House Prices

House Prices & Home Values Red Wing, MN 2026


Average Data

average house price$258,595
average size per house1962 ft²
average price per ft²132 $ / ft²

06/26/2026 - The value range (VR) for house prices in Red Wing, MN is $152/ sqft to $152/ sqft. An average home with 1962 sqft costs approximately $298,224 to $298,224. Red Wing, MN includes 1 ZIP codes and it is located in Goodhue county. The lowest prices are found in ZIP 55066, while the highest are in ZIP 55066. The average price per sqare feet is $132. Our analysis is based on 3 property listings.

Avergage prices by ZIP codes Red Wing

55066166 $ / ft²




Historical development of home values in Red Wing

Year Estimated value (USD) Change vs. 2025
2010 $120,096 -53.6%
2011 $115,452 -55.4%
2012 $115,141 -55.5%
2013 $119,445 -53.8%
2014 $125,384 -51.5%
2015 $131,819 -49.0%
2016 $138,699 -46.4%
2017 $146,185 -43.5%
2018 $154,267 -40.3%
2019 $161,420 -37.6%
2020 $169,764 -34.4%
2021 $193,089 -25.3%
2022 $225,098 -13.0%
2023 $237,376 -8.2%
2024 $251,109 -2.9%
2025 $258,595 0.0%

Graph: estimated home values in Red Wing over time (USD)



Example: 100% financing house in Red Wing

Loan amount: $258,595

Interest rate: 6.00%

Fixed monthly payment: $1,550.41

Breakdown in the 1st month:
Interest portion: $1,292.98  –  Principal portion: $257.43

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $15,429.32 $3,175.58 $255,419.42
2 $15,233.45 $3,371.44 $252,047.98
3 $15,025.51 $3,579.38 $248,468.60
4 $14,804.74 $3,800.15 $244,668.45
5 $14,570.36 $4,034.54 $240,633.91
6 $14,321.51 $4,283.38 $236,350.54
7 $14,057.33 $4,547.57 $231,802.97
8 $13,776.84 $4,828.05 $226,974.92
9 $13,479.06 $5,125.83 $221,849.08
10 $13,162.91 $5,441.98 $216,407.10
11 $12,827.26 $5,777.63 $210,629.47
12 $12,470.91 $6,133.99 $204,495.48
13 $12,092.58 $6,512.32 $197,983.16
14 $11,690.91 $6,913.98 $191,069.18
15 $11,264.47 $7,340.42 $183,728.76
16 $10,811.73 $7,793.16 $175,935.60
17 $10,331.06 $8,273.83 $167,661.77
18 $9,820.75 $8,784.14 $158,877.63
19 $9,278.97 $9,325.93 $149,551.70
20 $8,703.76 $9,901.13 $139,650.57
21 $8,093.08 $10,511.81 $129,138.77
22 $7,444.74 $11,160.15 $117,978.61
23 $6,756.40 $11,848.49 $106,130.12
24 $6,025.62 $12,579.28 $93,550.85
25 $5,249.75 $13,355.14 $80,195.71
26 $4,426.04 $14,178.85 $66,016.85
27 $3,551.52 $15,053.38 $50,963.48
28 $2,623.06 $15,981.83 $34,981.64
29 $1,637.33 $16,967.56 $18,014.08
30 $590.81 $18,014.08 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Red Wing, MN


1500 sqft3900 sqft
Ø selling price$239,581$509,653
Ø fast selling$217,801$458,687
Ø high price sale$261,361$560,618

In 2026, houses in Red Wing, MN will be offered at an average price of $132 per square foot. A 1,500 sqft home priced at $239,581 is 25.09% more expensive per square foot than a 3,900 sqft home priced at $509,653. Home prices in Red Wing, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $352,836. Sellers who can wait longer may achieve a higher price of up to $431,245.


Red Wing, MN Travel Guide

Overview

Discover Red Wing, MN, a scenic Mississippi River town known for bluffs, historic charm, and authentic Midwest hospitality.

History & Riverfront

Along the Mississippi River, the 19th?century downtown features preserved brick architecture, boutique shops, and galleries.
Heritage landmarks like the St. James Hotel and the legacy of Red Wing Shoes celebrate the city?s industrious past.

Top Attractions

Hike iconic Barn Bluff (He Mni Can) for sweeping valley views and sunrise photo ops.
Families love Memorial Park and Sorin?s Bluff, while cyclists ride the scenic Cannon Valley Trail to and from the city.
Culture seekers visit the Pottery Museum of Red Wing, the Red Wing Shoe Museum, and live performances at the Sheldon Theatre.

Outdoor Recreation

Outdoor enthusiasts enjoy year?round hiking, river kayaking, birding, leaf?peeping, and winter snow sports on the surrounding bluffs.
Nearby parks, river overlooks, and scenic byways create memorable road?trip stops and family photo spots.

Dining, Events & Stays

Dine at local restaurants, breweries, and wineries, then browse makers? markets and annual events like River City Days.
From cozy B&Bs and riverfront hotels to historic inns, Red Wing, Minnesota makes an easy day trip or weekend getaway from the Twin Cities.



FAQ – Home Values in Red Wing

What is the median home value in Red Wing in 2026?

In 2026, the typical home value in Red Wing is about $258,595 for an average home size of 1962 square feet. This corresponds to an average price of roughly $132 per square foot.

What is the average cost per square foot in Red Wing?

In 2026, homes in Red Wing sell for an average of around $132 per square foot, with a typical range between $152 and $152 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Red Wing is about 1962 square feet, with an estimated 2026 value around $258,595.



Locations close to Red Wing, MN

Rosemount, MN232 $ / ft²
Rush City, MN105 $ / ft²
Saint Francis, MN149 $ / ft²
Randolph, MN292 $ / ft²
Pine City, MN149 $ / ft²
Owatonna, MN98 $ / ft²
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