Red Wing, MN (Metro) - Trend of Market Heat Index for All Homes (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Market Heat Index for All Homes in the Red Wing, MN Metro in February 2026 was 80. The month over month percentage change (MoM) was 21.21%, and the year over year percentage change (YoY) was 33.33%.

The chart below shows the trend of the market heat index for the Red Wing, MN metro. The table below shows the trend of the market heat index, and the MoM and YoY percentage changes for the Red Wing, MN metro.

You can see similar information for other US metros, and for the United States.

Note: The Market Heat Index is a time series that captures the balance of for-sale supply and demand in a given market. A higher number means the market is more tilted in favor of sellers. It relies on a combination of engagement and listing performance inputs to provide insights into current market dynamics. It is calculated for single-family and condo homes.

Data Source: Zillow.
Red Wing, MN (Metro) - Trend of Market Heat Index for All Homes
Red Wing, MN (Metro) - Trend of Market Heat Index for All Homes
1 – 10 of 98
Month Market Heat Index MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2018 46 NaN NaN
Feb 2018 41 -10.87 NaN
Mar 2018 44 7.32 NaN
Apr 2018 43 -2.27 NaN
May 2018 52 20.93 NaN
Jun 2018 47 -9.61 NaN
Jul 2018 44 -6.38 NaN
Aug 2018 33 -25.00 NaN
Sep 2018 26 -21.21 NaN
Oct 2018 25 -3.85 NaN
Nov 2018 24 -4.00 NaN
Dec 2018 24 0.00 NaN
Jan 2019 33 37.50 -28.26
Feb 2019 55 66.67 34.15
Mar 2019 73 32.73 65.91
Apr 2019 69 -5.48 60.47
May 2019 56 -18.84 7.69
Jun 2019 54 -3.57 14.89
Jul 2019 52 -3.70 18.18
Aug 2019 39 -25.00 18.18
Sep 2019 35 -10.26 34.62
Oct 2019 36 2.86 44.00
Nov 2019 31 -13.89 29.17
Dec 2019 25 -19.35 4.17
Jan 2020 46 84.00 39.39
Feb 2020 61 32.61 10.91
Mar 2020 63 3.28 -13.70
Apr 2020 52 -17.46 -24.64
May 2020 56 7.69 0.00
Jun 2020 67 19.64 24.07
Jul 2020 75 11.94 44.23
Aug 2020 69 -8.00 76.92
Sep 2020 55 -20.29 57.14
Oct 2020 44 -20.00 22.22
Nov 2020 54 22.73 74.19
Dec 2020 63 16.67 152.00
Jan 2021 72 14.29 56.52
Feb 2021 92 27.78 50.82
Mar 2021 118 28.26 87.30
Apr 2021 124 5.09 138.46
May 2021 107 -13.71 91.07
Jun 2021 97 -9.35 44.78
Jul 2021 92 -5.15 22.67
Aug 2021 91 -1.09 31.88
Sep 2021 85 -6.59 54.55
Oct 2021 69 -18.82 56.82
Nov 2021 62 -10.14 14.82
Dec 2021 74 19.36 17.46
Jan 2022 106 43.24 47.22
Feb 2022 120 13.21 30.44
Mar 2022 112 -6.67 -5.08
Apr 2022 96 -14.29 -22.58
May 2022 76 -20.83 -28.97
Jun 2022 67 -11.84 -30.93
Jul 2022 64 -4.48 -30.43
Aug 2022 68 6.25 -25.27
Sep 2022 59 -13.23 -30.59
Oct 2022 54 -8.47 -21.74
Nov 2022 45 -16.67 -27.42
Dec 2022 60 33.33 -18.92
Jan 2023 67 11.67 -36.79
Feb 2023 84 25.37 -30.00
Mar 2023 84 0.00 -25.00
Apr 2023 93 10.71 -3.12
May 2023 88 -5.38 15.79
Jun 2023 86 -2.27 28.36
Jul 2023 76 -11.63 18.75
Aug 2023 64 -15.79 -5.88
Sep 2023 52 -18.75 -11.86
Oct 2023 49 -5.77 -9.26
Nov 2023 50 2.04 11.11
Dec 2023 56 12.00 -6.67
Jan 2024 62 10.71 -7.46
Feb 2024 82 32.26 -2.38
Mar 2024 86 4.88 2.38
Apr 2024 81 -5.81 -12.90
May 2024 73 -9.88 -17.05
Jun 2024 74 1.37 -13.95
Jul 2024 62 -16.22 -18.42
Aug 2024 57 -8.06 -10.94
Sep 2024 46 -19.30 -11.54
Oct 2024 43 -6.52 -12.24
Nov 2024 41 -4.65 -18.00
Dec 2024 51 24.39 -8.93
Jan 2025 51 0.00 -17.74
Feb 2025 60 17.65 -26.83
Mar 2025 70 16.67 -18.60
Apr 2025 72 2.86 -11.11
May 2025 59 -18.06 -19.18
Jun 2025 55 -6.78 -25.68
Jul 2025 60 9.09 -3.23
Aug 2025 68 13.33 19.30
Sep 2025 63 -7.35 36.96
Oct 2025 51 -19.05 18.61
Nov 2025 39 -23.53 -4.88
Dec 2025 50 28.21 -1.96
Jan 2026 66 32.00 29.41
Feb 2026 80 21.21 33.33