Is Red Wing, MN 55066 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Red Wing is a seller’s market. With about 3.1 months of supply and 31% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.1Under 4 months = seller’s market

Sold above original list30.8%Share of sales, last 3 months

Median sale-to-list99.9%Sold price ÷ list price

Median days on market28Listing to accepted offer

Median price per sq ft$163▲ +0.1% vs. last year

Run the numbers for 55066

Prefilled for 55066Can I win this house?Multiple-offer likelihood for a listing Prefilled for 55066Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Cannon Falls 55009Buyer’s market $208 /sq ft Dennison 55018Balanced $298 /sq ft Frontenac 55026Seller’s market $242 /sq ft Goodhue 55027Seller’s market $219 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology