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These days, finding an affordable place to live in the 56725 area can be challenging. Home prices in 56725 are now at a median cost of $206,164, lower than the Minnesota average of $345,793.
The average cost of rent is $960/mo in 56725, primarily driven by the current value of real estate in the 56725 area. In 56725, 9.42% of households rent, and 49.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 56725 is $6,555 per month. Households that rent pay about 14.65% of their income on rent here. 56725’s most expensive areas are in the southwestern 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
- 56701, MN: equally priced homes
- 56754, MN: higher priced homes
- 56760, MN: equally priced homes
- 56666, MN: less expensive homes
- 56762, MN: less expensive homes
- 56710, MN: less expensive homes
- 56685, MN: equally priced homes
- 56744, MN: less expensive homes
- 58256, ND: higher priced homes
- 58258, ND: higher priced homes
Zip Codes with Similar Populations
- 17758, PA: equally priced homes
- 15064, PA: higher priced homes
- 65058, MO: higher priced homes
- 62460, IL: less expensive homes
- 62803, IL: less expensive homes
- 63339, MO: less expensive homes
- 63766, MO: less expensive homes
- 64163, MO: equally priced homes
- 64739, MO: higher priced homes
- 68343, NE: less expensive homes
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