The story of this market
The typical home in ZIP 56218 sells for about $145,000, or $98 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $545 a month.
ZIP 56218 — Boyd
The Appleton housing market remains stable with low inventory and modest price adjustments. Demand is driven by local employment and affordability, though limited sales volume makes the market sensitive to individual listing activity.
This ZIP is best suited for local workers, retirees, and budget-conscious families seeking an affordable, quiet, small-town lifestyle.
Median prices moved down 2.1% year over year.
Homes spend a median of 84 days on market with 6.2 months of supply — a balanced-paced market.
8% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.3% · poverty 14.3% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 56218, Swift County MN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Appleton are generally low, consistent with small-town rural Minnesota trends and significantly below national averages.
The area is served by Lac qui Parle Valley School District, which provides standard public education for the region.
The region faces moderate risks from severe weather, including winter storms and occasional high winds, with standard flood insurance requirements for properties near the Pomme de Terre River.
Economic momentum is stable, driven primarily by local agriculture, small-scale manufacturing, and public sector employment in Swift County.
Property taxes are assessed by Swift County based on market value; the rate includes local school district levies and municipal taxes for the city of Appleton.
Commutes are primarily local within Swift County, with limited public transit options requiring personal vehicle ownership for regional travel.
The area features access to the Pomme de Terre River, local city parks, and proximity to regional hunting and fishing grounds.
The rental market is characterized by low inventory and steady demand from local workers, with limited short-term rental presence.
The economy is anchored by agriculture, local government, and small-scale industrial operations in Swift County.
Transportation is dominated by highway access via MN-119 and MN-7, with no major public transit infrastructure.
There are no major large-scale commercial or residential developments currently under construction in the ZIP.
Swift County Assessor manages property valuations based on annual market analysis and state-mandated assessment cycles.
Parcels are subject to Lac qui Parle Valley School District taxes and standard county-level utility and drainage district assessments.
Property insurance premiums are stable but reflect regional exposure to severe convective storms and winter weather.
Minnesota is a judicial foreclosure state with specific statutory redemption periods for homeowners.
Minnesota law requires sellers to provide a written disclosure statement regarding the condition of the property.
Data retrieved from data.census.gov ZCTA 56218 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Local community park with recreational facilities.
Provides local fishing and outdoor recreation access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.