Redwood County, MN Housing

The housing market in Redwood, MN County is thriving. The median value of a house in the county is $140,500, which is significantly lower than the US median of $338,100. Despite this difference, both markets have seen similar annual appreciation rates over the past year - 8.27% for the US and 8.20% for Redwood County. This shows that the housing market in Redwood is keeping pace with that in other parts of the country. With such high levels of appreciation, it's a great time to buy or sell a home in Redwood County.

The median home cost in Redwood County is $140,500. Home appreciation the last 10 years has been 63.4%. Home Appreciation in Redwood County is up 12.9%.

Average Age of Homes

- The median age of Redwood County real estate is 59 years old

The Rental Market in Redwood County

- Renters make up 19.0% of the Redwood County population
- 1.4% of houses and apartments in Redwood County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Redwood, Minnesota	United States
	7,122.0	139,647,020.0
	62	42
	$140,500	$338,100
	12.9%	16.6%
	44.1%	57.0%
	63.4%	101.1%
	$10.10	$10.98
	$1,209	$2,690
	67.3%	57.4%
	13.8%	11.2%
	18.9%	31.4%
Vacant Housing
	1.4%	1.9%
	0.2%	0.4%
	1.8%	0.7%
	0.3%	0.4%
	0.7%	3.6%
	9.4%	4.1%
Value of Owner-Occupied Housing
	4.1%	2.6%
	7.9%	2.4%
	8.5%	2.8%
	11.5%	3.9%
	9.8%	4.5%
	17.7%	11.3%
	14.6%	13.0%
	15.1%	20.1%
	6.3%	13.6%
	1.8%	8.3%
	1.5%	9.7%
	0.5%	3.9%
	0.3%	2.2%
	0.2%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	5.2%	13.6%
	5.2%	13.6%
	8.1%	13.6%
	8.5%	13.2%
	15.2%	14.8%
	8.1%	13.6%
	11.5%	10.0%
	8.6%	4.7%
	31.6%	12.2%

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