According to statistics, the population in Nisswa, MN amounts to 1,962, which shows decline -8% compared to the previous year. The median age of the city’s residents is 49. The average household income is $60,750, shifting decline -6% from the past year, and the average property value in Nisswa, MN decline -10% to $249,700 throughout the year.
|Number Of Employees||960|
|Median Property Value||$249,700|
The average household income in Nisswa, MN declined from $64,453 to $60,750 in the past year. This data is an estimate based upon 813 households in Nisswa, MN . The chart below presents how household income is distributed in Nisswa, MN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Nisswa, MN shifted from $278,600 to $249,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Nisswa, MN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Nisswa, MN properties falls in the '$400,000 to $499,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Nisswa, MN compared to median property taxes around the country. The prevalent amount of property taxes in Nisswa, MN equals $3000, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Nisswa, MN increased by 50.1% to $700,016.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 40.4% to $199,900. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $449,900. A 3-bed apartment goes for $530,062, it increased by 19.6% lately. We discerned the rise of 4- and more bed apartment price. It increased by 49.2% and made it up to $1,214,661.
While assessing the property pricing Nisswa, MN, you can note that it remains flat with a price tag of $69,900. Price reports demonstrate that house price increased by 28.9% this month making it up to $795,574. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $325,000.