The median home value in Red Lake Falls, MN is $162,500. This is higher than the county median home value of $121,600. The national median home value is $219,700. The average price of homes sold in Red Lake Falls, MN is $162,500. Approximately 67.82% of Red Lake Falls homes are owned, compared to 22.61% rented, while 9.57% are vacant. Red Lake Falls real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Red Lake Falls real estate agent to arrange a tour today!
Red Lake Falls, Minnesota has a population of 1,366. Red Lake Falls is less family-centric than the surrounding county with 25.25% of the households containing married families with children. The county average for households married with children is 31.28%.
The median household income in Red Lake Falls, Minnesota is $47,125. The median household income for the surrounding county is $52,500 compared to the national median of $57,652. The median age of people living in Red Lake Falls is 46.5 years.
The average high temperature in July is 79.5 degrees, with an average low temperature in January of -3.9 degrees. The average rainfall is approximately 23 inches per year, with 44.7 inches of snow per year.