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56450 Zip Code Housing

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As of 2010-2014, median price of a house in 56450 Zip Code is $166,300, which is lower than the state average of $185,200 and is lower than the national average of $175,700. The 56450 Zip Code median house value has grown by 68.15% since 2000. The growth rate for the price of a house in 56450 Zip Code is higher than the state average rate of 51.31% and is higher than the national average rate of 46.91%. The median year that a house in 56450 Zip Code was built is 1983, which is newer than the median year for a house built in the state which is 1975 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 400 Owner Occupied Houses in 56450 Zip Code, see rank

56450 Zip Code	166,300 USD
Minnesota	185,200 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

56450 Zip Code	68.15%
Minnesota	51.31%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	56450 Zip Code	Minnesota	U.S.
Total Housing Units	1,177, see rank, 100%	2,364,149	132,741,033
Occupied Housing Units	481, 40.87%, see rank	89.48%	87.55%
Owner Occupied	400, 33.98%, see rank	64.51%	56.34%
Renter Occupied	81, 6.88%, see rank	24.96%	31.21%
Vacant Housing Units	696, 59.13%, see rank	10.52%	12.45%
For Rent	11, 0.93%, see rank	1.22%	2.34%
For Sale Only	20, 1.70%, see rank	0.96%	1.20%
Rented or Sold, Not Occupied	7, 0.59%, see rank	0.68%	0.92%
For Seasonal, Recreational, or Occasional Use	629, 53.44%, see rank	5.29%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.01%	0.03%
Other Vacant	29, 2.46%, see rank	2.36%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #123

56450 Zip Code	Minnesota	U.S.
1983	1975	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	56450 Zip Code	%	Minnesota	U.S.
Owner-Occupied Units	400	100%	1,525,201	74,787,460
With a Mortgage	198	49.50%, see rank	68.78%	65.58%
Without a Mortgage	202	50.50%, see rank	31.22%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

56450 Zip Code	1,090 USD
Minnesota	1,526 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	56450 Zip Code	%	Minnesota	U.S.
$299 or Less	0	0.00%, see rank	0.18%	0.20%
$300 to $499	16	8.08%, see rank	1.30%	1.59%
$500 to $699	32	16.16%, see rank	4.08%	5.01%
$700 to $999	34	17.17%, see rank	12.50%	14.32%
$1,000 to $1,499	65	32.83%, see rank	30.43%	27.90%
$1,500 to $1,999	41	20.71%, see rank	25.36%	20.35%
$2,000 to $2,999	3	1.52%, see rank	19.32%	19.52%
$3,000 or More	7	3.54%, see rank	6.84%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

56450 Zip Code	25.40% of the Total Income
Minnesota	22.50% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	56450 Zip Code	%	Minnesota	U.S.
10% or Less	24	12.12%, see rank	6.13%	5.86%
10% to 20%	48	24.24%, see rank	35.03%	31.95%
20% to 30%	56	28.28%, see rank	30.01%	27.64%
30% to 40%	19	9.60%, see rank	12.88%	13.74%
40% or More	48	24.24%, see rank	15.67%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

56450 Zip Code	419 USD
Minnesota	475 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	56450 Zip Code	%	Minnesota	U.S.
$199 or Less	16	7.92%, see rank	4.45%	7.76%
$200 to $299	25	12.38%, see rank	10.96%	14.70%
$300 to $499	98	48.51%, see rank	39.99%	34.63%
$500 to $699	47	23.27%, see rank	27.38%	21.16%
$700 or More	16	7.92%, see rank	17.23%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

56450 Zip Code	13.40% of the Total Income
Minnesota	11.50% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	56450 Zip Code	%	Minnesota	U.S.
10% or Less	60	29.70%, see rank	43.57%	40.19%
10% to 20%	84	41.58%, see rank	31.28%	31.47%
20% to 30%	12	5.94%, see rank	11.58%	12.24%
30% to 40%	18	8.91%, see rank	5.05%	5.64%
40% or More	27	13.37%, see rank	7.69%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	56450 Zip Code	Minnesota	U.S.
Total Housing Units	1,177, 100%	2,364,149	132,741,033
1-unit, Detached	857, 72.81%, see rank	67.25%	61.65%
1-unit, Attached	14, 1.19%, see rank	7.45%	5.82%
2 Units	16, 1.36%, see rank	2.34%	3.75%
3 or 4 Units	5, 0.42%, see rank	2.08%	4.43%
5 to 9 Units	5, 0.42%, see rank	2.23%	4.78%
10 or More Units	78, 6.63%, see rank	15.14%	13.08%
Mobile Home, Boat, RV, Van, etc.	202, 17.16%, see rank	3.52%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	56450 Zip Code	Minnesota	U.S.
Total Housing Units	1,177, 100%	2,364,149	132,741,033
1 Room	61, 5.18%, see rank	1.54%	1.95%
2 Rooms	49, 4.16%, see rank	2.83%	2.48%
3 Rooms	217, 18.44%, see rank	9.20%	9.13%
4 Rooms	285, 24.21%, see rank	14.05%	16.60%
5 Rooms	260, 22.09%, see rank	15.52%	20.41%
6 Rooms	161, 13.68%, see rank	14.98%	18.06%
7 Rooms	86, 7.31%, see rank	12.86%	12.27%
8 Rooms	12, 1.02%, see rank	11.01%	8.48%
9 Rooms or More	46, 3.91%, see rank	18.01%	10.60%
Median Rooms	4.40, see rank	6.00	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	56450 Zip Code	Minnesota	U.S.
Total Housing Units	1,177, 100%	2,364,149	132,741,033
No Bedroom	64, 5.44%, see rank	1.76%	2.17%
1 Bedroom	133, 11.30%, see rank	11.71%	11.16%
2 Bedrooms	531, 45.11%, see rank	26.64%	26.69%
3 Bedrooms	350, 29.74%, see rank	34.15%	39.70%
4 Bedrooms	77, 6.54%, see rank	19.81%	16.05%
5 or More Bedrooms	22, 1.87%, see rank	5.94%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	56450 Zip Code	Minnesota	U.S.
Total Housing Units	481, 100%	2,115,337	116,211,092
Utility Gas	160, 33.26%, see rank	66.78%	48.85%
Bottled, Tank, or LP Gas	224, 46.57%, see rank	10.05%	4.86%
Electricity	58, 12.06%, see rank	16.13%	36.68%
Fuel Oil, Kerosene, etc.	0, 0.00%, see rank	2.62%	5.86%
Coal or Coke	0, 0.00%, see rank	0.03%	0.12%
Wood	30, 6.24%, see rank	2.55%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	7, 1.46%, see rank	1.17%	0.47%
No Fuel Used	2, 0.42%, see rank	0.65%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	56450 Zip Code	Minnesota	U.S.
Occupied Units Paying Rent	66, 100%	562,198	39,201,928
$199 or Less	0, 0.00%, see rank	2.46%	1.50%
$200 to $299	0, 0.00%, see rank	4.66%	3.18%
$300 to $499	5, 7.58%, see rank	9.32%	7.37%
$500 to $699	11, 16.67%, see rank	17.06%	16.01%
$700 to $999	40, 60.61%, see rank	33.30%	29.17%
$1,000 to $1,499	10, 15.15%, see rank	23.49%	26.88%
$1,500 to $1,999	0, 0.00%, see rank	7.02%	9.79%
$2,000 or More	0, 0.00%, see rank	2.69%	6.10%
Median	$770, see rank	$835	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	56450 Zip Code	Minnesota	U.S.
Occupied Housing Units	481, 100%	2,115,337	116,211,092
No Vehicles Available	38, 7.90%, see rank	7.25%	9.12%
1 Vehicles Available	161, 33.47%, see rank	30.11%	33.80%
2 Vehicles Available	176, 36.59%, see rank	40.67%	37.48%
3 or More Vehicles Available	106, 22.04%, see rank	21.97%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.