Why Live in Red Wing
Red Wing is an outdoor oasis along the Mississippi River, located an hour south of Minneapolis. Known for its parks, novelty restaurants, and revitalized downtown district, Red Wing is home to several leading manufacturers, including Red Wing Shoes, 3M, and BIC. Memorial Park offers a 268-acre space with disc golf, hiking trails, and cross-country ski trails, while Colvill Park features five boat launches, four marinas, and the Red Wing Water Park. Attractions include the Treasure Island Resort & Casino's 16,000-seat amphitheater, the world’s largest boot at the Red Wing Shoes flagship store, and the historic Sheldon Theater. The city hosts popular events like the fall arts festival and holiday stroll. Downtown Red Wing boasts locally-owned shops and restaurants, with the Old West Main District featuring favorites like Red Wing Brewery and Kelly's Tap House Bar & Grill. Housing options include two-story, ranch-style, Craftsman, and Four-Square homes, with prices typically around $293,000. Amtrak provides daily service to Chicago, Milwaukee, and St. Paul, while U.S. Route 61 and U.S. Route 63 offer convenient road travel. Minneapolis-Saint Paul International Airport is 50 miles away, and Mayo Clinic’s Red Wing Campus is within city limits. Despite heavy flood risks near the Mississippi River, Red Wing's crime rates are lower than the national average.
Home Trends in Red Wing, MN
On average, homes in Red Wing, MN sell after 54 days on the market compared to the national average of 50 days. The median sale price for homes in Red Wing, MN over the last 12 months is $295,000, up 11% from the median home sale price over the previous 12 months.
Median Sale Price
$295,000
Median Single Family Sale Price
$300,000
Median Townhouse Sale Price
$453,000
Average Price Per Sq Ft
$176
Number of Homes for Sale
54
Last 12 months Home Sales
224
Median List Price
$300,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
11%