45Alpha

Red Lake County, MN Housing Market Brief

county · MN · as of August 2026

Balanced

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%
+45.464
Inventory Health25%
-34.239
Affordability20%
+7.282
Economic Strength20%
18
Rental Yield15%
+3.815

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.

Red Lake County, MN housing market data

MetricValueYoY
Median Sale Price$236K▲ +47.7%
Median Days on Market35 days-62.4%
Months of Supply12.6▲ +22.3%
Homes for Sale13▲ +30%
Homes Sold10%
Median Price / Sq Ft$105-4.2%

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

Now: 45
12-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?

As of August 2026, Red Lake County, MN is classified as a Balanced Market, based on its Alpha Score of 45 out of 100. The classification reflects current price, inventory, 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 $236K, having risen 47.7% over the past year.

How affordable is Red Lake County, MN?

Red Lake County, MN scores 82 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 (82/100) and its weakest is Rental Yield (15/100). 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.