Red Wing, MN metro area Housing Market Brief
metro · MN · score computed October 2026
What is Red Wing, MN metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Population band 2 of 5 (population 37,900–58,725) · comparable within its band
Where is Red Wing, MN metro area in its market cycle?
Red Wing, MN metro area is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Red Wing, MN metro area?
Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Red Wing, MN metro area housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $298K | ▼ -3.8% | Redfin |
| Median Days on Market | 34 days | ▲ +6.3% | Redfin |
| Months of Supply | 2.5 | ▼ -30.6% | Redfin |
| Homes for Sale | 174 | ▲ +8.8% | Redfin |
| Homes Sold | 69 | ▲ +56.8% | Redfin |
| Median Price / Sq Ft | $164 | ▲ +0.6% | Redfin |
How has Red Wing, MN metro area’s Alpha Score moved?
Markets like Red Wing, MN metro area
- Jasper, AL metro area, ALmetro
- Faribault, MN metro area, MNmetro31
- Willmar, MN metro area, MNmetro35
- Winona, MN metro area, MNmetro35
- Price, UT metro area, UTmetro32
- Bardstown, KY metro area, KYmetro
- Fergus Falls, MN metro area, MNmetro26
- Berlin, NH metro area, NHmetro
- Española, NM metro area, NMmetro16
- Dayton, TN metro area, TNmetro
Frequently asked questions
Is Red Wing, MN metro area a buyer's or seller's market?
In the scores computed October 2026, Red Wing, MN metro area is classified as a Buyer's Market, based on its Alpha Score of 34 out of 100. It is based on the 4 of five dimensions we can measure for this market — building, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.
Are home prices rising or falling in Red Wing, MN metro area?
The median sale price in Red Wing, MN metro area is $298K, having fallen 3.8% over the past year, according to Redfin.
How affordable is Red Wing, MN metro area?
Red Wing, MN metro area scores 43 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Red Wing, MN metro area's Alpha Score?
Red Wing, MN metro area's strongest dimension is Inventory Health (47/100) and its weakest is Rental Yield (16/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.
Want the live, interactive view of Red Wing, MN metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.