SIALIMStatistical Intelligence for America's Local Investment Markets

55066Red Wing, MN Home Values

Typical home value $293,987 as of June 2026 · 9th of 9 in Red Wing, MN

Typical value — June 2026
$293,987
observed, not a forecast
Past 12 months
+0.8%
trailing year-over-year change
Past 5 years
+21.5%
June 2021 to June 2026
Rank in metro
9th
of 9 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 55066, June 2021 to June 2026. This page shows observed data only; no forecast.

How 55066 compares in the Red Wing, MN area

ZIP code 55066 (Red Wing, MN) has a typical home value of $293,987 as of June 2026, ranking 9th of 9 ZIP codes tracked in the Red Wing, MN area, more expensive than about 11% of ZIP codes in the metro. Prices here have moved +0.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +21.5%, from $241,915 in June 2021 to $293,987 in June 2026. Against observed rent, the typical home here sells for 18.3× the annual rent ($1,338/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Red Wing, MN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Red Wing.

Population and demographics

ZIP code 55066 has a population of 19,125, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 88.8% White, 5.1% Hispanic or Latino, 2.7% Black or African American, 1.9% two or more races, 0.7% American Indian or Alaska Native, 0.7% Asian, and 0.1% another race.

Nearby public schools

SchoolAddressDistance
Red Wing HS Credit Recovery2451 EAGLE RIDGE BLVD, RED WING, MN2 mi
Red Wing Senior High2451 EAGLE RIDGE DR, RED WING, MN2 mi
5RiversOnline Elementary395 GUERNSEY LN, RED WING, MN2 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 55066?

$293,987 as of June 2026, the latest month Zillow has published observed data for.

Is 55066 an expensive ZIP code in the Red Wing, MN area?

55066 ranks 9th of 9 ZIP codes in the Red Wing, MN area by typical home value, more expensive than about 11% of ZIP codes in the metro.

How much have home values in 55066 changed over the past year?

+0.8% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 55066?

The typical home price is 18.3× the observed annual rent in this ZIP code ($1,338/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 55066?

19,125, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 55066?

Red Wing HS Credit Recovery (2 mi), Red Wing Senior High (2 mi), 5RiversOnline Elementary (2 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 55066?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Red Wing, MN forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.