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Russia, MN Housing
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United States
/
Minnesota
/
Grand Forks Metro Area
/
Polk County
/ Russia /
Zip Codes
EXPLORE RUSSIA
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The housing market in Russia, MN is incredibly strong with a median value of $244,400. This is significantly lower than the US median house value of $338,100 and demonstrates a great opportunity for potential buyers to get into the housing market. The US has seen house appreciation over the past year of 8.27%, while house appreciation in Russia, MN has been even stronger at 9.08%. This indicates that now is a great time to purchase a home in Russia, MN as prices are still very much affordable relative to surrounding areas.
Median Monthly Rent by Number of Bedrooms
Housing by Year Built
Housing
Russia, Minnesota
United States
Number of Homes
20.0
139,647,020.0
Median Home Age
81
42
Median Home Cost
$244,400
$338,100
Home Appr. Last 12 months
14.3%
16.6%
Home Appr. Last 5 yrs.
46.0%
57.0%
Home Appr. Last 10 yrs.
74.1%
101.1%
Property Tax Rate
$10.43
$10.98
Property Taxes Paid
$1,667
$2,690
Homes Owned
50.0%
57.4%
Housing Vacant
45.0%
11.2%
Homes Rented
5.0%
31.4%
Vacant Housing
Vacant For Rent
0.0%
1.9%
Vacant Rented
0.0%
0.4%
Vacant For Sale
0.0%
0.7%
Vacant Sold
0.0%
0.4%
Vacant Vacation
0.0%
3.6%
Vacant Other
45.0%
4.1%
Value of Owner-Occupied Housing
Less Than $20,000
0.0%
2.6%
$20,000 to $39,999
0.0%
2.4%
$40,000 to $59,999
10.0%
2.8%
$60,000 to $79,999
0.0%
3.9%
$80,000 to $99,999
0.0%
4.5%
$100,000 to $149,999
40.0%
11.3%
$150,000 to $199,999
0.0%
13.0%
$200,000 to $299,999
20.0%
20.1%
$300,000 to $399,999
10.0%
13.6%
$400,000 to $499,999
20.0%
8.3%
$500,000 to $749,999
0.0%
9.7%
$750,000 to $999,999
0.0%
3.9%
$1,000,000 to $1,499,999
0.0%
2.2%
$1,500,000 to $1,999,999
0.0%
0.8%
$2,000,000 and over
0.0%
1.1%
Housing Units by Year Structure Built
2014 and newer
0.0%
0.2%
2010 to 2013
0.0%
13.6%
2000 to 2009
0.0%
13.6%
1990 to 1999
0.0%
13.6%
1980 to 1989
0.0%
13.2%
1970 to 1979
20.0%
14.8%
1960 to 1969
0.0%
13.6%
1950 to 1959
5.0%
10.0%
1940 to 1949
5.0%
4.7%
1939 or Earlier
50.0%
12.2%
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