Red Wing, MN

Metro area in Minnesota · Updated Jan 2026

12-Month Forecast ↑ +0.2%

Median Home Value

$313,663

↑ +3.4%

Year-over-year

Median Rent

$1,113/mo

Year-over-year

Rental Yield

4.3%

Average yield

5-Year Appreciation

+29.7%

Active Listings

149

For-sale inventory

Price-to-Rent Ratio

23.5

Favors renting

Price Forecast

1 Month

↑ +0.2%

3 Months

↑ +0.4%

12 Months

↑ +0.2%

5-Year Price Trend

Calculate your mortgage for Red Wing, MN

See monthly payments for a $313,663 home →

Should you rent or buy in Red Wing, MN?

Price-to-rent ratio: 23.5x — Renting may be smarter. Run a full breakeven analysis with Red Wing, MN numbers pre-filled →

Frequently Asked Questions