Are home prices going up or down in Red Wing, MN?
In Red Wing, MN, the typical home sold for $330,000 during May 2026. That is 6% lower than the same stretch a year ago, so prices are down.
Over the last 36 months the typical sale price in Red Wing, MN went from $282,350 to $330,000 — up 17%.
The high point was $349,950, reached in May 2025. Today's typical sale is 6% below that.
Measured by size, homes in Red Wing, MN are selling for about $174 per square foot. Price per square foot is the fairer comparison when the mix of what sells shifts from month to month — a run of big houses can push the typical price up without anything actually getting more expensive.
Source: Redfin's published market data for the Red Wing, MN area, through May 2026.
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More about the Red Wing, MN market
- When is the best month to sell a house in Red Wing, MN?
- How long does it take to sell a house in Red Wing, MN?
- Do homes sell above asking price in Red Wing, MN?
- Is Red Wing, MN a buyer's market or a seller's market?
- How many homes are for sale in Red Wing, MN?
- All Red Wing, MN housing numbers
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Figures come from Redfin's published market data for the Red Wing, MN area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.