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Advertise here →Redwood Falls, MN · Houses & Market Data
Redwood Falls, Minnesota houses and real estate market data.
Houses in Redwood Falls, MN (Redwood County) — Census median home value $162,000, county listing prices up about 4.7% over the past year. Market data for Redwood Falls houses and the broader area.
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Redwood Falls, MN is in Redwood County, Minnesota — this guide covers houses in Redwood Falls and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 5,075, with a median household income of $61,947. Census data puts the median value of houses in Redwood Falls at $162,000.
Info from government sites and builders may have provided source info.
Market overview
Redwood Falls housing market
Redwood Falls is in Redwood County, Minnesota. Manifest Census and county price-trend data provide baseline context for houses in Redwood Falls and the surrounding county market.
Median home value (Census ACS)
$162,000
Population (Census ACS)
5,075
Median household income
$61,947
County price trend (2025)
4.68% YoY
Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.
At a glance
Redwood Falls market snapshot
Population
5,075
County
Redwood County
Median Household Income
$61,947
Median Home Value (city)
$162,000
Median Gross Rent
$824/mo
Price Trend (YoY)
+4.7%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About
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What makes Redwood Falls different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Redwood Falls's median home value — across all owner-occupied homes, not just recent sales — at $162,000.
County Price Trend
Redwood County's FHFA house price index shows a 4.68% annual change in 2025.
Population & Income
Redwood Falls has an estimated population of 5,075 and a median household income of $61,947, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Redwood Falls's Census-reported median home value works out to about 2.6x the area's median household income, and median gross rent runs roughly 16% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
Nearby
Places around Redwood Falls
County guide: Redwood County — cities, market context, and local resources for the county that includes Redwood Falls.
USAHouses.com also helps visitors looking in nearby Redwood County and other Minnesota communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.
Nearby communities include Delhi, Clements, Belview, Seaforth, Wabasso, Morgan, Vesta, Wanda, Lucan, Sanborn, Lamberton, Milroy, Revere, Walnut Grove.
Delhi market data
Nearby city · ~6.5 mi
Clements market data
Nearby city · ~11.8 mi
Belview market data
Nearby city · ~11.9 mi
Seaforth market data
Nearby city · ~12.5 mi
Wabasso market data
Nearby city · ~12.5 mi
Morgan market data
Nearby city · ~12.6 mi
Vesta market data
Nearby city · ~15.6 mi
Wanda market data
Nearby city · ~17.1 mi
Lucan market data
Nearby city · ~18.0 mi
Sanborn market data
Nearby city · ~23.3 mi
Lamberton market data
Nearby city · ~23.3 mi
Milroy market data
Nearby city · ~24.0 mi
Revere market data
Nearby city · ~25.9 mi
Walnut Grove market data
Nearby city · ~28.7 mi
More Minnesota cities with market guides: Rochester, Bloomington, Duluth, Brooklyn Park, Plymouth, Woodbury, Lakeville, Blaine.
Rochester market data
Same-state city guide
Bloomington market data
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Duluth market data
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Brooklyn Park market data
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Plymouth market data
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Woodbury market data
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Lakeville market data
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Blaine market data
Same-state city guide
Adjacent-county Census places with USAHouses.com pages: Morton (~5.8 mi), Franklin (~10.8 mi), Olivia (~16.7 mi), Danube (~16.9 mi), Renville (~17.6 mi), Bird Island (~18.2 mi), Evan (~18.7 mi), Fairfax (~18.7 mi), Sacred Heart (~20.3 mi), Cobden (~22.2 mi), Springfield (~22.2 mi), Hector (~23.4 mi), Sleepy Eye (~25.4 mi), Buffalo Lake (~27.2 mi), Cottonwood (~28.4 mi), Essig (~28.9 mi).
New construction: New homes near Redwood Falls (Minneapolis St Paul) · Minnesota new construction.
Census & home facts
Redwood Falls data from published sources
Population (ACS 2023)
5,075
Median home value (ACS 2023)
$162,000
Median household income (ACS 2023)
$61,947
Median gross rent (ACS 2023)
$824
County FHFA annual change (2025)
4.68%
Census place type
city
County
Redwood County
Land area (Census Gazetteer 2024)
5.28 sq mi
Census GEOID
2753656
Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.
NewUSAHouses.com communities
Closest verified new-home communities near Redwood Falls
Availability and pricing are controlled by the builder and may change; confirm with the builder.
Carrigan Meadows ↗
JP Brooks Builders · Waverly, Minnesota · ~66.2 mi
The Fields of Waconia ↗
D.R. Horton · Waconia, Minnesota · ~66.5 mi · from $397,990
Waterford ↗
Lennar · Waconia, Minnesota · ~67.2 mi · from $345,990
Preserve of Montrose ↗
JP Brooks Builders · Montrose, Minnesota · ~67.9 mi
Triplett Farms ↗
LGI Homes · Montrose, Minnesota · ~68.1 mi · from $354,900
Local life
Life in Redwood Falls
Schools
REDWOOD AREA SCHOOL DISTRICT — 4 schools, 1,113 students enrolled, per the U.S. Department of Education's Common Core of Data. Redwood addresses may be served by REDWOOD AREA SCHOOL DISTRICT, but attendance zones vary by street — confirm assigned schools with the district before making a move.
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Common questions
Redwood Falls FAQ
What are houses worth in Redwood Falls, MN?
The Census Bureau's American Community Survey puts the median value of houses in Redwood Falls at $162,000.
How much do houses cost in Redwood Falls, MN?
For owner-occupied houses in Redwood Falls, Census ACS data shows a median value of $162,000. Active listing prices in Redwood County may differ — see the market snapshot above.
What types of houses are in Redwood Falls, MN?
Redwood Falls houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Redwood County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.
What is the population of Redwood Falls, MN?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Redwood Falls's population at approximately 5,075.
What's the median rent in Redwood Falls, MN?
The Census ACS estimates median gross rent in Redwood Falls at approximately $824 per month.
What is the median household income in Redwood Falls, MN?
Census ACS data puts the median household income in Redwood Falls at approximately $61,947.
Is the Redwood Falls housing market growing?
Redwood County's FHFA house price index shows a 4.68% annual change in 2025.
Is Redwood Falls, MN affordable relative to income?
Census ACS data puts Redwood Falls's median home value at about 2.6 times the median household income, with median gross rent equal to roughly 16% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
What school district serves Redwood Falls, MN?
Manifest and public school-directory data suggest REDWOOD AREA SCHOOL DISTRICT for many Redwood Falls addresses, but attendance zones vary by street — verify your assigned schools with the district before making a move.
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