The median home value in Red Lake Falls, MN is $156,400. This is higher than the county median home value of $155,200. The national median home value is $338,100. The average price of homes sold in Red Lake Falls, MN is $156,400. Approximately 68.86% of Red Lake Falls homes are owned, compared to 21.22% rented, while 9.92% 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 1,267. Red Lake Falls is less family-centric than the surrounding county with 28.53% of the households containing married families with children. The county average for households married with children is 30.31%.
The median household income in Red Lake Falls, Minnesota is $53,125. The median household income for the surrounding county is $62,417 compared to the national median of $69,021. The median age of people living in Red Lake Falls is 47.1 years.
The average high temperature in July is 80.2 degrees, with an average low temperature in January of -3.6 degrees. The average rainfall is approximately 23.4 inches per year, with 40.3 inches of snow per year.