Active Listings
34
⇩ 5.6% vs 36 last year
Data as of July 2026. Source: Realtor.com.
The REDWOOD FALLS, MN real estate market (56283) currently shows 34 active listings, with 6 pending sales. Homes are averaging 74 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 74 days on market compared to 48 days last year.
The median listing price has risen 2.9% year-over-year, from $239,925 to $246,825.
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 July 2026, there are 34 active listings in REDWOOD FALLS, MN (zip code 56283), compared to 36 the prior year.
The median listing price in REDWOOD FALLS, MN 56283 is $246,825 as of July 2026, a 2.9% increase from $239,925 the prior year.
Homes in REDWOOD FALLS, MN 56283 spend an average of 74 days on the market before going under contract, compared to 48 days the prior year.
Based on current inventory and days-on-market data as of July 2026, REDWOOD FALLS, MN 56283 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 74 days on market compared to 48 days last year.
With SELL123.com's maximum 3% commission, sellers in REDWOOD FALLS, MN 56283 save an estimated $4,937 compared to a typical 5% commission on the median listing price of $246,825. 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.