Data as of September 2026. Source: Realtor.com.
The REDWOOD FALLS, MN real estate market (56283) currently shows 32 active listings, with 5 pending sales. Homes are averaging 68 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are selling faster, averaging 68 days on market compared to 80 days last year.
The median listing price has risen 22.3% year-over-year, from $212,450 to $259,900.
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 September 2026, there are 32 active listings in REDWOOD FALLS, MN (zip code 56283), compared to 30 the prior year.
The median listing price in REDWOOD FALLS, MN 56283 is $259,900 as of September 2026, a 22.3% increase from $212,450 the prior year.
Homes in REDWOOD FALLS, MN 56283 spend an average of 68 days on the market before going under contract, compared to 80 days the prior year.
Based on current inventory and days-on-market data as of September 2026, REDWOOD FALLS, MN 56283 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 68 days on market compared to 80 days last year.
With SELL123.com's maximum 3% commission, sellers in REDWOOD FALLS, MN 56283 save an estimated $5,198 compared to a typical 5% commission on the median listing price of $259,900. 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.