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market report · 56283
Redwood Falls, MN · 56283
9 active listings$279,900 median ask$2,390 est. rent0.9% price/rent
$279,900
Median list price
$2,390/mo
Estimated rent
0.9%
Price / rent ratio
9
Listings
FHFA home price index · 2016–2025
73.9% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.22
Median rent / sqft
9 comps
$140.39
Median sold / sqft
9 comps
—
Walkability
3.8%
Area unemployment
BLS LAUS
Median household income $66,352 · median home value $176,800 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 77).
4 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
723 E 2nd St, Redwood Falls, MN 56283
Redwood Falls, MN
$184,900$2,177/mo1.2%
417 E Wyoming St, Redwood Falls, MN 56283
Redwood Falls, MN
$219,900$2,454/mo1.1%
515 N Halvorson St, Redwood Falls, MN 56283
Redwood Falls, MN
$179,000$1,956/mo1.1%
309 Fallwood Rd, Redwood Falls, MN 56283
Redwood Falls, MN
$235,500$2,275/mo1%
709 Sunrise Blvd, Redwood Falls, MN 56283
Redwood Falls, MN
$425,000$3,774/mo0.9%
109 W Bridge St, Redwood Falls, MN 56283
Redwood Falls, MN
$324,900$2,546/mo0.8%