Russell, MN56169

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$186,000
N/A
Median Household Income
$82,000
32.1% 5-Year Growth
Days on Market
36
63.0% Shorter than last year
Home Price Forecast
N/A
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Russell, MN

As of Oct '25, Realtor.com reports that the median days on market for a home in Russell, MN is 36. This is a decrease of -63.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$186,000-19.0%
Listing Count
429.0%
Listings as % of HomesN/A29.0%
Days on Market
36-63.0%
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Demographics — Russell, MN

As of the latest ACS Survey released in 2023, Russell, MN has a population of 734, which has increased by 11.9% over the past 5 years. Russell, MN is a moderately popular place for families, as children make up 24.0% of the population. The area has a poorly educated workforce, with 21.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.9% reporting working from home.

MetricLatest CensusYoY % Change
Population
73411.9%
% Under 18
24.0%-11.1%
% Seniors
18.4%41.5%
% WFH
16.9%177.0%
% w/ College Degree
21.4%25.9%
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As of the latest ACS Survey released in 2023, Russell, MN is a predominantly white area, with 89.0% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in Russell, MN is hispanic, making up 4.2% of the population. Foreign-born residents account for 3.3% of the population in Russell, MN, and this percentage has increased by 94.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
89.0%-5.2%
% Black
0.0%-100.0%
% Hispanic
4.2%180.0%
% Asian
1.4%-48.1%
% Foreign Born
3.3%94.1%
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Mortgage and Risk — Russell, MN

Russell, MN lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip Code Average
Total Loan Originations
N/A
% Conventional Loans
N/A
% Government Loans
N/A
% Investor Loans
N/A
% Second Loans
N/A
% Cash Out Refinance
N/A

Loan Activity

No data available

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Rentals and Section 8 — Russell, MN

Russell, MN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
5
Total Units Section 8
5
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$780
2 BedroomN/AN/A$930
3 BedroomN/AN/A$1,310
4 BedroomN/AN/A$1,580

Affordability — Russell, MN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income RatioN/A
Median Home PriceN/A
Median Household Income$82,000

Russell, MN — ZIP Code Boundary Map

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Frequently Asked Questions