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Red Wing Home Values and Market Report

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LakeMinnetonkaRealEstate.com
Report prepared by LakeMinnetonkaRealEstate.com
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Market at a glance

Over the last 12 months, homes sold for 100.5% of list price in 104 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $281K Sold · $294K
$400K$330K$260K$190K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 31 sales in May. Last month: 26.

Where the market stands

All homes in this report, by status.

400homes
Active90 · 22%
Under contract32 · 8%
Sold (12 mo)278 · 70%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.3months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$296K
Under contract$347K
Sold$290K

Average days on market

Active186 days
Under contract70 days
Sold104 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 90
Average list price $295,741
Avg. days on market 186 days
Avg. price per ft² $185 Based on 56 of 90 homes
Avg. living area 1,806 ft² Based on 56 of 90 homes
Avg. beds / baths 3.0 / 2.1

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

34 homes didn’t report living area and aren’t shown.

1 home is larger or pricier than this chart’s scale and isn’t shown.

$900K$600K$300K$0

Price vs. living area: 55 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

34 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

28757 County 5 Boulevard$395
222 Bush Street Unit #404$363
222 Bush Street Unit #401$353
222 Bush Street Unit #303$347
222 Bush Street Unit #304$346
222 Bush Street Unit 302$345
222 Bush Street Unit #301$326

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
464 8th StreetRed Wing, MN 55066 311,356$109,850$811 day
145 Kingswood DriveRed Wing, MN 55066 231,865$220,000$1173 days
195 Fairview LaneRed Wing, MN 55066 321,412$290,000$2054 days
1521 W 6th StreetRed Wing, MN 55066 521,740$190,000$1099 days
TBD Snowbird DrRed Wing, MN 55066 ———$684,000—14 days
308 Sanderson StreetRed Wing, MN 55066 211,490$114,900$7714 days
1048 Hawthorn StreetRed Wing, MN 55066 532,630$300,000$11416 days
405 Main Street Unit 208Red Wing, MN 55066 11535$130,000$24216 days
318 Jefferson StreetRed Wing, MN 55066 11756$125,000$16516 days
717 Hawthorn StreetRed Wing, MN 55066 322,193$295,000$13416 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.