Active Listings
28
⇧ 27.3% vs 22 last year
Population: 6,410 · Density: 13.9/mi² · Median household income: $67,766
Typical home value: $171,327 · Homeownership: 74.7%
Data as of January 2026. Source: Realtor.com.
The REDWOOD FALLS, MN real estate market (56283) currently shows 28 active listings, with 4 pending sales. Homes are averaging 80 days on the market before going under contract.
Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.
Homes are selling faster, averaging 80 days on market compared to 93 days last year.
The median listing price has fallen 29.4% year-over-year, from $264,900 to $186,900.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56283 | Redwood Falls, MN 56283 | 0.0 mi | 28 | $6,480,936 | $186,900 | $231,462 |
| 56293 | Wabasso, MN 56293 | 10.1 mi | 2 | $212,000 | $106,000 | $106,000 |
| 56266 | Morgan, MN 56266 | 13.8 mi | 5 | $1,004,375 | $230,500 | $200,875 |
| 56255 | Lucan, MN 56255 | 16.6 mi | 2 | $427,300 | $213,650 | $213,650 |
| 56277 | Olivia, MN 56277 | 17.9 mi | 16 | $3,800,528 | $242,000 | $237,533 |
| 55310 | Bird Island, MN 55310 | 20.2 mi | 4 | $738,400 | $201,950 | $184,600 |
| 56297 | Wood Lake, MN 56297 | 20.9 mi | 1 | $180,000 | $180,000 | $180,000 |
| 55332 | Fairfax, MN 55332 | 21.4 mi | 4 | $1,211,040 | $265,000 | $302,760 |
| 56152 | Lamberton, MN 56152 | 22.1 mi | 2 | $365,000 | $182,500 | $182,500 |
| 55342 | Hector, MN 55342 | 24.9 mi | 3 | $780,000 | $230,000 | $260,000 |
| 56180 | Walnut Grove, MN 56180 | 25.6 mi | 4 | $689,900 | $164,950 | $172,475 |
| 56241 | Granite Falls, MN 56241 | 28.2 mi | 11 | $2,981,418 | $267,200 | $271,038 |
| 56229 | Cottonwood, MN 56229 | 28.9 mi | 2 | $510,000 | $255,000 | $255,000 |
As of January 2026, there are 28 active listings in REDWOOD FALLS, MN (zip code 56283), compared to 22 the prior year.
The median listing price in REDWOOD FALLS, MN 56283 is $186,900 as of January 2026, a 29.4% decrease from $264,900 the prior year.
Homes in REDWOOD FALLS, MN 56283 spend an average of 80 days on the market before going under contract, compared to 93 days the prior year.
Based on current inventory and days-on-market data as of January 2026, REDWOOD FALLS, MN 56283 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 80 days on market compared to 93 days last year.
With SELL123.com's maximum 3% commission, sellers in REDWOOD FALLS, MN 56283 save an estimated $3,738 compared to a typical 5% commission on the median listing price of $186,900. 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.