Red Wing, MN metro area Housing Market Brief
metro · MN · as of August 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.
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?
Our model forecasts Red Wing, MN metro area’s home prices to rise about 4.7% over the next 12 months (medium confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Red Wing, MN metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $321K | ▲ +4.2% |
| Median Days on Market | 45 days | ▼ -23.7% |
| Months of Supply | 3.1 | 0% |
| Homes for Sale | 177 | ▲ +22.9% |
| Homes Sold | 59 | ▲ +22.9% |
| Median Price / Sq Ft | $172 | ▼ -0.1% |
How has Red Wing, MN metro area’s Alpha Score moved?
Markets like Red Wing, MN metro area
- Willmar, MN metro area, MNmetro45
- Hutchinson, MN metro area, MNmetro54
- Bardstown, KY metro area, KYmetro46
- Wilmington, OH metro area, OHmetro54
- Gloversville, NY metro area, NYmetro56
- Worthington, MN metro area, MNmetro47
- Faribault, MN metro area, MNmetro43
- Columbus, NE metro area, NEmetro52
- Grand Rapids, MN metro area, MNmetro44
- Columbus, IN metro area, INmetro55
Frequently asked questions
Is Red Wing, MN metro area a buyer's or seller's market?
As of August 2026, Red Wing, MN metro area is classified as a Balanced Market, based on its Alpha Score of 47 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Red Wing, MN metro area?
The median sale price in Red Wing, MN metro area is $321K, having risen 4.2% over the past year.
How affordable is Red Wing, MN metro area?
Red Wing, MN metro area scores 68 out of 100 on affordability — relatively 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 Affordability (68/100) and its weakest is Rental Yield (27/100). The Alpha Score is a weighted blend of all five dimensions.
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.