Zip 55066 (Red Wing, MN) Housing

In Red Wing, MN (ZIP code 55066), housing median value is $261,100. This is lower compared to the US house median value of $338,100. However, the 1 year house appreciation rate in Red Wing is still quite impressive at 6.66%, which is only a bit lower than the national rate of 8.27%. Red Wing offers a great opportunity for potential homeowners looking to invest in a property as its house values have been steadily increasing over the years.

The median home cost in Red Wing (zip 55066) is $261,100. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Red Wing (zip 55066) is up 12.2%.

Average Age of Homes

- The median age of Red Wing (zip 55066) real estate is 45 years old

The Rental Market in Red Wing (zip 55066)

- Renters make up 26.5% of the Red Wing (zip 55066) population
- 0.0% of houses and apartments in Red Wing (zip 55066), 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	Red Wing, Minnesota	United States
	8,374.0	139,647,020.0
	50	42
	$261,100	$338,100
	12.2%	16.6%
	47.9%	57.0%
	94.0%	101.1%
	$11.83	$10.98
	$2,326	$2,690
	70.9%	57.4%
	3.2%	11.2%
	25.9%	31.4%
Vacant Housing
	0.0%	1.9%
	0.6%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	1.6%	3.6%
	1.0%	4.1%
Value of Owner-Occupied Housing
	6.0%	2.6%
	0.7%	2.4%
	0.4%	2.8%
	2.1%	3.9%
	2.9%	4.5%
	15.6%	11.3%
	23.6%	13.0%
	26.0%	20.1%
	10.9%	13.6%
	4.6%	8.3%
	5.1%	9.7%
	1.6%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	10.0%	13.6%
	10.0%	13.6%
	12.7%	13.6%
	10.1%	13.2%
	15.9%	14.8%
	12.7%	13.6%
	10.7%	10.0%
	3.0%	4.7%
	25.8%	12.2%

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