Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 15,383 ↓ 0.3% since 2020 |
| Median Household Income | $67,024 10% below national median |
| Median Home Value | $150,400 |
| Unemployment Rate | 1.9% |
| Median Age | 41.1 years |
| Housing Vacancy Rate | 13.3% |
| Total Land Sales (Past 12 Months) | 13 transactions |
| Active Listings | 4 properties |
| Avg Days on Market | 552 days |
Rural Land Sales (1+ Acres) (Apr 2025 – Jan 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $13,060 |
| Recent Sales | 12 transactions |
| Avg Days on Market | 206 days |
| Avg Parcel Size | 52.02 acres |
| Active Listings | 1 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Jan 2026 | 1.00 | $15,000 | $15,000 | Somerville Ave | Morgan |
| Dec 2025 | 155.28 | $1,630,440 | $10,500 | Section #24 | Redwood Falls |
| Nov 2025 | 1.14 | $33,000 | $28,947 | Oakwood Dr | Redwood Falls |
| Sep 2025 | 5.36 | $70,000 | $13,060 | Oak Saint Rwf W | Redwood Falls |
| Sep 2025 | 40.00 | $433,000 | $10,825 | X #X | Wabasso |
| Sep 2025 | 147.50 | $1,080,437 | $7,325 | Section #17 | Vesta |
| Jul 2025 | 29.56 | $255,000 | $8,627 | 37449 340th St | Redwood Falls |
| Jun 2025 | 7.50 | $140,000 | $18,667 | Wood Lots Section #34 | Redwood Falls |
| Jun 2025 | 2.00 | $100,000 | $50,000 | State Highway 68 | Morgan |
| May 2025 | 1.30 | $17,000 | $13,077 | Bare Lots Hibbard St W | Belview |
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Apr 2025 | 81.00 | $852,525 | $10,525 | Section #27 | Wabasso |
| Apr 2025 | 152.55 | $1,624,657 | $10,650 | Section 27 New Avon Township Byp | Wabasso |
Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Sep 2025)
| Metric | Value |
|---|---|
| Median Lot Price | $24,900 |
| Recent Sales | 1 transactions |
| Avg Days on Market | 165 days |
| Avg Parcel Size | 0.23 acres |
| Active Listings | 3 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Sep 2025 | 0.23 | $24,900 | 516 Northwood Dr | Redwood Falls |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 15,383 |
| Population (2020) | 15,425 |
| Population Growth | -0.27% |
| Median Household Income | $67,024 |
| Median Home Value | $150,400 |
| Total Housing Units | 7,103 |
| Vacant Housing Units | 947 |
| Housing Vacancy Rate | 13.3% |
| Median Age | 41.1 |
| Bachelor's Degree or Higher | 1,585 (10.3%) |
| Unemployment Rate | 1.9% |
Market Overview
Redwood County, Minnesota has a population of 15,383, which has declined 0.27% since 2020. The median household income is $67,024, below the national median of $74,580 by 10.1%. The housing vacancy rate of 13.3% suggests soft market conditions. Redwood County is part of Minnesota's land market, attracting both local and out-of-state buyers. Recent rural land sales show a median price of $10,525 per acre, with properties averaging 66.80 acres. There are currently 4 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Redwood County, Minnesota?
As of the 2023 American Community Survey, Redwood County has a population of 15,383. The county has declined 0.27% since the 2020 Census.
What is the median household income in Redwood County?
The median household income in Redwood County is $67,024, which is 10.1% below the national median of $74,580.
Is Redwood County growing or shrinking?
Redwood County is shrinking. The population has declined 0.27% since 2020.
What is the housing market like in Redwood County?
The median home value in Redwood County is $150,400. The housing vacancy rate is 13.3%, which suggests soft market conditions. The unemployment rate is 1.9%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $10,525 per acre. Suburban/urban lots under 1 acre have a median lot price of $7,666.
Does Reelvest buy land in Redwood County, Minnesota?
Yes! Reelvest Properties buys vacant land throughout Minnesota, including Redwood County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.