House Prices

House Prices & Home Values Russell, MN 2026


Average Data

average house price$78,343
average size per house1301 ft²
average price per ft²61 $ / ft²

05/02/2026 - The value range (VR) for house prices in Russell, MN is $60/ sqft to $60/ sqft. An average home with 1301 sqft costs approximately $78,060 to $78,060. Russell, MN includes 1 ZIP codes and it is located in Lyon county. The lowest prices are found in ZIP 56169, while the highest are in ZIP 56169. The average price per sqare feet is $61. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes Russell

5616964 $ / ft²




Historical development of home values in Russell

Year Estimated value (USD) Change vs. 2025
2010 $36,384 -53.6%
2011 $34,977 -55.4%
2012 $34,883 -55.5%
2013 $36,187 -53.8%
2014 $37,986 -51.5%
2015 $39,936 -49.0%
2016 $42,020 -46.4%
2017 $44,288 -43.5%
2018 $46,736 -40.3%
2019 $48,903 -37.6%
2020 $51,431 -34.4%
2021 $58,497 -25.3%
2022 $68,195 -13.0%
2023 $71,915 -8.2%
2024 $76,075 -2.9%
2025 $78,343 0.0%

Graph: estimated home values in Russell over time (USD)



Example: 100% financing house in Russell

Loan amount: $78,343

Interest rate: 6.00%

Fixed monthly payment: $469.71

Breakdown in the 1st month:
Interest portion: $391.72  –  Principal portion: $77.99

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $4,674.41 $962.06 $77,380.94
2 $4,615.07 $1,021.40 $76,359.54
3 $4,552.07 $1,084.40 $75,275.14
4 $4,485.19 $1,151.28 $74,123.86
5 $4,414.18 $1,222.29 $72,901.57
6 $4,338.79 $1,297.68 $71,603.90
7 $4,258.76 $1,377.71 $70,226.18
8 $4,173.78 $1,462.69 $68,763.50
9 $4,083.57 $1,552.90 $67,210.59
10 $3,987.79 $1,648.68 $65,561.91
11 $3,886.10 $1,750.37 $63,811.54
12 $3,778.14 $1,858.33 $61,953.21
13 $3,663.52 $1,972.95 $59,980.26
14 $3,541.84 $2,094.63 $57,885.62
15 $3,412.64 $2,223.83 $55,661.80
16 $3,275.48 $2,360.99 $53,300.81
17 $3,129.86 $2,506.61 $50,794.20
18 $2,975.26 $2,661.21 $48,132.99
19 $2,811.12 $2,825.35 $45,307.64
20 $2,636.86 $2,999.61 $42,308.03
21 $2,451.85 $3,184.62 $39,123.41
22 $2,255.43 $3,381.04 $35,742.37
23 $2,046.90 $3,589.57 $32,152.80
24 $1,825.50 $3,810.97 $28,341.82
25 $1,590.45 $4,046.02 $24,295.80
26 $1,340.90 $4,295.57 $20,000.23
27 $1,075.95 $4,560.52 $15,439.71
28 $794.67 $4,841.80 $10,597.91
29 $496.04 $5,140.43 $5,457.48
30 $178.99 $5,457.48 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Russell, MN


1500 sqft3900 sqft
Ø selling price$110,716$235,522
Ø fast selling$100,651$211,969
Ø high price sale$120,781$259,074

In 2026, houses in Russell, MN will be offered at an average price of $61 per square foot. A 1,500 sqft home priced at $110,716 is 24.24% more expensive per square foot than a 3,900 sqft home priced at $235,522. Home prices in Russell, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $163,053. Sellers who can wait longer may achieve a higher price of up to $199,288.


Discover Russell, Minnesota

Location and Heritage

Russell, Minnesota is a small city in Lyon County that blends rural charm with convenient access to regional amenities. Located northwest of Marshall in southwest Minnesota, Russell offers quiet neighborhoods, open skies, and friendly Midwestern hospitality. The community?s roots in prairie agriculture are reflected in its grain elevators, family farms, and long-running local businesses.


Things to Do and Outdoors

Visitors enjoy nearby prairie lakes, hunting areas, and parks, with places like Camden State Park an easy drive for hiking, wooded river valleys, and scenic overlooks. Top things to do in Russell, MN include enjoying well-kept ball fields, a community park, and seasonal events that bring neighbors together. Whether you are road-tripping along Minnesota?s byways or exploring Lyon County, Russell makes a convenient base for small-town dining and photo-worthy sunsets.


Living in Russell

Families value the area?s strong sense of safety and the highly regarded RTR Public Schools serving Russell, Tyler, and Ruthton. Local employment centers on agriculture, ag services, construction, and small retail, while larger job opportunities are available in nearby Marshall. Homebuyers will find affordable real estate, generous yards, and opportunities for new builds in and around Russell, MN. With straightforward commutes, four-season recreation, and a welcoming community culture, Russell, Minnesota offers a relaxed lifestyle in the heart of the prairie.



FAQ – Home Values in Russell

What is the median home value in Russell in 2026?

In 2026, the typical home value in Russell is about $78,343 for an average home size of 1301 square feet. This corresponds to an average price of roughly $61 per square foot.

What is the average cost per square foot in Russell?

In 2026, homes in Russell sell for an average of around $61 per square foot, with a typical range between $60 and $60 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Russell is about 1301 square feet, with an estimated 2026 value around $78,343.



Locations close to Russell, MN

Ruthton, MN185 $ / ft²
Sherburn, MN154 $ / ft²
Slayton, MN153 $ / ft²
Rushmore, MN105 $ / ft²
Round Lake, MN137 $ / ft²
Revere, MN61 $ / ft²




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