Current Price

$198,863

1 Month Forecast

â–² $219,019

1-Year Forecast *

â–² $227,273

5-Year Forecast *

â–² $228,252

"Is it a good time to buy homes in Red Lake Falls?" "Does investing in real estate in Red Lake Falls (Minnesota State, Red Lake County) worth it?" According to our live Forecast System, buying a house in Red Lake Falls is a good short-term (1-year) investment*. The Red Lake Falls average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Red Lake Falls" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Red Lake Falls in Minnesota State, Red Lake County. If you are looking for homes for sale with good flipping profit, Red Lake Falls can be a profitable property investment option. The median price of an average house in Red Lake Falls was 198,863 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Red Lake Falls" area is 228,252 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +14.78% meaning that investing 100000 USD today may yield a profit of 14,779 USD by 2031.

Current Median Listing Price: 198,863 USD Median Listing Price Per Square Foot: 110 USD

Red Lake Falls Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Red Lake Falls (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Red Lake Falls Price Target

Red Lake Falls median home price target in 12 months: $227,273* (upside of 14.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $216,489 $217,327 $216,489 $218,442
2024 $192,184 $198,863 $189,970 $201,028
2023 $211,818 $196,016 $196,016 $216,618
2022 $202,059 $213,678 $202,059 $219,697
2021 $190,425 $199,391 $190,425 $202,434
2020 $175,417 $188,498 $175,417 $188,498
2019 $170,021 $175,501 $170,021 $176,133
2018 $170,005 $170,095 $170,005 $175,684
2017 $162,283 $169,630 $162,283 $169,630
2016 $0 $161,029 $0 $161,029
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Red Lake Falls Housing Market Forecast

How much does an average home cost in Red Lake Falls today?

The value of an average home (the listing price) in Red Lake Falls is $198,863 USD.

What is the average price per square foot in Red Lake Falls?

According to Walletinvestor the median price per square foot in Red Lake Falls is 110 USD.

Will the median listing price of homes in Red Lake Falls grow / rise / go up?

Yes. The Red Lake Falls home prices may rise from 198,863 USD to 227,273 USD in one year.

Is it profitable to invest in Red Lake Falls homes?

Yes. The long-term profit potential is +14.29% in one year.

Will Red Lake Falls house prices fall / drop?

No. See above.

What is the predicted price of a Red Lake Falls home in 2030?

The predicted home sales price of a Red Lake Falls home in 2030 in Red Lake Falls is 225,784 USD.

What is the predicted price of a Red Lake Falls home in 2035?

The predicted home sales price of a Red Lake Falls home in 2035 in Red Lake Falls is 240,017 USD.

Will real estate prices decrease in Red Lake Falls?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Red Lake Falls is the 13410. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Red Lake, Red Lake Falls decreased, looking at the past 12 months.

According to Walletinvestor's Red Lake Falls real estate market research, home values will increase in the next 12 months.

Median home values decreased by 8.963% to 198,863 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 13.986% in 2021
  • 16.096% in 2022
  • 13.976% in 2023
  • 12.346% in 2024
  • 14.926% in 2025
  • 13.796% in 2026

Based on our Red Lake Falls real estate market research and report the predicted sales prices will increase by 280.141% in the next 10 years.

Over the last 12 months, the value of homes in Red Lake Falls fluctuated: increasing 1 times and decreasing 3 times.

Red Lake Falls (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Red Lake Falls Housing Market Forecast with Real Estate Prices for 2025
August 2025 219019 200621 237416
September 2025 220884 205864 235904
October 2025 222765 201379 244150
November 2025 224662 207587 241736
December 2025 223869 208646 239092
Red Lake Falls Housing Market Forecast with Real Estate Prices for 2026
January 2026 222173 203511 240836
February 2026 220912 199704 242119
March 2026 220830 207139 234522
April 2026 221565 204061 239068
May 2026 223452 206022 240881
June 2026 225354 211833 238876
July 2026 227273 210001 244546
August 2026 229209 210872 247546
September 2026 231161 217060 245261
October 2026 233129 215644 250614
November 2026 234184 220367 248001
December 2026 234335 216760 251911
Red Lake Falls Housing Market Forecast with Real Estate Prices for 2027
January 2027 233625 211431 255820
February 2027 232365 220514 244216
March 2027 230718 209031 252406
April 2027 228971 208822 249121
May 2027 227237 209967 244507
June 2027 225727 209700 241754
July 2027 227604 205981 249226
August 2027 229542 217606 241478
September 2027 231497 210662 252331
October 2027 230039 207955 252123
November 2027 228297 211175 245419
December 2027 226568 211841 241295
Red Lake Falls Housing Market Forecast with Real Estate Prices for 2028
January 2028 224852 210462 239243
February 2028 223149 206636 239662
March 2028 221459 207729 235190
April 2028 219782 199123 240442
May 2028 218118 205903 230332
June 2028 216466 196984 235948
July 2028 217441 206569 228313
August 2028 219293 205258 233327
September 2028 221160 203246 239074
October 2028 223043 205869 240218
November 2028 224036 206114 241959
December 2028 223677 205112 242242
Red Lake Falls Housing Market Forecast with Real Estate Prices for 2029
January 2029 221983 201560 242405
February 2029 221362 199447 243276
March 2029 221387 201905 240869
April 2029 221875 202350 241400
May 2029 223765 202955 244575
June 2029 224872 207332 242412
July 2029 225784 205011 246556
August 2029 225325 210003 240648
September 2029 224566 205703 243430
October 2029 224525 209707 239344
November 2029 224632 213400 235863
December 2029 226380 208496 244264
Red Lake Falls Housing Market Forecast with Real Estate Prices for 2030
January 2030 228308 208673 247942
February 2030 230252 212983 247521
March 2030 232213 209920 254505
April 2030 231393 209179 253606
May 2030 229640 210810 248471
June 2030 228337 211896 244777
July 2030 228252 215699 240806
August 2030 229012 212523 245500
September 2030 230962 219414 242510
October 2030 232928 212198 253659
November 2030 234912 215884 253940
December 2030 236912 214880 258945
Red Lake Falls Housing Market Forecast with Real Estate Prices for 2031
January 2031 238930 222444 255416
February 2031 240965 223133 258796
March 2031 242054 228257 255852
April 2031 242211 229858 254564
May 2031 241477 225540 257415
June 2031 240175 220961 259389
July 2031 238473 216056 260889
August 2031 236667 219153 254180
September 2031 234874 214206 255543
October 2031 233314 219781 246846
November 2031 235253 212434 258073
December 2031 237257 218276 256237
Red Lake Falls Housing Market Forecast with Real Estate Prices for 2032
January 2032 239277 223963 254591
February 2032 237771 221127 254415
March 2032 235970 222520 249420
April 2032 234183 210999 257367
May 2032 232409 214281 250537
June 2032 230649 218194 243104
July 2032 228903 211735 246070

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.