Zip Code: 56283 (Redwood Falls, Minnesota) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the 56283 Zip Code (Redwood Falls, Minnesota) in February 2026 was $190,998.172. The month over month percentage change (MoM) was 0.62%, and the year over year percentage change (YoY) was 7.46%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 56283 zip code (Redwood Falls, Minnesota). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 56283 zip code (Redwood Falls, Minnesota).

You can see similar information for other Minnesota zip codes, and for Minnesota.

Note: Zillow Home Value Index (ZHVI) is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Data Source: Zillow.
Zip Code: 56283 (Redwood Falls, Minnesota) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 56283 (Redwood Falls, Minnesota) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 99982.04339509197 0.20 7.83
Feb 2015 100141.09330443553 0.16 7.30
Mar 2015 100620.09733640104 0.48 7.00
Apr 2015 101320.55927716248 0.70 6.60
May 2015 102310.8464183566 0.98 6.74
Jun 2015 103084.57909682767 0.76 6.09
Jul 2015 103694.15825918155 0.59 5.33
Aug 2015 104282.8886567476 0.57 4.82
Sep 2015 104566.1426893605 0.27 4.82
Oct 2015 104742.23372493638 0.17 5.05
Nov 2015 104704.42170024914 -0.04 5.15
Dec 2015 105196.86450795144 0.47 5.42
Jan 2016 105807.72188863624 0.58 5.83
Feb 2016 106351.26549196691 0.51 6.20
Mar 2016 106584.04001224705 0.22 5.93
Apr 2016 106823.0520794019 0.22 5.43
May 2016 107289.6650163618 0.44 4.87
Jun 2016 107912.84815361565 0.58 4.68
Jul 2016 108324.7288953667 0.38 4.47
Aug 2016 108795.70953509769 0.44 4.33
Sep 2016 109141.27853279765 0.32 4.38
Oct 2016 109975.57934511376 0.76 5.00
Nov 2016 110636.71493780024 0.60 5.67
Dec 2016 111524.2184717368 0.80 6.02
Jan 2017 112276.22521957902 0.67 6.11
Feb 2017 112875.20106694144 0.53 6.13
Mar 2017 113071.90006968491 0.17 6.09
Apr 2017 112915.77894734545 -0.14 5.70
May 2017 112744.45676369236 -0.15 5.08
Jun 2017 112702.77230785172 -0.04 4.44
Jul 2017 112982.317002031 0.25 4.30
Aug 2017 113282.67267298436 0.27 4.12
Sep 2017 113870.05024402041 0.52 4.33
Oct 2017 114752.99935859861 0.78 4.34
Nov 2017 115895.45657587908 1.00 4.75
Dec 2017 117018.02898399609 0.97 4.93
Jan 2018 118152.60886844502 0.97 5.23
Feb 2018 119263.73320311964 0.94 5.66
Mar 2018 120754.23050304553 1.25 6.79
Apr 2018 121689.38489336276 0.77 7.77
May 2018 122335.2741175022 0.53 8.51
Jun 2018 122506.45855696876 0.14 8.70
Jul 2018 122961.72579266566 0.37 8.83
Aug 2018 123313.02768349748 0.29 8.85
Sep 2018 123352.59688166603 0.03 8.33
Oct 2018 123341.75702657021 -0.01 7.49
Nov 2018 123857.82624287652 0.42 6.87
Dec 2018 124457.29825633446 0.48 6.36
Jan 2019 125335.62880772648 0.71 6.08
Feb 2019 125723.30700708732 0.31 5.42
Mar 2019 126049.73499649017 0.26 4.39
Apr 2019 125997.36621422334 -0.04 3.54
May 2019 125709.15488320582 -0.23 2.76
Jun 2019 125390.8110545028 -0.25 2.35
Jul 2019 124783.0353492683 -0.48 1.48
Aug 2019 124396.71698611118 -0.31 0.88
Sep 2019 124200.08935703272 -0.16 0.69
Oct 2019 124557.28367352037 0.29 0.99
Nov 2019 125396.48266822689 0.67 1.24
Dec 2019 126505.93934693716 0.89 1.65
Jan 2020 127286.02980176873 0.62 1.56
Feb 2020 127920.60547839796 0.50 1.75
Mar 2020 128706.40322807727 0.61 2.11
Apr 2020 130021.99612117042 1.02 3.19
May 2020 131241.52749545706 0.94 4.40
Jun 2020 131738.4958217179 0.38 5.06
Jul 2020 131734.70558048526 0.00 5.57
Aug 2020 131746.51270692635 0.01 5.91
Sep 2020 132981.649217285 0.94 7.07
Oct 2020 134531.32265298252 1.17 8.01
Nov 2020 136321.73736567734 1.33 8.71
Dec 2020 137410.84990932725 0.80 8.62
Jan 2021 138707.93108674858 0.94 8.97
Feb 2021 139884.59771647147 0.85 9.35
Mar 2021 140853.34358956004 0.69 9.44
Apr 2021 141562.80872097373 0.50 8.88
May 2021 143521.79730243256 1.38 9.36
Jun 2021 146226.39621184624 1.88 11.00
Jul 2021 149703.71508302938 2.38 13.64
Aug 2021 152199.330187891 1.67 15.52
Sep 2021 154167.40863465224 1.29 15.93
Oct 2021 155482.75576231224 0.85 15.57
Nov 2021 156775.84057222737 0.83 15.00
Dec 2021 158311.49124254988 0.98 15.21
Jan 2022 160305.23491243878 1.26 15.57
Feb 2022 162555.7894518739 1.40 16.21
Mar 2022 164206.61728241545 1.02 16.58
Apr 2022 166313.94564015273 1.28 17.48
May 2022 168414.27880579006 1.26 17.34
Jun 2022 170987.775331944 1.53 16.93
Jul 2022 172442.12715821448 0.85 15.19
Aug 2022 172600.631739357 0.09 13.40
Sep 2022 172216.69482545086 -0.22 11.71
Oct 2022 171466.10951524254 -0.44 10.28
Nov 2022 170959.96320657714 -0.29 9.05
Dec 2022 170363.5239357483 -0.35 7.61
Jan 2023 170444.06243707362 0.05 6.33
Feb 2023 170890.26279765807 0.26 5.13
Mar 2023 172031.24998072546 0.67 4.76
Apr 2023 173452.88722206975 0.83 4.29
May 2023 175233.2947552981 1.03 4.05
Jun 2023 176030.39133448547 0.46 2.95
Jul 2023 175576.10033262396 -0.26 1.82
Aug 2023 173871.13344173835 -0.97 0.74
Sep 2023 172215.08024292233 -0.95 0.00
Oct 2023 170866.75470430078 -0.78 -0.35
Nov 2023 170573.8956508021 -0.17 -0.23
Dec 2023 170311.48442956235 -0.15 -0.03
Jan 2024 170509.82558715527 0.12 0.04
Feb 2024 171106.66762481476 0.35 0.13
Mar 2024 172636.03006822962 0.89 0.35
Apr 2024 174410.94936115856 1.03 0.55
May 2024 175603.13739798337 0.68 0.21
Jun 2024 176335.2253722902 0.42 0.17
Jul 2024 175967.1078368741 -0.21 0.22
Aug 2024 175847.0472021152 -0.07 1.14
Sep 2024 175485.8956267656 -0.20 1.90
Oct 2024 176177.69046363398 0.39 3.11
Nov 2024 176701.297175362 0.30 3.59
Dec 2024 177396.5742742483 0.39 4.16
Jan 2025 177706.75824690922 0.18 4.22
Feb 2025 177745.78668229017 0.02 3.88
Mar 2025 177773.100666653 0.02 2.98
Apr 2025 178076.11317535784 0.17 2.10
May 2025 178575.72569381408 0.28 1.69
Jun 2025 179309.02516236817 0.41 1.69
Jul 2025 180125.19794361075 0.46 2.36
Aug 2025 181231.39775558573 0.61 3.06
Sep 2025 182491.51324434104 0.70 3.99
Oct 2025 184040.12757103148 0.85 4.46
Nov 2025 186106.43563854 1.12 5.32
Dec 2025 188411.23931188707 1.24 6.21
Jan 2026 189813.7015010519 0.74 6.81
Feb 2026 190998.1724953472 0.62 7.46