Active Listings
1
⇩ 50% vs 2 last year
Population: 1,037 · Density: 8.2/mi² · Median household income: $94,205
Typical home value: $316,378 · Homeownership: 91.5%
Data as of January 2026. Source: Realtor.com.
The NERSTRAND, MN real estate market (55053) currently shows 1 active listings, with 1 pending sales. Homes are averaging 33 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 33 days on market compared to 47 days last year.
The median listing price has fallen 67.9% year-over-year, from $950,000 to $304,950.
Whether you are buying or selling in NERSTRAND, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55053 | Nerstrand, MN 55053 | 0.0 mi | 1 | $304,950 | $304,950 | $304,950 |
| 55946 | Kenyon, MN 55946 | 8.0 mi | 8 | $1,592,400 | $209,000 | $199,050 |
| 55057 | Northfield, MN 55057 | 10.2 mi | 74 | $46,102,592 | $437,500 | $623,008 |
| 55983 | Wanamingo, MN 55983 | 13.3 mi | 11 | $3,474,460 | $319,950 | $315,860 |
| 55065 | Randolph, MN 55065 | 13.8 mi | 3 | $1,499,799 | $499,900 | $499,933 |
| 55985 | West Concord, MN 55985 | 15.6 mi | 10 | $3,949,800 | $350,000 | $394,980 |
| 55046 | Lonsdale, MN 55046 | 18.5 mi | 17 | $8,585,935 | $389,899 | $505,055 |
| 55024 | Farmington, MN 55024 | 19.5 mi | 140 | $66,149,860 | $467,000 | $472,499 |
| 55052 | Morristown, MN 55052 | 20.2 mi | 4 | $1,759,760 | $449,900 | $439,940 |
| 55060 | Owatonna, MN 55060 | 21.6 mi | 79 | $28,186,173 | $339,950 | $356,787 |
| 55020 | Elko New Market, MN 55020 | 21.8 mi | 21 | $12,303,858 | $559,945 | $585,898 |
| 55044 | Lakeville, MN 55044 | 22.7 mi | 260 | $164,129,940 | $599,265 | $631,269 |
| 55927 | Dodge Center, MN 55927 | 23.9 mi | 10 | $3,993,090 | $325,000 | $399,309 |
As of January 2026, there are 1 active listings in NERSTRAND, MN (zip code 55053), compared to 2 the prior year.
The median listing price in NERSTRAND, MN 55053 is $304,950 as of January 2026, a 67.9% decrease from $950,000 the prior year.
Homes in NERSTRAND, MN 55053 spend an average of 33 days on the market before going under contract, compared to 47 days the prior year.
Based on current inventory and days-on-market data as of January 2026, NERSTRAND, MN 55053 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 33 days on market compared to 47 days last year.
With SELL123.com's maximum 3% commission, sellers in NERSTRAND, MN 55053 save an estimated $6,099 compared to a typical 5% commission on the median listing price of $304,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.