Paynesville MN Multi Family for Sale

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Paynesville Real Estate

The median home value in Paynesville, MN is $254,800. This is lower than the county median home value of $259,300. The national median home value is $338,100. The average price of homes sold in Paynesville, MN is $254,800. Approximately 66.47% of Paynesville homes are owned, compared to 27.65% rented, while 5.88% are vacant. Paynesville 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 Paynesville real estate agent to arrange a tour today!

Paynesville, Minnesota has a population of 2,048. Paynesville is less family-centric than the surrounding county with 27.84% of the households containing married families with children. The county average for households married with children is 33.31%.

The median household income in Paynesville, Minnesota is $59,808. The median household income for the surrounding county is $68,212 compared to the national median of $69,021. The median age of people living in Paynesville is 50 years.

Paynesville Weather

The average high temperature in July is 82.1 degrees, with an average low temperature in January of 1.9 degrees. The average rainfall is approximately 30.2 inches per year, with 44.5 inches of snow per year.

Paynesville Real Estate Market Conditions

  • Median sales price

    $254,800
    13.6% change since last quarter
  • # Active listings

    46
    30-day change

Paynesville Schools and Demographics

Education near Paynesville, MN

Metric City County
High School Graduates 87.33 92.25
College Degree - 2 year 14.13 14.22
College Degree - 4 year 25.48 28.69
Graduate Degree 6.24 6.72
Expenditures per Student 15,893 15,893
Students per Teacher 15.3 15.3

Elementary Schools near Paynesville, MN

School Grades Students P/T Ratio ZIP
Eden Valley Elementary School KG - 06 501 16.1 55329
Paynesville Elementary School PK - 05 456 14.8 56362
Prairie Woods Elementary School PK - 04 570 14.9 56273
Richmond Elementary School KG - 05 146 18.6 56368

Middle Schools near Paynesville, MN

School Grades Students P/T Ratio ZIP
New London-Spicer Middle School 05 - 08 450 15.8 56273
Paynesville Middle School 06 - 08 225 16.4 56362

High Schools near Paynesville, MN

School Grades Students P/T Ratio ZIP
Belgrade-Brooten-Elrosa Secondary School 07 - 12 303 15.5 56312
Eden Valley Secondary School 07 - 12 415 14.9 55329
New London-Spicer Senior 09 - 12 378 15.1 56273
Paynesville Area High School 09 - 12 283 15.3 56362

Ungraded Schools near Paynesville, MN

School Grades Students P/T Ratio ZIP
* New London Alternative School 09 - 12 15 44.1 56273
Eden Valley-Watkins ALP KG - 12 2 55329

Demographics near Paynesville, MN

Metric City County
Neighborhood Type Small town
Population 2,048 157,638
Population Density 881 117
Median Age 50 34.9
People per Household 2.1 2.5
Median Household Income 59,808 68,212
Average Income per Capita 32,090 33,585