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These days, finding an affordable place to live in the 56324 area can be challenging. Home prices in 56324 are now at a median cost of $320,450, lower than the Minnesota average of $345,793.
The average cost of rent is $852/mo in 56324, primarily driven by the current value of real estate in the 56324 area. In 56324, 4.99% of households rent, and 46.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56324 is $7,837 per month. Households that rent pay about 10.88% of their income on rent here. 56324’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern 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
- 56309, MN: less expensive homes
- 56537, MN: less expensive homes
- 56515, MN: higher priced homes
- 56590, MN: less expensive homes
- 56524, MN: equally priced homes
- 56326, MN: less expensive homes
- 56588, MN: equally priced homes
- 56543, MN: less expensive homes
- 56565, MN: less expensive homes
- 56522, MN: less expensive homes
Zip Codes with Similar Populations
- 04987, ME: less expensive homes
- 05039, VT: less expensive homes
- 05757, VT: less expensive homes
- 08001, NJ: equally priced homes
- 15427, PA: less expensive homes
- 08887, NJ: equally priced homes
- 14855, NY: less expensive homes
- 13780, NY: less expensive homes
- 65754, MO: less expensive homes
- 63629, MO: less expensive homes
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