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
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The residential market is cooling, as evidenced by a pending ratio of 0.29 and active listings increasing 21.7% year-over-year. Median listing prices have experienced a modest month-over-month decline of 2.4%.
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.
Active listings have expanded by 21.7% over the past year, while new listings contracted by 11.5% year-over-year. The pending ratio has declined by 16.8% year-over-year to 0.29, indicating reduced demand absorption. Median days on market have lengthened by 16.3% compared to the prior year, reaching 68 days.
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 lengthening of median days on market to 68 days suggests a slowing pace of transactions. Elevated inventory levels, indicated by the 21.7% year-over-year increase in active listings, are reducing pressure on pricing. The reduced pending ratio implies less competition among prospective purchasers, contributing to a more disciplined pricing environment.
The average listing price increased by 4.7% year-over-year, while the median price declined by 0.3% and median $/sqft dropped 6.6% over the same period. This divergence, coupled with the higher average price relative to the median, suggests potential softness at the higher price tiers.
177 active listings represent the current floor, with new supply arriving at roughly 46 per month.
of active listings carry a price reduction, -1.7% from prior period.
Median price per square foot has moved -6.6% year-over-year.
Pending-to-active ratio — Cooling.
Recommended For This Market
CoolingSelling in Red Wing, MN? Homes here are taking 10 days longer to sell than 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
- 29%
- Median Days on Market
- 68 days
- Inventory YoY
- +22%
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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