Red Wing, MN Real Estate Market Summary – September 8, 2026
In Red Wing, MN, the real estate market has seen a total of 25 properties sold in the last month, with homes selling at a pace of 1 every 1.20 days. The average living area of sold properties was about 1,889 square feet, with a median sale price of $290,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 25 |
| Sold Per Day | 1 every 1.20 days |
| Average SQFT | 1889 |
| Median Sales Price | $290,000 |
| Average Sales Price | $301,672 |
| Average Price Per SQFT | $160 |
| Average Days on Market | 14 |
| Average Year Built | 1952 |
Red Wing, MN Single Family Home Analysis
For single-family homes in Red Wing, there were 21 properties sold with an average living area of approximately 1,946 square feet. These homes sold at an average price of $306,762 and spent around 14 days on the market before being purchased.
| Metric | 30 Days |
|---|---|
| Number Sold | 21 |
| Sold Per Day | 1 every 1.43 days |
| Average SQFT | 1946 |
| Median Sales Price | $290,000 |
| Average Sales Price | $306,762 |
| Average Price Per SQFT | $157 |
| Average Days on Market | 14 |
| Average Year Built | 1944 |
Red Wing, MN Condo & Townhome Analysis
In the condominium and townhome segment, 4 properties were sold with an average living area of 1,589 square feet. The median sale price for these units was $275,000, and they typically remained on the market for about 18 days before selling.
| Metric | 30 Days |
|---|---|
| Number Sold | 4 |
| Sold Per Day | 1 every 7.50 days |
| Average SQFT | 1589 |
| Median Sales Price | $275,000 |
| Average Sales Price | $274,950 |
| Average Price Per SQFT | $174 |
| Average Days on Market | 18 |
| Average Year Built | 1997 |
Buyer & Seller Analysis
- Average homes sold for $301,672.
- Listings averaged 14 days on the market.
- Average living area for sold homes was 1,889 sq. ft.
- Median price per square foot was $163.
Conclusion
Overall, the Red Wing real estate market demonstrates steady activity in terms of sales across various property types. The numbers indicate a consistent pace of sales and a reasonable timeframe for listings.