Market Summary

Nerstrand, Rice County, MN

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Median Home Price Price

$391,643 $391.6K

Median Monthly Rent Rent

$1,220 $1.2K

GRM

27.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Rice County

Region Price Rent GRM Display
$379,339 $1,332 24.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MN outside of Rice County

Region Price Rent GRM Display
$227,383 $1,168 16.0x
$260,444 $1,051 21.0x
$272,742 $1,092 21.0x
$277,710 $1,110 21.0x
$343,529 $1,278 22.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MN

Region Price Rent GRM Display
$203,511 $1,159 15.0x
$382,231 $1,954 16.0x
$367,580 $1,157 26.0x
$214,571 $868 21.0x
$398,283 $1,166 28.0x
$253,965 $1,055 20.0x
$375,236 $1,846 17.0x
$286,382 $1,300 18.0x
$291,633 $1,178 21.0x
$344,466 $1,175 25.0x
$180,396 $896 17.0x
$371,244 $1,302 24.0x
$194,985 $1,005 16.0x
$570,878 $1,239 38.0x
$312,250 $1,273 20.0x
$387,300 $967 33.0x
$174,081 $1,087 13.0x
$210,042 $944 18.0x
$362,105 $1,338 23.0x
$337,463 $1,074 26.0x
$294,583 $1,172 21.0x
$417,013 $1,335 26.0x
$316,035 $1,184 22.0x
$483,436 $1,158 35.0x
$533,939 $1,732 26.0x
$246,734 $1,059 19.0x
$371,080 $1,660 19.0x
$254,599 $1,171 18.0x
$324,184 $1,743 16.0x
$233,633 $1,187 16.0x
$233,561 $1,084 18.0x
$368,864 $1,581 19.0x
$169,079 $912 15.0x
$248,404 $1,043 20.0x
$264,537 $1,056 21.0x
$199,723 $1,134 15.0x
$134,690 $733 15.0x

Home prices

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Monthly rent

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GRM

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Nerstrand

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Trend Insights

Median Rent in Nerstrand, MN is $1,220, with MoM change +$14 and YoY change +$105 pointing to positive momentum while volatility is low (std $27).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Nerstrand, MN.

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Metric
Base market Nerstrand, MN
Compare market Select a market
Delta vs base
Median rent
$1,220
N/A
Median price
$391,643
N/A
YoY change
+$105
N/A
Price-to-rent
26.8x
Data unavailable
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