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RUSSELL, MN 56169

Real Estate Market Report  ·  Lyon County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
vs 3 last year
Pending
3
100% pending ratio
Median Price
$127,500
⇩ 49.5% vs $252,425 last year
Average Price
$127,500
⇩ 49.5% vs $252,425 last year
Days on Market
61
⇩ 63.5% vs 167 days last year

Market Context

Population: 683  ·  Density: 4.8/mi²  ·  Median household income: $79,643

Typical home value: $131,114  ·  Homeownership: 87.8%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The RUSSELL, MN real estate market (56169) currently shows 3 active listings, with 3 pending sales. Homes are averaging 61 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 61 days on market compared to 167 days last year.

The median listing price has fallen 49.5% year-over-year, from $252,425 to $127,500.

Whether you are buying or selling in RUSSELL, 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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 61 now vs 167 last year

Median & Average Pricing

Year over Year
  • Median: $127,500 (-49.5% YoY)
  • Average: $127,500 (-49.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 30.7 miles — 87 listings ($20,744,255 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56169Russell, MN 561690.0 mi3$382,500$127,500$127,500
56178Tyler, MN 561786.9 mi4$1,025,200$225,000$256,300
56115Balaton, MN 561159.6 mi6$1,986,000$325,000$331,000
56258Marshall, MN 5625814.3 mi16$4,141,520$190,000$258,845
56149Lake Benton, MN 5614914.9 mi7$1,602,720$89,900$228,960
56264Minneota, MN 5626416.9 mi2$124,500$62,250$62,250
56175Tracy, MN 5617519.0 mi13$2,812,940$190,500$216,380
56186Woodstock, MN 5618621.3 mi2$99,800$49,900$49,900
56229Cottonwood, MN 5622922.8 mi2$510,000$255,000$255,000
56263Milroy, MN 5626323.7 mi2$259,900$129,950$129,950
56164Pipestone, MN 5616425.4 mi25$6,929,275$156,000$277,171
56180Walnut Grove, MN 5618027.4 mi4$689,900$164,950$172,475
56297Wood Lake, MN 5629730.7 mi1$180,000$180,000$180,000

Frequently Asked Questions

How many homes are for sale in RUSSELL, MN 56169?

As of January 2026, there are 3 active listings in RUSSELL, MN (zip code 56169), compared to 3 the prior year.

What is the median home price in RUSSELL, MN 56169?

The median listing price in RUSSELL, MN 56169 is $127,500 as of January 2026, a 49.5% decrease from $252,425 the prior year.

How long do homes stay on the market in RUSSELL, MN?

Homes in RUSSELL, MN 56169 spend an average of 61 days on the market before going under contract, compared to 167 days the prior year.

Is it a seller's or buyer's market in RUSSELL, MN 56169?

Based on current inventory and days-on-market data as of January 2026, RUSSELL, MN 56169 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 61 days on market compared to 167 days last year.

How much can I save on real estate commission in RUSSELL, MN?

With SELL123.com's maximum 3% commission, sellers in RUSSELL, MN 56169 save an estimated $2,550 compared to a typical 5% commission on the median listing price of $127,500. 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.