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These days, finding an affordable place to live in the 56278 area can be challenging. Home prices in 56278 are now at a median cost of $191,719, lower than the Minnesota average of $345,793.
The average cost of rent is $800/mo in 56278, primarily driven by the current value of real estate in the 56278 area. In 56278, 19.48% of households rent, and 54.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56278 is $5,484 per month. Households that rent pay about 14.58% of their income on rent here. 56278’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 57216, SD: higher priced homes
- 56276, MN: less expensive homes
- 56225, MN: equally priced homes
- 57252, SD: equally priced homes
- 57227, SD: higher priced homes
- 56227, MN: less expensive homes
- 57269, SD: higher priced homes
- 57279, SD: equally priced homes
- 56208, MN: less expensive homes
- 57251, SD: higher priced homes
Zip Codes with Similar Populations
- 92283, CA: less expensive homes
- 52045, IA: higher priced homes
- 02110, MA: higher priced homes
- 37888, TN: less expensive homes
- 30258, GA: higher priced homes
- 29432, SC: less expensive homes
- 27939, NC: higher priced homes
- 27924, NC: less expensive homes
- 26719, WV: higher priced homes
- 26408, WV: higher priced homes
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