Redwood County

A local view of the market.

The real estate market in Redwood County, Minnesota, is currently experiencing a slight decline. As of October 2024, the median listing home price was $194,000, which represents a 3% decrease from the previous year. The median home sold price was $151,000, with homes selling for about 3.93% below the asking price on average. Redwood County's top cities include Redwood Falls, Morgan, Lamberton, and Walnut Grove. Redwood Falls is the largest city with a population of approximately 5,103. Morgan follows with a population of 890, Lamberton with 796, and Walnut Grove with 749 residents. Living in Redwood County offers a blend of rural and suburban lifestyles, with a strong emphasis on agriculture and farming. The county's economy is supported by industries such as agriculture, manufacturing, and retail. People are drawn to Redwood County for its affordable housing and the appeal of a quieter, rural lifestyle, which contrasts with the hustle and bustle of urban areas. The county's scenic landscapes and community-focused living are attractive to those seeking a peaceful environment.