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 56750 has a population of 1,267. Red Lake Falls 56750 is more family-centric than the surrounding county with 30.48% 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 56750 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 56750 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.