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MN area data

Nerstrand, MN

Nerstrand, MN.

Population: 995 (Census ACS)

Home values & appreciation

Median home value
$435,551
1-year appreciation
+4.6%
3-year appreciation
+15.0%
5-year appreciation
+27.2%
All-time peak (2026-07)
$435,551
House Price Index
429.3 (+3.3% YoY)

Market activity

Median sale price
$867,500
Median list price
$439,900
Median days on market
68 days
Sale-to-list ratio
99.1%
Active listings
4
1-year forecast
+1.6%

Rents

2-bedroom fair-market rent (HUD reference)
$1,176/mo
3BR fair-market rent
$1,529/mo

Affordability

Cost of living index (Average)
97.5 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
hail, strongWind, coldWave, inlandFlooding, tornado
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
36.4 in

Walkability & transit

Walkability index
3.8 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Mississippi National River & Recreation Area (41 mi)
Nearest airport
Edberg Airport (8 mi)
Nearest major airport
Rochester International Airport (RST) (41 mi)
Hospitals nearby (~15 mi)
3
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-12 tax filers

Housing stock

Median year housing built
1,969
Median annual property tax
$2,773
Mean commute to work
24 min
Households with broadband internet
50.1%

Employment & development

Total county employment
22,022
Average weekly wage
$1,065
Top industries (by employment)
Health Care, Accommodation & Food, Education
Annual residential building permits (county)
50

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents