Photo: Jon Platek · CC BY-SA 3.062 homes sold in Redwood Falls in the last year, at a typical $194K
Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Redwood Falls homes are listed.
Every place Redwood Falls homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Redwood Falls.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 0% of Redwood Falls’ sales, at a typical — (year to May 2026)
62 homes sold in the year to September 2026.
Fewer homes sell than before 2022, at twice the 2016 price
62 sales in the last year, against 102 in 2021 and a low of 58 in 2025. The typical sale went from $96K in 2016 to $194K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
Bidding wars in Redwood Falls are back to pre-pandemic levels, but a third fewer homes come up for sale
We read every month of Redwood Falls’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 62 sales.
If you’re buying in Redwood Falls
- Shop in July. It brings about 10 new listings a month, close to the busiest month, with fewer bidding wars (10% over asking).
- Offer under asking. Buyers paid 95.3% of the list price on average; 14% paid over.
- You’ll usually have time. Only 30% of homes go under contract within two weeks; the typical one takes 67 days.
Summer brings the homes; fall brings the bidding wars
June has the most new listings (about 11 a month), but October is the most competitive: 16% of October sales close over asking. February has the least competition (9%) but only about 5 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Minnesota
| Redwood Falls now | 2017–19 | 2021 peak | MN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 14% | 14% | 13% | 29% |
| Gone within two weeksShare of homes under contract within 14 days | 30% | 12% | 37% | 40% |
| Price paid vs. askingAverage sale price ÷ list price | 95.3% | 94.7% | 95.6% | 99% |
| Days to sellMedian days from listing to contract | 67 | 100 | 46 | 38 |
24 homes for sale on a typical day
That’s 1.5 times the 2022 low (15), 35% fewer than in 2017–19 and well under 2016’s 58.
Redwood Falls ranks 159th of 165 busy Minnesota markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Redwood Falls is one of the state’s calmer markets.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Redwood Falls home costs about $1,195 a month
Price: Redwood Falls’ typical sale, last 12 months. Property tax at Redwood Falls’ 1.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Redwood Falls is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. February has the fewest, about 5.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $194K home, about $2,200 a year.
Taxes vs. neighborsSchools
The schools grade for Redwood Falls, from test results, graduation and how much students grow.
Schools in Redwood FallsTypical commute
The average one-way trip to work for people who live in Redwood Falls.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Olivia and Springfield sell for less a square foot
The busier markets within 25 miles of Redwood Falls, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Redwood Falls | 62 | $194K | $107 | 14% | 67 |
| Springfield | 25 | $140K | $86 | 12% | 93 |
| Olivia | 23 | $200K | $101 | 19% | 81 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Redwood Falls, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Redwood Falls. People who follow the town see it, and so do people comparing Redwood Falls with their own town. No commission, no listing fee.
Questions about buying a home in Redwood Falls
What do homes sell for in Redwood Falls, MN?
62 homes sold in the year to September 2026 at a typical $194K, $107 a square foot.
Is Redwood Falls a buyer’s or seller’s market?
A seller’s market: 21 homes were for sale in September 2026 and 6 sold, about 3.3 months of supply. Buyers paid 95.3% of asking on average.
When is the best time to buy in Redwood Falls?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Redwood Falls?
About 1.1% of a home’s value a year. On a $194K home that’s near $2,200.
Where can I see homes for sale in Redwood Falls?
Zillow, Redfin, Realtor.com and Homes.com all carry Redwood Falls’ MLS listings; the search links above open each one filtered to Redwood Falls.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).