Red Wing, MN is home to a thriving housing market. The median value of homes in Red Wing is $251,400, which is much lower than the US median value of $338,100. While the 1 year appreciation rate for homes across the US is 8.27%, in Red Wing it's slightly lower at 6.66%. This makes it an attractive option for those looking to buy or invest in property in this area. With a variety of housing options and attractive rates of appreciation, Red Wing is a great place to live and invest!
The median home cost in Red Wing is $251,400. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Red Wing is up 12.2%.
Average Age of Homes
- The median age of Red Wing real estate is 46 years old
The Rental Market in Red Wing
- Renters make up 28.2% of the Red Wing population
- 0.0% of houses and apartments in Red Wing, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.