Paynesville Real Estate Market Conditions

Median sales price
$237,000

6.94% change since last quarter
# Active listings
54
30-day change

Paynesville Schools and Demographics

Schools
Demographics

Education near Paynesville, MN

	City	County
High School Graduates	79.84	92.01
College Degree - 2 year	11.15	13.42
College Degree - 4 year	16.32	27.17
Graduate Degree	3.89	5.61
Expenditures per Student	10,468	11,919
Students per Teacher	14.7	14.6

Elementary Schools near Paynesville, MN

	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

	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

	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

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

	City	County
Neighborhood Type	Suburban
Population	2,717	155,300
Population Density	1,169	116
Median Age	44.2	34.1
People per Household	2.2	2.5
Median Household Income	48,661	59,564
Average Income per Capita	24,324	29,148

View Homes for Sale in Paynesville

Paynesville Real Estate

The median home value in Paynesville, MN is $237,000. This is higher than the county median home value of $192,400. The national median home value is $219,700. The average price of homes sold in Paynesville, MN is $237,000. Approximately 64.15% of Paynesville homes are owned, compared to 31.4% rented, while 4.45% 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 2,717. Paynesville is less family-centric than the surrounding county with 21.48% of the households containing married families with children. The county average for households married with children is 32.32%.

The median household income in Paynesville, Minnesota is $48,661. The median household income for the surrounding county is $59,564 compared to the national median of $57,652. The median age of people living in Paynesville is 44.2 years.

Paynesville Weather

The average high temperature in July is 83 degrees, with an average low temperature in January of 3.4 degrees. The average rainfall is approximately 29.5 inches per year, with 51 inches of snow per year.