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Nerstrand, MN 55053 Homes For Sale

The median home value in Nerstrand, MN 55053 is $364,700. This is higher than the county median home value of $309,900. The national median home value is $338,100. The average price of homes sold in Nerstrand, MN 55053 is $364,700. Approximately 88.92% of Nerstrand, MN 55053 homes are owned, compared to 8.52% rented, while 2.56% are vacant. Nerstrand, MN 55053 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Nerstrand, MN 55053 real estate agent to arrange a tour today!

Learn More About Nerstrand, MN 55053 Real Estate

Statistics & facts

1,182 Population
$364K Medium Home Value
343 # of Households
2.56% Housing Vacancy
32.12% Future Job Growth
2.60% Unemployment Rate

Andrea Conner, License # RRE-BRO-LIC-62943, Xome Inc., License # RRE-BRO-LIC-62943, AndreaD.Conner@Xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


All information is subject to change, is deemed reliable but is not guaranteed, and should be independently verified. The information being provided is for consumers' personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. © 2025 Montana Regional MLS, LLC and FBS. All Rights Reserved.


Population

Nerstrand, MN 55053 has a population of approximately 1,182 and experiences a population change rate of 66.48%. The population density is 27.5 / sq mi.

Household

The median household income for Nerstrand, MN 55053 is $84,792, with 343 households and an average household size of 2.91.

Cost of Living

The cost of living index in Nerstrand, MN 55053 is 106.1%.

Home Value

The median value of a home in Nerstrand, MN 55053 is $364,700 with an appreciation rate of 12.2%. 88.9% of housing in the zip code is owned while 8.5% is rented.

Employment

The unemployment rate in Nerstrand, MN 55053 is 2.60%, and recent job growth is at 0.55%. Future job growth is projected at 32.12%.

Taxes

The sales tax rate in Nerstrand, MN 55053 is 7.38%, while the income tax rate is 6.80%.

Education

School expenditures in Nerstrand, MN 55053 are $20,007, and the school ratio is 15.2:1.

Weather

The average high temperature in July is 82.1 degrees, with an average low temperature in January of 3.9 degrees. The average rainfall is approximately 33.4 inches per year, with 43.6 inches of snow per year.

Education near Nerstrand MN, 55053

Metric City County
High School Graduates 95.43 92.31
College Degree - 2 year 18.29 11.24
College Degree - 4 year 14.86 28.93
Graduate Degree 5.14 7.35
Expenditures per Student $20,007 $20,007
Students per Teacher 15.20 15.20

Elementary Schools near Nerstrand MN , 55053

School Grades Students P/T Ratio ZIP
Bridgewater Elementary School KG - 05 592 15.8 55057
Cannon River Stem School KG - 08 294 12.7 55021
Greenvale Park Elementary School KG - 05 479 12.7 55057
Jefferson Elementary School KG - 05 530 12.3 55021
Kenyon-Wanamingo Elementary School PK - 04 321 13.9 55983
Lincoln Elementary School KG - 05 512 12.2 55021
Nerstrand Charter School KG - 05 152 18.3 55053
Roosevelt Elementary School KG - 05 510 13 55021
Sibley Elementary School KG - 05 574 15.2 55057

Middle Schools near Nerstrand MN , 55053

School Grades Students P/T Ratio ZIP
Faribault Middle School 06 - 08 856 15.6 55021
Kenyon-Wanamingo Middle School 05 - 08 250 18.3 55946
Northfield Middle School 06 - 08 958 20.2 55057

High Schools near Nerstrand MN , 55053

School Grades Students P/T Ratio ZIP
Faribault Senior High School 09 - 12 1222 21.6 55021
Kenyon-Wanamingo Senior High School 09 - 12 263 17.4 55946
Northfield Senior High School 09 - 12 1239 20.5 55057

Ungraded Schools near Nerstrand MN , 55053

School Grades Students P/T Ratio ZIP
Arcadia Charter School 06 - 12 126 10.6 55057
Cannon River Education Center S.U.N KG - 12 10 4.6 55021
Discovery Public School Faribault 06 - 12 55 8.2 55021
Early Childhood Special Education PK - PK 89 6.8 55021
Focus 04 - 12 13 3.1 55021
MN Academy for the Blind PK - 12 47 3.4 55021
MN Academy for the Deaf PK - 12 126 5.3 55021
Northfield Area Learning Center 06 - 12 45 7 55057