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Single-family Foreclosures in Redwood Falls, MN

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Redwood Falls, MN Foreclosures

How much do homes sell for in Redwood Falls, MN?
The average home price is currently $229,161.
In Redwood Falls, MN, how many homes are available?
There are currently 10 active home listings available in Redwood Falls.
What’s the average rental cost in Redwood Falls, MN?
The average rental price in Redwood Falls is $1,210.
What is the most expensive home in Redwood Falls?
The most expensive home sold in Redwood Falls had a price of $3,462,397.
What is currently the cheapest priced home in Redwood Falls, MN?
The cheapest home for sale in Redwood Falls is priced at $12,700.

Living in Redwood Falls, MN

Redwood Falls, MN is a quaint city nestled in the Minnesota River Valley. It offers a peaceful lifestyle with close-knit community vibes and ample outdoor activities. Residents benefit from easy access to local amenities, parks, and scenic views that highlight the natural beauty of the area.

Current Market Conditions in Redwood Falls, MN

The Redwood Falls real estate market is currently stable, with a balanced number of buyers and sellers. The housing prices have remained relatively steady over the past few months, fostering an environment conducive for both new homeowners and investors.

There has been an increased interest in the market as more people look for affordable housing options outside of larger urban centers. This trend has led to a slight uptick in home sales, particularly for single-family homes.

Home Value Estimator For Redwood Falls, MN

There are currently 2,226 real estate properties in Redwood Falls, MN, with a median automated valuation model (AVM) price of $187,248.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Redwood Falls, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Redwood Falls, MN, is $229,161.00, with the most expensive house in Redwood Falls, MN, topping out at $3,462,397.00 and the cheapest home in Redwood Falls, MN, clocking in at $12,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Redwood Falls, MN!

Rent Prices In Redwood Falls, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Redwood Falls, MN, is on a rollercoaster ride. The average rent price in Redwood Falls, MN, is $1,210.00. Indeed, when looking to rent in Redwood Falls, MN, you can expect to pay as little as $570.00 or as much as $2,940.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Redwood Falls, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Redwood Falls, MN Single-family Homes


Market Trend for Redwood Falls, MN

Total Listings Available: 10

Market Values:

Home Prices from $12,700 to $3,462,397

Average Sales Price: $229,161

Rental Values:

Rental from $570 to $2,940

Average Rent Value: $1,210 / month

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