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Courtland

Learn about the people, housing, costs and businesses in Courtland, Minnesota

Median Home$273,800
Median Rent$881/month
Population719
Leading IndustriesPublic Administration · Information & Media · Construction35% public administration
Home Value Growth⬆⬆+12.7% over 2 years
Retirees23% of residentsslightly above average
Homeowners89% of occupied units
NotableHigh Incomes$98k/year · top 19% nationally
Courtland
MN

Frequently Asked Questions

What are today's mortgage rates in Courtland?

As of today, the 30-year fixed mortgage rate for Courtland is approximately 7.053% (7.094% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Courtland?

The median home value in Courtland is $274k. The median monthly rent is $881. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Courtland?

Home values in Courtland have increased 12.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Courtland?

Based on a typical all-in ownership cost of $1,182/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Courtland is $98k/year.

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What industries drive the economy in Courtland?

The largest employment sectors in Courtland are public administration (35%) and agriculture and mining (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.