The median home value in Red Lake Falls, MN is $122,300. 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 $122,300. 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 56750 has a population of 1,366. Red Lake Falls 56750 is less family-centric than the surrounding county with 27.08% 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 56750 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 56750 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.