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MN area data

Redwood Falls, MN

Redwood Falls, MN.

Population: 6,481 (Census ACS)

Home values & appreciation

Median home value
$202,327
1-year appreciation
+6.8%
3-year appreciation
+9.6%
5-year appreciation
+28.6%
10-year appreciation
+77.7%
All-time peak (2026-07)
$202,327
House Price Index
429.3 (+3.3% YoY)

Market activity

New listings (monthly)
7

Affordability

Cost of living index (Below Average)
90.0 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
4
Elementary schools
1
Middle schools
1
High schools
2

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
coldWave, drought, hail, strongWind, winterWeather

Climate (30-year normals)

Average annual temperature
45.0°F
Average high
55.0°F
Average low
35.0°F
Annual precipitation
30.0 in
Annual snowfall
49.2 in

Amenities

Nearest airport
Fuhr Flying Svc Airport (6 mi)
Nearest major airport
Redwood Falls Municipal Airport (RWF) (6 mi)
Hospitals nearby (~15 mi)
1
EV charging stations (within 10 mi)
6
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
-17 tax filers

Housing stock

Median year housing built
1,973
Median annual property tax
$1,910
Mean commute to work
13 min
Households with broadband internet
70.3%

Employment & development

Total county employment
4,877
Average weekly wage
$1,024
Top industries (by employment)
Finance & Insurance, Wholesale Trade, Accommodation & Food
Annual residential building permits (county)
15

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents