Red Wing, MN Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Red Wing, MN is showing healthy, moderate growth.

  • •Steady price growth of 3.2% year-over-year — a balanced market.
  • •Price-to-rent ratio: 22.2 — renting may be more affordable in the near term.

Median Home Value

$317,226

ZHVI

Year-over-Year

+3.2%

Price change

5-Year Change

+28.7%

Since 2021

Median Rent

$1,192/mo

ZORI

Active Listings

134

For sale

State Avg

$341,308

Minnesota

Home Value Trends

5-year Zillow Home Value Index for Red Wing, MN vs. state and national averages.

Rent Data

Median Rent

$1,192/mo

Rent YoY Change

0%

Rent vs. Buy Calculator

Other Markets in Minnesota

Minneapolis, MN$380,652Brainerd, MN$343,336Faribault, MN$340,367Alexandria, MN$332,387Rochester, MN$330,237Fergus Falls, MN$315,660
← Back to Minnesota Market Trends

Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.