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Red Wing Housing Market

$331,430

2.7% 1-yr

The average Red Wing home value is $331,430, up 2.7% over the past year and goes to pending in around 15 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Red Wing Key Takeaways

Typical Home Values: $331,430

1-year Value Change: +2.7%

(Data through May 31, 2025)

Red Wing Housing Market Overview

1.5%1-year Market Forecast(May 31, 2025)
137For sale inventory(May 31, 2025)
64New listings(May 31, 2025)
0.994Median sale to list ratio(April 30, 2025)
$304,983Median sale price(April 30, 2025)
$332,283Median list price(May 31, 2025)
26.5%Percent of sales over list price(April 30, 2025)
52.0%Percent of sales under list price(April 30, 2025)
15Median days to pending(May 31, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Bellechester

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Red Wing Rental Market Trends

$1,420Average rent in Red Wing(May 31, 2025)
$2,049National average rent(May 31, 2025)
1.1%Month-over-month change(May 31, 2025)
--Year-over-year change
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.

More on Zillow Research