Groundwork

Real estate · Small-town market · Minnesota

Real estate agents and brokers in the Red Wing, MN area

How the Red Wing, MN area compares with other small-town markets and the U.S. for real estate agents and brokers: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 52 out of 100: Upper middle

Ranked #230 of 533 scored small-town markets
#6 of 18 scored small-town markets based in Minnesota

Listings
30
1 chain location (3%)
Official establishments
20
Businesses with payroll, 2023
Household spending a year
$282.3M
On rent and homeowner costs · $14,311 a household
Housing spending per listing (U.S. = 100)
173
73% above the U.S.
Listings per 10k households
15.2
50% below the U.S.
Population, 2025
48,195
+1.3% since 2020

See the real estate agents and brokers around any address in the Red Wing area

The site report maps the real estate agents and brokers on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Red Wing area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Map listings as of September 2026 show 30 real estate agents and brokers in the Red Wing area. One of them (3%) is a chain location, against 4% across the U.S. Per 10,000 households, that is 15.2, 50% below the U.S. rate of 30.6.

Households in the Red Wing area spend about $282.3M a year on rent and homeowner costs, or $14,311 per household, 14% below the U.S. average. Housing spending per office is 73% above the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate agents and brokers take in.

In 2023, official counts showed 20 businesses with payroll in the Red Wing area classed as offices of real estate agents and brokers. That is one for every 986 households, against one for every 788 across the U.S.

Population estimates show the Red Wing area grew 1.3% from 2020 to 2025, slower than the U.S. (+3.1%). The Groundwork market score for real estate agents and brokers in the Red Wing area is 52 (upper middle), #230 of 533 scored small-town markets and #6 of 18 scored small-town markets based in Minnesota.

How the Red Wing area compares

The same measures for Minnesota and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Real estate agents and brokers in Red Wing, MN area compared with Minnesota and the U.S.
MeasureRed Wing areaMinnesotaU.S.
Listings per 10k households15.229.030.6
Housing spending per listing (U.S. = 100)17396100
Households per official establishment986711788
Official establishment growth, 2019–2023n/a+11.1%+20.1%
Population growth, 2020–2025+1.3%+2.1%+3.1%
Spending per household on rent and homeowner costs$14,311$15,162$16,661
Median household income$84,171$89,062$80,734
Groundwork market score5234

Official counts and lending

Businesses

Official establishments, 2019 to 2023
20
Employees, 2023
20
Annual payroll, 2023
$1.3M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
301 chain location
Listings at the U.S. rate for this spending
52The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as offices of real estate agents and brokers in the Red Wing area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Red Wing area

Population, 2025 estimate
48,195+1.3% since 2020
Households
19,727
Median age
43.0
Homes lived in by their owners
79%
Vehicles per household
2.0
Land area
757 sq. mi.
People per square mile
63
Median household income
$84,171+26.0% vs. 2015–2019, before inflation
Average household income
$102,161
Median home value
$285,100
Jobs located here
19,843
Daytime population
42,664Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Red Wing area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the real estate agents and brokers on map listings by name and distance.

Or open the report at the center of the Red Wing area. Signed out, you see a blurred preview; on an account, each report is one action.

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Real estate agents and brokers across Minnesota

Every Minnesota market ranked →

The highest-scoring small-town markets in Minnesota for real estate agents and brokers, numbered among those based in Minnesota (a market based in another state is listed without a number), with the Red Wing area marked.

Top small-town markets in Minnesota

Small-town markets in Minnesota ranked for real estate agents and brokers by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
Wahpeton, ND-MN7077.43460.0%#49 of 533
1Austin, MN602515.9159+2.3%#137 of 533
2Worthington, MN591013.0191+0.6%#143 of 533
3New Ulm, MN531311.8209−1.5%#214 of 533
4Albert Lea, MN531814.0177−1.5%#215 of 533
5Winona, MN533718.3137+1.8%#226 of 533
6Red Wing, MN523015.2173+1.3%#230 of 533
7Owatonna, MN473120.5128+0.2%#306 of 533
8Faribault-Northfield, MN415925.1106+4.2%#374 of 533
9Marshall, MN402524.7103+1.0%#389 of 533

Other business types in the Red Wing area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many real estate agents and brokers are in the Red Wing, MN area?

There are 30 real estate agents and brokers on map listings in the Red Wing area as of September 2026. One of them (3%) is a chain location. The listings count real estate agents and brokerages, commercial brokers included. Official counts show 20 businesses with payroll classed as offices of real estate agents and brokers in 2023.

How much do households in the Red Wing, MN area spend on rent and homeowner costs?

About $282.3M a year, or $14,311 per household. That is 14% below the U.S. average (an index of 86, where 100 is the U.S. average). For the 30 real estate agents and brokers on map listings, housing spending per office is 73% above the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate agents and brokers take in. It is estimated from the incomes of the 19,727 households in the Red Wing area and national spending patterns by income.

How does the Red Wing, MN area compare with the U.S. for real estate agents and brokers?

The Red Wing area has 15.2 real estate agents and brokers per 10,000 households, 50% below the U.S. rate of 30.6. The index of housing spending per office is 173, where 100 is the U.S. At the national ratio of real estate agents and brokers to household spending, the Red Wing area would have about 52, against 30 on map listings. There is one business with payroll in the industry for every 986 households, against one for every 788 across the U.S.

How fast is the Red Wing, MN area growing?

Population estimates put the Red Wing area at 48,195 people in 2025, up 1.3% since 2020, slower than the U.S. (+3.1%). It has 19,727 households. The median household income in the Red Wing area is $84,171 a year, 4% above the U.S. median of $80,734. That rose 26.0% from the 2015–2019 survey, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Red Wing area scores 52 for real estate agents and brokers (upper middle), #230 of 533 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Red Wing area. It maps the real estate agents and brokers on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for real estate agents and brokers · All 56 business types in the Red Wing area

Screening a site or an acquisition in the Red Wing area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Red Wing area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.