Luverne MN Multi Family for Sale

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Luverne Real Estate

The median home value in Luverne, MN is $216,000. This is higher than the county median home value of $200,900. The national median home value is $338,100. The average price of homes sold in Luverne, MN is $216,000. Approximately 67.84% of Luverne homes are owned, compared to 25.46% rented, while 6.71% are vacant. Luverne 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 Luverne real estate agent to arrange a tour today!

Luverne, Minnesota has a population of 4,929. Luverne is less family-centric than the surrounding county with 30.22% of the households containing married families with children. The county average for households married with children is 33.68%.

The median household income in Luverne, Minnesota is $65,043. The median household income for the surrounding county is $68,638 compared to the national median of $69,021. The median age of people living in Luverne is 37.8 years.

Luverne Weather

The average high temperature in July is 83.9 degrees, with an average low temperature in January of 6.1 degrees. The average rainfall is approximately 28.7 inches per year, with 39.7 inches of snow per year.

Luverne Real Estate Market Conditions

  • Median sales price

    $216,000
    14.7% change since last quarter
  • # Active listings

    30
    30-day change

Luverne Schools and Demographics

Education near Luverne, MN

Metric City County
High School Graduates 95.01 94.37
College Degree - 2 year 11.25 13.42
College Degree - 4 year 28.31 25.74
Graduate Degree 6.84 5
Expenditures per Student 22,057 22,057
Students per Teacher 14.5 14.5

Elementary Schools near Luverne, MN

School Grades Students P/T Ratio ZIP
Ellsworth Elementary School PK - 06 70 7.3 56129
Hills-Beaver Creek Elementary School PK - 06 213 16.3 56116
Luverne Elementary School PK - 05 559 14.1 56156

Middle Schools near Luverne, MN

School Grades Students P/T Ratio ZIP
Luverne Middle School 06 - 08 265 14.1 56156

High Schools near Luverne, MN

School Grades Students P/T Ratio ZIP
Ellsworth Secondary School 07 - 12 75 8.5 56129
Hills-Beaver Creek Secondary School 07 - 12 140 13 56138
Luverne Senior High School 09 - 12 375 16 56156

Ungraded Schools near Luverne, MN

School Grades Students P/T Ratio ZIP
* Luverne Alternative Program 10 - 12 0 2.1 56156
Southwestern Youth Services 06 - 12 14 8.5 56158

Demographics near Luverne, MN

Metric City County
Neighborhood Type Small Town
Population 4,929 9,718
Population Density 1,369 20
Median Age 37.8 40.4
People per Household 2.3 2.4
Median Household Income 65,043 68,638
Average Income per Capita 32,952 34,517