The housing market in South Red River, MN is doing very well, with the median value of houses standing at $248,000. This is slightly less than the US House Median Value of $338,100, but it has seen a higher rate of appreciation over the past year at 9.54%, compared to 8.27% for the entire country. This suggests that South Red River, MN is an attractive place to invest in real estate and should continue to be a hot spot for potential buyers and investors alike.