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Red Wing, MN Housing Market

Last updated May 2026

As of the latest data, the typical home in Red Wing, MN is valued around $330K, up 2.8% over the past 12 months. The market is home to roughly 48K residents. Looking ahead, Curb Report's 12-month price forecast points to mixed signals, housing crash risk is moderate, rental cap rates run near market median, the overall Investment Score grades average. Below you'll find Red Wing, MN's home prices, price forecast, crash and climate risk, property taxes, cap rate, and rental data, updated monthly from Zillow, the Census Bureau, FEMA, and 30+ sources. Create a free account to explore the full interactive map, or analyze a specific listing with Curb Check.

Median home value

$330K

1-year growth

+2.8%

Population

48K

12-mo forecast

Mixed signals

Crash risk

Moderate

Cap rate

Near market median

Net migration

+74

Today

Aug 24, 2026 | every business day | US Treasury

10-year Treasury 4.70%, -4 bp. Mortgage pricing tracks this, so it is the piece of a Red Wing, MN purchase that actually moved today.

What today’s rate does to a Red Wing, MN payment →

Red Wing, MN housing market FAQ

Is now a good time to buy in Red Wing, MN?

Curb Report's 12-month price forecast for Red Wing, MN currently points to mixed signals, with moderate housing crash risk. Create a free account to see the full forecast, the signals driving it, and historical trends before you buy.

What is the housing crash risk in Red Wing, MN?

Red Wing, MN's housing crash risk is currently moderate, based on price-to-income, inventory, days-on-market, and overvaluation signals. See the full Crash Risk breakdown and what's driving it on Curb Report.

What is the median home price in Red Wing, MN?

The typical home value in Red Wing, MN is about $330K, up 2.8% over the past year. Explore the full price history and 12-month forecast on Curb Report.

Is Red Wing, MN a good place to invest in rental property?

In Red Wing, MN, rental cap rates run near market median and the overall Investment Score grades average. Use the Curb Check tool to paste any Zillow or Redfin listing and get instant cap rate, cash flow, and a risk read for that specific property.

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