Red Wing, MN
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's cooling Red Wing market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Red Wing, MN.
The Red Wing metro area is exhibiting cooling market conditions, with the pending ratio currently at 0.33. This indicates a sustained period where demand absorption is significantly trailing available supply. Active listings have expanded by 41.5% over the past year, contributing to this dynamic.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
What's moving the Red Wing market right now.
Inventory growth remains a dominant trend, with active listings increasing by 41.5% year-over-year. Despite this, new listings have contracted by 6.3% over the past year. The median listing price has shown modest appreciation, rising 4.2% year-over-year, while the median price per square foot has seen a decline of 4.2% over the same period. The pending ratio has contracted by 19.7% year-over-year, reinforcing the decelerating market pace.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
The expansion in available active inventory, coupled with a contracting pending ratio, suggests reduced pressure on buyers to engage in competitive bidding scenarios. The extended median days on market, currently at 58, further indicates that transactions are occurring at a more deliberate pace. This environment generally necessitates greater price discipline from sellers to achieve successful closings.
The average listing price has increased by 2.8% year-over-year, while the median price per square foot has declined by 4.2%. This divergence, combined with an elevated average-to-median price spread, suggests some softness developing within the higher-priced segments of the market.
184 active listings represent the current floor, with new supply arriving at roughly 60 per month.
of active listings carry a price reduction, +8.3% from prior period.
Median price per square foot has moved -4.2% year-over-year.
Pending-to-active ratio — Cooling.
Recommended For This Market
CoolingSelling in Red Wing, MN? Inventory is up 42% from last year.
Buyers have leverage in Red Wing, MN. Homes that sell are the ones priced and presented for today's conditions, not last year's.
- Buyer Demand Index
- 33%
- Median Days on Market
- 58 days
- Inventory YoY
- +42%
In a buyer's market, strategy beats timing. See how your home scores in Red Wing, MN and what moves the number.
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Metro Demographics
ZIPs in Red Wing, MN
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