56283, Redwood Falls, MN

The 56283 zip code of Redwood Falls, Minnesota is located in the Twin Cities metropolitan area. The median home value in this zip code is $269,000. The home equity index for this zip code is 95.5%. This means that the median home value in this zip code is more than 95% of the median home value in the United States.

The average mortgage rate for homes in this zip code is 3.92%. This means that the average mortgage payment for a home in this zip code is $1,848 per month.

There are a total of 2,906 homes currently listed for sale in the 56283 zip code. The number of listings has increased by 21% since last year and there are now more homes available for purchase than there were at this time last year.

There has been an increase of 18% in the number of days that it takes to sell a home within the 56283 zip code compared to last year. This indicates that there are more buyers interested in purchasing homes within this area and that there may be some opportunities to buy a home sooner rather than later if you are interested in purchasing one.