$2,073 Closing Credit*
$174,563
1,152 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: USA Realty
Housing Prices in Red Lake Falls, MN
How much do homes in Red Lake Falls, MN cost?
Median List Price
$209,000
$133/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$37,000(+21.5%)
Key Takeaway
The list price of homes in Red Lake Falls has increased by 21.5% since last year.
Summary: The median home list price in Red Lake Falls was $209,000 in November 2024, up 21.5% from the previous year, and the median price per square foot was $133.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $129.9K | $154.2K | +18.7% |
| 3 Bedrooms | $172.4K | $209.9K | +21.7% |
| 4 Bedrooms | $241.4K | - | N/A |
| 5+ Bedrooms | $310K | $297.4K | -4.0% |
Summary: Red Lake Falls housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.7%, 3 bedroom homes increased by 21.7%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 4%.
Median List Price Compared To Nearby Cities
| Red Lake Falls | $172K | $209K | +21.5% |
| Red Lake Falls Township | $172K | $209K | +21.5% |
Housing Supply in Red Lake Falls, MN
How many homes are available in Red Lake Falls, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Summary: The Red Lake Falls real estate market had 5 homes for sale in November 2024, a 25.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Red Lake Falls housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Red Lake Falls, MN
How long does it take to sell a home in Red Lake Falls, MN?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 204 Days | 88 Days | -56.5% |
Summary: Homes in Red Lake Falls had an average listing age of 88 days in Nov 2024, down by 56.5% compared to the previous year.
