24Alpha

Red Lake County, MN Housing Market Brief

county · MN · score computed October 2026

Deep Buyer's

What is Red Lake County, MN’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●2
Inventory Health25%
●0

Population band 1 of 5 (population 475–9,803) · comparable within its band

Affordability20%
●86
Economic Strength20%
●18
Rental Yield15%
●18

Where is Red Lake County, MN in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Red Lake County, MN 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 Lake County, MN?

County-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 Lake County, MN housing market data

MetricValueYoYSource
Median Sale Price$242K▲ +91.3%Redfin
Median Days on Market51 days▲ +142.9%Redfin
Months of Supply1.9▼ -62%Redfin
Homes for Sale12▼ -20%Redfin
Homes Sold6▲ +100%Redfin
Median Price / Sq Ft$117▲ +34.1%Redfin

How has Red Lake County, MN’s Alpha Score moved?

Now: 24
2-period trend
Median sale price · 12 mo

Markets like Red Lake County, MN

Frequently asked questions

Is Red Lake County, MN a buyer's or seller's market?

In the scores computed October 2026, Red Lake County, MN is classified as a Deep Buyer's Market, based on its Alpha Score of 24 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Red Lake County, MN?

The median sale price in Red Lake County, MN is $242K, having risen 91.3% over the past year, according to Redfin.

How affordable is Red Lake County, MN?

Red Lake County, MN scores 86 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Red Lake County, MN's Alpha Score?

Red Lake County, MN's strongest dimension is Affordability (86/100) and its weakest is Inventory Health (0/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Red Lake County, MN? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.