Russia, MN Housing


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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

  HousingRussia, MinnesotaUnited States
  20.0139,647,020.0
  8142
  $244,400$338,100
  14.3%16.6%
  46.0%57.0%
  74.1%101.1%
  $10.43$10.98
  $1,667$2,690
  50.0%57.4%
  45.0%11.2%
  5.0%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  0.0%3.6%
  45.0%4.1%
  Value of Owner-Occupied Housing
  0.0%2.6%
  0.0%2.4%
  10.0%2.8%
  0.0%3.9%
  0.0%4.5%
  40.0%11.3%
  0.0%13.0%
  20.0%20.1%
  10.0%13.6%
  20.0%8.3%
  0.0%9.7%
  0.0%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  0.0%13.6%
  0.0%13.6%
  0.0%13.6%
  0.0%13.2%
  20.0%14.8%
  0.0%13.6%
  5.0%10.0%
  5.0%4.7%
  50.0%12.2%
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