Red Wing, MN Real Estate Market 2026

Investor-grade market analytics for Red Wing, Minnesota. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.

Median Home Price

$323,372

+1.8% year-over-year

Est. Rental Yield

5.0%

gross annual

12-Month Forecast

+1.8%

base case (Zillow ZHVF)

+1.8% year-over-year

Climate Risk

25/100

Low

Market Momentum

๐ŸŒค๏ธ
Warm
2.3mo supply ยท Score +3/7

Net migration: Top 32% nationally

Income Migration

โžก๏ธ Neutral1.05x

In-migrants avg $64,902 AGI vs out-migrants $61,890

Red Wing Market Summary

Red Wing, MN is in a stabilization phase with 1.8% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability remains favorable with a price-to-income ratio of 3.91x, below the national average of 4.8x. Modest net positive migration (+73 returns/year) provides steady demand support. Climate risk remains low (25/100), favorable for long-term investment stability. Rental yield of 4.96% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score87/100
Price-to-Income Ratio3.9x (national avg 4.8x)
Median Household Income$82,749

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+0.9%
Base Case+1.8%
Bull Case+2.7%

Climate & Natural Hazard Risk

Red Wing, MN's primary climate exposure is tornadoes (50/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Red Wing dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.