Russell, MN Home Values & Market Trends

Real estate market trends reflect that there have been 4 transactions over the past year in Russell. The median value for residential home transactions that occurred over the previous year is $121,382.5. The number of current listings in Russell is 1, and the percentage of properties for sale in the city is 1.00%. Russell, MN currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 1 properties for sale.

Russell, MN Real Estate Market Overview

ZipMedian Est. Value
56169

$ 283,429

$ 127/sqft

Housing Market Summary for Russell, MN

Mar 2023February 2024Change
Median Listing Price$0$132.9K-
Median Sold Price$87,000$132.9K52.74%
Homes For Sale01-
Homes Sold33-
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Russell, MN

Russell home values range from $21,278 to $769,753. The median estimated value of a home in Russell is $121,382.5. The median list price of a home is 375,000, and the total count of properties in the city is 276.

Foreclosure
There is 1 zips within Russell, MN; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Russell, MN with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Russell, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Russell, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Russell, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Russell, MN. There is 1 zips within Russell, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Russell, MN. Auction homes and other auction properties account for 0% of all properties in Russell, MN. There is 1 zips within Russell, MN; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.36% of residential properties in Russell, MN with 56169 containing 1 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Russell, MN; homes for sale in that zips, have a range of median values from $283,429 in 56169 to the lowest value of $283,429 in 56169.
    Sold Homes
    The median value for recently sold homes ranges from $169,607 in 56169 to the lowest price of $107,000 in 56169. There is 1 zips within Russell, MN. 56169 has 3 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.09% of properties in Russell, MN.

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      Guide for Russell, MN

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      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
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      The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.

      Wichita Real Estate Market Thrives: Property Values and Sale Prices Soar in 2023-2024
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      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Recently Listed Homes Russell, MN

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