Active Listings
30
⇧ 76.5% vs 17 last year
Data as of March 2026. Source: Realtor.com.
The REDWOOD FALLS, MN real estate market (56283) currently shows 30 active listings, with 10 pending sales. Homes are averaging 111 days on the market before going under contract.
Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.
Homes are selling faster, averaging 111 days on market compared to 115 days last year.
The median listing price has fallen 28.9% year-over-year, from $263,900 to $187,650.
Whether you are buying or selling in REDWOOD FALLS, 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.
Population: 6,410 · Density: 13.9/mi² · Median household income: $67,766
Typical home value: $171,327 · Homeownership: 74.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56283 | Redwood Falls, MN 56283 | 0.0 mi | 31 | $7,679,103 | $199,900 | $247,713 |
| 56293 | Wabasso, MN 56293 | 10.1 mi | 2 | $207,000 | $103,500 | $103,500 |
| 56266 | Morgan, MN 56266 | 13.8 mi | 5 | $1,003,390 | $240,250 | $200,678 |
| 56255 | Lucan, MN 56255 | 16.6 mi | 2 | $424,850 | $212,425 | $212,425 |
| 56277 | Olivia, MN 56277 | 17.9 mi | 14 | $3,277,484 | $238,500 | $234,106 |
| 55310 | Bird Island, MN 55310 | 20.2 mi | 4 | $670,600 | $181,150 | $167,650 |
| 56297 | Wood Lake, MN 56297 | 20.9 mi | 1 | $175,000 | $175,000 | $175,000 |
| 55332 | Fairfax, MN 55332 | 21.4 mi | 3 | $904,200 | $301,400 | $301,400 |
| 56152 | Lamberton, MN 56152 | 22.1 mi | 4 | $635,000 | $180,000 | $158,750 |
| 55342 | Hector, MN 55342 | 24.9 mi | 3 | $771,375 | $202,425 | $257,125 |
| 56180 | Walnut Grove, MN 56180 | 25.6 mi | 6 | $827,232 | $113,750 | $137,872 |
| 56241 | Granite Falls, MN 56241 | 28.2 mi | 14 | $3,489,010 | $228,750 | $249,215 |
| 56229 | Cottonwood, MN 56229 | 28.9 mi | 2 | $428,250 | $214,125 | $214,125 |
As of March 2026, there are 30 active listings in REDWOOD FALLS, MN (zip code 56283), compared to 17 the prior year.
The median listing price in REDWOOD FALLS, MN 56283 is $187,650 as of March 2026, a 28.9% decrease from $263,900 the prior year.
Homes in REDWOOD FALLS, MN 56283 spend an average of 111 days on the market before going under contract, compared to 115 days the prior year.
Based on current inventory and days-on-market data as of March 2026, REDWOOD FALLS, MN 56283 is currently a Balanced Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are selling faster, averaging 111 days on market compared to 115 days last year.
With SELL123.com's maximum 3% commission, sellers in REDWOOD FALLS, MN 56283 save an estimated $3,753 compared to a typical 5% commission on the median listing price of $187,650. 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.