,000 Last Sold Price
6 beds
2 baths
—sq ft
617 W River St, Redwood Falls, MN 56283
List Price
$345,000
Sale to List
3% under list
Days on Market
130 days
617 W River St, Redwood Falls, MN 56283
SOLD JAN 31, 2025
$60,000 Last Sold Price
4 beds
2 baths
—sq ft
314 E Chestnut St, Redwood Falls, MN 56283
List Price
$60,000
Sale to List
0% over list
Days on Market
57 days
314 E Chestnut St, Redwood Falls, MN 56283
SOLD JAN 21, 2025
$149,900 Last Sold Price
3 beds
2 baths
—sq ft
512 Northwood Dr, Redwood Falls, MN 56283
List Price
$149,900
Sale to List
0% over list
Days on Market
40 days
512 Northwood Dr, Redwood Falls, MN 56283
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 13, 2025
$62,000 Last Sold Price
2 beds
1 bath
—sq ft
109 W 2nd St, Redwood Falls, MN 56283
List Price
$62,000
Sale to List
0% over list
Days on Market
73 days
109 W 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

Zip Code Housing Markets

56283 Housing Market

Nearby City Housing Markets

Zip Code Listings

56283 Real Estate

Nearby City Listings

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