House Prices

House Prices & Home Values Nerstrand, MN 2026


Average Data

average house price$411,045
average size per house2284 ft²
average price per ft²180 $ / ft²

06/26/2026 - The value range (VR) for house prices in Nerstrand, MN is $90/ sqft to $90/ sqft. An average home with 2284 sqft costs approximately $205,560 to $205,560. Nerstrand, MN includes 1 ZIP codes and it is located in Rice county. The lowest prices are found in ZIP 55053, while the highest are in ZIP 55053. The average price per sqare feet is $180. Our analysis is based on 4 property listings.

Avergage prices by ZIP codes Nerstrand

5505384 $ / ft²




Historical development of home values in Nerstrand

Year Estimated value (USD) Change vs. 2025
2010 $190,897 -53.6%
2011 $183,515 -55.4%
2012 $183,021 -55.5%
2013 $189,861 -53.8%
2014 $199,302 -51.5%
2015 $209,531 -49.0%
2016 $220,466 -46.4%
2017 $232,365 -43.5%
2018 $245,212 -40.3%
2019 $256,582 -37.6%
2020 $269,846 -34.4%
2021 $306,921 -25.3%
2022 $357,800 -13.0%
2023 $377,317 -8.2%
2024 $399,146 -2.9%
2025 $411,045 0.0%

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



Example: 100% financing house in Nerstrand

Loan amount: $411,045

Interest rate: 6.00%

Fixed monthly payment: $2,464.42

Breakdown in the 1st month:
Interest portion: $2,055.23  –  Principal portion: $409.20

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $24,525.39 $5,047.68 $405,997.32
2 $24,214.06 $5,359.01 $400,638.31
3 $23,883.53 $5,689.54 $394,948.77
4 $23,532.61 $6,040.46 $388,908.30
5 $23,160.05 $6,413.02 $382,495.28
6 $22,764.50 $6,808.56 $375,686.72
7 $22,344.57 $7,228.50 $368,458.21
8 $21,898.73 $7,674.34 $360,783.87
9 $21,425.39 $8,147.68 $352,636.20
10 $20,922.86 $8,650.21 $343,985.99
11 $20,389.34 $9,183.73 $334,802.25
12 $19,822.90 $9,750.17 $325,052.09
13 $19,221.53 $10,351.54 $314,700.55
14 $18,583.07 $10,990.00 $303,710.56
15 $17,905.24 $11,667.83 $292,042.72
16 $17,185.59 $12,387.48 $279,655.24
17 $16,421.56 $13,151.51 $266,503.73
18 $15,610.40 $13,962.67 $252,541.06
19 $14,749.21 $14,823.86 $237,717.20
20 $13,834.91 $15,738.16 $221,979.04
21 $12,864.21 $16,708.86 $205,270.19
22 $11,833.65 $17,739.42 $187,530.76
23 $10,739.52 $18,833.55 $168,697.21
24 $9,577.91 $19,995.16 $148,702.05
25 $8,344.65 $21,228.42 $127,473.63
26 $7,035.33 $22,537.74 $104,935.89
27 $5,645.25 $23,927.82 $81,008.07
28 $4,169.43 $25,403.64 $55,604.43
29 $2,602.59 $26,970.48 $28,633.96
30 $939.11 $28,633.96 $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 Nerstrand, MN


1500 sqft3900 sqft
Ø selling price$326,700$694,980
Ø fast selling$297,000$625,482
Ø high price sale$356,400$764,479

In 2026, houses in Nerstrand, MN will be offered at an average price of $180 per square foot. A 1,500 sqft home priced at $326,700 is 21.34% more expensive per square foot than a 3,900 sqft home priced at $694,980. Home prices in Nerstrand, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $481,141. Sellers who can wait longer may achieve a higher price of up to $588,060.

FAQ – Home Values in Nerstrand

What is the median home value in Nerstrand in 2026?

In 2026, the typical home value in Nerstrand is about $411,045 for an average home size of 2284 square feet. This corresponds to an average price of roughly $180 per square foot.

What is the average cost per square foot in Nerstrand?

In 2026, homes in Nerstrand sell for an average of around $180 per square foot, with a typical range between $90 and $90 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 Nerstrand is about 2284 square feet, with an estimated 2026 value around $411,045.



Locations close to Nerstrand, MN

Elko New Market, MN175 $ / ft²
Newport, MN204 $ / ft²
North Branch, MN206 $ / ft²
Morristown, MN167 $ / ft²
Mora, MN131 $ / ft²
Medford, MN152 $ / ft²
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