All Countries
Nerstrand, MN
Full City Profile · Minnesota · Rice County County
3.2
/5.0
B
Good
210
Population
149/sq mi density
$83,125
Median Income
$41,877 per capita
$194,000
Home Value
$402,620 Zillow
45°F
Avg Temperature
270 sunny days/yr
72
Violent Crime/100K
1,323 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$83,125 median income, 0.6% unemployment
A+
Affordability
5.0 / 5.0
$194,000 home value, /mo rent
F
Safety
1.0 / 5.0
72 violent crimes/100K
C
Education
2.3 / 5.0
15.9% bachelor's degree or higher
Housing Overview
Median Home Value
$194,000
31% below
US avg: $281,900
Homeownership Rate
94.7%
45% above US avg (65.4%)
Total Housing Units
100
Median year built: 1938
Home Value by Source
Census Median
$194,000
Zillow (ZHVI)
$402,620
Median Sale Price
$299,900
Median List Price
$875,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
94.7%
Owner-Occupied
5.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Market Indicators (Redfin)
Median Days on Market
56 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$165
Active Inventory
1
homes for sale
Affordability & Housing Stock
Rent Burden
35.8%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
94.7%
Complete Housing Data
Home Values
| Census Median Value | $194,000 |
| Zillow Home Value (ZHVI) | $402,620 |
| Median Sale Price | $299,900 |
| Median List Price | $875,000 |
| Price Per Sq Ft | $165 |
Rent
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 56 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 1 |
| Price Per Sq Ft | $165 |
Ownership & Stock
| Owner-Occupied | 94.7% |
| Renter-Occupied | 5.3% |
| Homeownership Rate | 94.7% |
| Total Housing Units | 100 |
| Median Year Built | 1938 |
| Rent Burden | 35.8% |