Median home value in zip code 56283 (Redwood Falls, MN) is $190,998, up 7.5% year over year.

Home Value$190,998

YoY Change

+7.5%

Prices rising — worse for buyers.

Affordability

Enter your income for 56283 (Redwood Falls).

Income (annual)

Down Payment

$38,200 on $190,998

Example: $75,000 household income. Change it above to see your own.

Affordable20.7% of income

Under the 28% guideline.

PITI$1,294

P/I20.7%

Afford$258K

Room+$67K

P&I $966Tax $178Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Want deeper metro-level analysis?Stress scores, crash risk, 12-month forecasts, and early warning signals for 195 US metros.

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.