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 February 21, 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 January 2026 was $187,173.633. The month over month percentage change (MoM) was 0.74%, and the year over year percentage change (YoY) was 6.81%.

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 ($)
Zip Code: 56283 (Redwood Falls, Minnesota) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 98591.41977698806 0.20 7.83
Feb 2015 98748.2575034948 0.16 7.30
Mar 2015 99220.59919593013 0.48 7.00
Apr 2015 99911.31859807835 0.70 6.60
May 2015 100887.83209912184 0.98 6.74
Jun 2015 101650.8031357996 0.76 6.09
Jul 2015 102251.90382390463 0.59 5.33
Aug 2015 102832.44572713961 0.57 4.82
Sep 2015 103111.7600548385 0.27 4.82
Oct 2015 103285.40188709054 0.17 5.05
Nov 2015 103248.115779786 -0.04 5.15
Dec 2015 103733.70933160493 0.47 5.42
Jan 2016 104336.0704596425 0.58 5.83
Feb 2016 104872.05405973067 0.51 6.20
Mar 2016 105101.59098119203 0.22 5.93
Apr 2016 105337.27869314955 0.22 5.43
May 2016 105797.4016350202 0.44 4.87
Jun 2016 106411.91708396078 0.58 4.68
Jul 2016 106818.06908615147 0.38 4.47
Aug 2016 107282.49898157839 0.44 4.33
Sep 2016 107623.26155210835 0.32 4.38
Oct 2016 108445.95829658576 0.76 5.00
Nov 2016 109097.89833036247 0.60 5.67
Dec 2016 109973.05781397228 0.80 6.02
Jan 2017 110714.60510020507 0.67 6.11
Feb 2017 111305.24995200337 0.53 6.13
Mar 2017 111499.2131206952 0.17 6.09
Apr 2017 111345.26344547405 -0.14 5.70
May 2017 111176.32413645329 -0.15 5.08
Jun 2017 111135.2194586091 -0.04 4.44
Jul 2017 111410.8760400749 0.25 4.30
Aug 2017 111707.05414398044 0.27 4.12
Sep 2017 112286.26203678938 0.52 4.33
Oct 2017 113156.9304472469 0.78 4.34
Nov 2017 114283.49753130872 1.00 4.75
Dec 2017 115390.45637872272 0.97 4.93
Jan 2018 116509.25569367774 0.97 5.23
Feb 2018 117604.92569585447 0.94 5.66
Mar 2018 119074.69206572913 1.25 6.79
Apr 2018 119996.8396426468 0.77 7.77
May 2018 120633.74536555674 0.53 8.51
Jun 2018 120802.54884623822 0.14 8.70
Jul 2018 121251.48389118357 0.37 8.83
Aug 2018 121597.89961756142 0.29 8.85
Sep 2018 121636.91845828923 0.03 8.33
Oct 2018 121626.2293718515 -0.01 7.49
Nov 2018 122135.12071884844 0.42 6.87
Dec 2018 122726.2548357002 0.48 6.36
Jan 2019 123592.368921337 0.71 6.08
Feb 2019 123974.65500785488 0.31 5.42
Mar 2019 124296.54279727524 0.26 4.39
Apr 2019 124244.90239845606 -0.04 3.54
May 2019 123960.69972209602 -0.23 2.76
Jun 2019 123646.78365293703 -0.25 2.35
Jul 2019 123047.46133814653 -0.48 1.48
Aug 2019 122666.5161742327 -0.31 0.88
Sep 2019 122472.62338648857 -0.16 0.69
Oct 2019 122824.84958234284 0.29 0.99
Nov 2019 123652.37638169609 0.67 1.24
Dec 2019 124746.4019228912 0.89 1.65
Jan 2020 125515.64230731106 0.62 1.56
Feb 2020 126141.39183983051 0.50 1.75
Mar 2020 126916.26013785378 0.61 2.11
Apr 2020 128213.55479971644 1.02 3.19
May 2020 129416.12403685809 0.94 4.40
Jun 2020 129906.18016300297 0.38 5.06
Jul 2020 129902.44263922638 0.00 5.57
Aug 2020 129914.08554348984 0.01 5.91
Sep 2020 131132.04286902124 0.94 7.07
Oct 2020 132660.1623095527 1.17 8.01
Nov 2020 134425.67462076494 1.33 8.71
Dec 2020 135499.63898805695 0.80 8.62
Jan 2021 136778.67940877166 0.94 8.97
Feb 2021 137938.98009566756 0.85 9.35
Mar 2021 138894.2519403675 0.69 9.44
Apr 2021 139593.84931018655 0.50 8.88
May 2021 141525.59084111042 1.38 9.36
Jun 2021 144192.57220448065 1.88 11.00
Jul 2021 147621.525973434 2.38 13.64
Aug 2021 150082.430232341 1.67 15.52
Sep 2021 152023.13520005127 1.29 15.93
Oct 2021 153320.18751476673 0.85 15.57
Nov 2021 154595.28715238674 0.83 15.00
Dec 2021 156109.5788664528 0.98 15.21
Jan 2022 158075.59208653646 1.26 15.57
Feb 2022 160294.84426216607 1.40 16.21
Mar 2022 161922.7111679994 1.02 16.58
Apr 2022 164000.72925675378 1.28 17.48
May 2022 166071.8494476725 1.26 17.34
Jun 2022 168609.55189592156 1.53 16.93
Jul 2022 170043.6755299091 0.85 15.19
Aug 2022 170199.97551303954 0.09 13.40
Sep 2022 169821.3786754332 -0.22 11.71
Oct 2022 169081.23305643676 -0.44 10.28
Nov 2022 168582.12660200064 -0.29 9.05
Dec 2022 167993.98304616835 -0.35 7.61
Jan 2023 168073.40135892478 0.05 6.33
Feb 2023 168513.39563750927 0.26 5.13
Mar 2023 169638.51313367244 0.67 4.76
Apr 2023 171040.37720118414 0.83 4.29
May 2023 172796.02152012434 1.03 4.05
Jun 2023 173582.03149524474 0.46 2.95
Jul 2023 173134.05910595835 -0.26 1.82
Aug 2023 171452.80614555508 -0.97 0.74
Sep 2023 169819.78654970322 -0.95 0.00
Oct 2023 168490.21451196272 -0.78 -0.35
Nov 2023 168201.42875705587 -0.17 -0.23
Dec 2023 167942.66734361675 -0.15 -0.03
Jan 2024 168138.24982686352 0.12 0.04
Feb 2024 168726.79054754993 0.35 0.13
Mar 2024 170234.88149598197 0.89 0.35
Apr 2024 171985.11390909567 1.03 0.55
May 2024 173160.72011997525 0.68 0.21
Jun 2024 173882.62567758965 0.42 0.17
Jul 2024 173519.62819095035 -0.21 0.22
Aug 2024 173401.2374475903 -0.07 1.14
Sep 2024 173045.10903333384 -0.20 1.90
Oct 2024 173727.28188002913 0.39 3.11
Nov 2024 174243.60588543108 0.30 3.59
Dec 2024 174929.21256028916 0.39 4.16
Jan 2025 175235.08226667097 0.18 4.22
Feb 2025 175273.56786593675 0.02 3.88
Mar 2025 175300.50194736422 0.02 2.98
Apr 2025 175599.29993577252 0.17 2.10
May 2025 176091.96347674762 0.28 1.69
Jun 2025 176815.06367825848 0.41 1.69
Jul 2025 177619.8845296194 0.46 2.36
Aug 2025 178710.6985029714 0.61 3.06
Sep 2025 179953.28738094043 0.70 3.99
Oct 2025 181480.36244332997 0.85 4.46
Nov 2025 183517.93078214934 1.12 5.32
Dec 2025 185790.67755493298 1.24 6.21
Jan 2026 187173.63327095998 0.74 6.81