Brokers — List your Company Here
Featured local agent — Russell, MN
Sarah Mitchell
Compass Real Estate · Russell, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Russell, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$105,500median sale price
How is the Russell, MN housing market right now?
The median home sale price in Russell, MN is $105,500, up 18.5% year-over-year. Homes sell in an average of 110 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Russell a buyer's or seller's market?
Russell, MN is currently a balanced market and homes selling in about 110 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
110
Average pace
Active listings
—
Sale-to-list
103.0%
Above asking
What does the Russell housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $105,500 |
| Year-over-year price change | +18.5% |
| Average days on market | 110 days |
| Sale-to-list price ratio | 103.0% |
| Median price per sq ft | $75/sq ft |
| Homes sold (latest month) | 2 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Russell by property type?
How the Russell, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $105,500 | $75/sq ft | 2 | 110 days |
Source: Redfin · Updated monthly
The Russell housing market is currently classified as a balanced market with a median sale price of $105,500. Prices have risen 18.5% compared to last year, with homes spending an average of 110 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.5x provides context for how home values compare to local earning capacity.
Homes for sale in Russell
Explore homes currently listed for sale in Russell, Minnesota across major real estate platforms.
Who lives in Russell?
Population
323
Median income
$62,143/yr
Median age
51.4 years
Owner-occupied
89.1%
College grads
15.2%
Avg commute
24.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Russell?
Zillow home value
$215,324
Price-to-income
3.5x
Source: Zillow Research
What is it like to live in Russell?
Russell is a community of approximately 0K residents with a median age of 51.4 years.The median household income is $62,143, which represents a working-class community with solid middle-income opportunities. 15.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 89.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Russell offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Russell, MN?
Want a head-to-head view? Compare Russell side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Russell?
The median home sale price in Russell is $105,500, up 18.5% from last year.
How long do homes stay on market in Russell?
Homes typically spend 110 days on market before going under contract.
What is the median income in Russell?
The median household income is $62,143 per year.
What is the Zillow home value estimate for Russell?
The Zillow Home Value Index (ZHVI) for Russell is $215,324, representing the typical home value in the area.
How much does a single-family home cost in Russell?
The median single-family home price in Russell, MN is $105,500 (about $75 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Russell, MN
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Russell market alerts
Weekly updates on prices, inventory, and trends. Free forever.