Russell, MN Foreclosures
How much do homes sell for in Russell, MN?
The average home price is currently $194,984.
In Russell, MN, how many homes are available?
There are currently 31 active home listings available in Russell.
What’s the average rental cost in Russell, MN?
The average rental price in Russell is $1,179.
What is the most expensive home in Russell?
The most expensive home sold in Russell had a price of $937,474.
What is currently the cheapest priced home in Russell, MN?
The cheapest home for sale in Russell is priced at $11,518.
Living in Russell, MN
Russell, MN is a picturesque small town that offers a peaceful, rural lifestyle with strong community ties. Residents enjoy abundant outdoor activities and access to recreational spaces, making it an ideal location for families and nature lovers alike. With its welcoming atmosphere and convenient nearby amenities, Russell is a gem within the west-central Minnesota region.
Current Market Conditions in Russell, MN
The real estate market in Russell has shown stability over the past year, with a moderate increase in home values, reflecting a growing interest in rural living. Properties are often competitively priced, attracting buyers looking for a serene lifestyle, coupled with access to essential amenities nearby.
The current market shows a healthy supply of homes with various price points available, catering to a range of buyers from first-time homeowners to those investing in rental properties. New listings are consistently appearing, with a steady turnover rate.
Home Value Estimator For Russell, MN
There are currently 258 real estate properties
in Russell, MN,
with a median automated valuation model (AVM) price
of $130,318.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Russell, MN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Russell, MN,
is $194,984.00, with the most expensive house
in Russell, MN, topping out
at $937,474.00 and the cheapest home
in Russell, MN,
clocking in at $11,518.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Russell, MN!
Rent Prices
In Russell, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Russell, MN, is on
a rollercoaster ride. The
average rent price in Russell, MN,
is $1,179.00. Indeed, when looking to rent in
Russell, MN, you can expect to pay as little
as $790.00 or as much
as $2,000.00,
with the average rent median estimated to
be $1,080.00. The good news is that finding
an affordable and desirable property to rent in Russell, MN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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