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RED WING, MN 55066

Real Estate Market Report  ·  Goodhue County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
79
⇧ 83.7% vs 43 last year
Pending
30
38% pending ratio
Median Price
$300,000
⇩ 6.2% vs $319,975 last year
Average Price
$356,334
⇩ 7.4% vs $384,889 last year
Days on Market
92
⇧ 29.6% vs 71 days last year

Market Context

Population: 19,002  ·  Density: 60.7/mi²  ·  Median household income: $68,925

Typical home value: $227,687  ·  Homeownership: 73.3%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The RED WING, MN real estate market (55066) currently shows 79 active listings, with 30 pending sales. Homes are averaging 92 days on the market before going under contract.

Inventory has increased compared to last year, with 36 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 92 days on market compared to 71 days last year.

The median listing price has fallen 6.2% year-over-year, from $319,975 to $300,000.

Whether you are buying or selling in RED WING, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 79 this year vs 43 last year
  • Days on market: 92 now vs 71 last year

Median & Average Pricing

Year over Year
  • Median: $300,000 (-6.2% YoY)
  • Average: $356,334 (-7.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.6 miles — 227 listings ($98,477,333 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55066Red Wing, MN 550660.0 mi79$28,150,386$300,000$356,334
54014Hager City, WI 540149.1 mi2$949,900$474,950$474,950
55026Frontenac, MN 5502610.2 mi2$1,224,000$612,000$612,000
54011Ellsworth, WI 5401114.4 mi18$8,044,200$377,400$446,900
55956Mazeppa, MN 5595616.0 mi5$3,625,000$725,000$725,000
55009Cannon Falls, MN 5500916.1 mi25$14,242,975$438,400$569,719
55991Zumbro Falls, MN 5599118.8 mi1$649,900$649,900$649,900
54003Beldenville, WI 5400319.6 mi1$1,310,000$1,310,000$1,310,000
55033Hastings, MN 5503320.5 mi59$27,322,192$375,000$463,088
55031Hampton, MN 5503121.7 mi1$448,950$448,950$448,950
55018Dennison, MN 5501822.9 mi1$1,375,000$1,375,000$1,375,000
55963Pine Island, MN 5596323.4 mi31$10,575,030$325,000$341,130
54721Arkansaw, WI 5472124.6 mi2$559,800$279,900$279,900

Frequently Asked Questions

How many homes are for sale in RED WING, MN 55066?

As of January 2026, there are 79 active listings in RED WING, MN (zip code 55066), compared to 43 the prior year.

What is the median home price in RED WING, MN 55066?

The median listing price in RED WING, MN 55066 is $300,000 as of January 2026, a 6.2% decrease from $319,975 the prior year.

How long do homes stay on the market in RED WING, MN?

Homes in RED WING, MN 55066 spend an average of 92 days on the market before going under contract, compared to 71 days the prior year.

Is it a seller's or buyer's market in RED WING, MN 55066?

Based on current inventory and days-on-market data as of January 2026, RED WING, MN 55066 is currently a Buyer's Market. Inventory has increased compared to last year, with 36 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 92 days on market compared to 71 days last year.

How much can I save on real estate commission in RED WING, MN?

With SELL123.com's maximum 3% commission, sellers in RED WING, MN 55066 save an estimated $6,000 compared to a typical 5% commission on the median listing price of $300,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.