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MN area data

Redwood Falls, MN

Redwood Falls, MN.

Population: 6,481 (Census ACS)

The median home value in Redwood Falls, MN is $202,327 — up 6.8% over the past year. 4 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with coldwave, drought, hail the top-rated hazards. Cost of living is 10.0% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$202,327

Median home value

+6.8%

1-year change

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$202,327
1-year appreciation
+6.8%
3-year appreciation
+9.6%
5-year appreciation
+28.6%
10-year appreciation
+77.7%
All-time peak (2026-07)
$202,327
House Price Index (state)
429.3 (+3.3% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

For-sale inventory
32
New listings (monthly)
7

Source: recent area sales and market data (ZIP-level)

Affordability

Cost of living index (Below Average)
90.0 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
4
Elementary schools
1
Middle schools
1
High schools
2
Schools include
REDWOOD VALLEY SENIOR HIGH, REEDE GRAY ELEMENTARY, REDWOOD VALLEY MIDDLE, REDWOOD VALLEY ALTERNATIVE

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
coldWave, drought, hail, strongWind, winterWeather
Notable hazard ratings (county)
coldWave: Relatively Moderate · drought: Relatively Moderate · hail: Relatively Moderate · heatWave: Relatively Low · iceStorm: Relatively Low · inlandFlooding: Relatively Low
Wildfire risk to homes (county)
Higher than 11% of US counties
Buildings in wildfire direct-exposure zone
36.8%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
45.0°F
Average high
55.0°F
Average low
35.0°F
Annual precipitation
30.0 in
Annual snowfall
49.2 in
USDA plant hardiness zone
5a (extreme annual low -20 to -15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

Airports within 30 mi
12
Nearest airport
Fuhr Flying Svc Airport (6 mi)
Nearest major airport
Redwood Falls Municipal Airport (RWF) (6 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
CENTRACARE - REDWOOD
EV charging stations (within 10 mi)
6
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-17 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,973
Housing built before 1970
44.9%
Housing built 2000 or later
12.9%
Median annual property tax
$1,910
Mean commute to work
13 min
Households with broadband internet
70.3%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
4,877
Average weekly wage
$1,024
Top industries (by employment)
Finance & Insurance, Wholesale Trade, Accommodation & Food
Annual residential building permits (county)
15

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

Redwood FallsState medianUS median
Median home value$202,327$304,931$289,727
Median annual property tax$1,910$2,128$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Redwood Falls, MN?
$202,327.
What is the natural-hazard risk in Redwood Falls, MN?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: coldWave, drought, hail, strongWind, winterWeather.
What is the wildfire risk in Redwood Falls, MN?
Risk to homes is higher than 11% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Redwood Falls, MN?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Redwood Falls, MN?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Redwood Falls, MN?
4 schools (1 elementary, 1 middle, 2 high) (NCES, 2022-23).
What is the cost of living in Redwood Falls, MN?
Regional Price Parity: 90.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Redwood Falls

Selling a home in Redwood Falls, MN?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents