The story of this market
The typical home in ZIP 56251 sells for about $165,000, or $112 per square foot.
Prices are down 2.4% from a year ago, which gives buyers more room to negotiate. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $787 a month.
ZIP 56251 — Kandiyohi
The housing market in 56251 is characterized by low inventory and modest price adjustments. Sales activity remains limited, reflecting a stable but quiet rural market environment.
Median prices moved down 2.4% year over year.
Homes spend a median of 88 days on market with 5.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.2% · poverty 3.6% — 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 4.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 56251, Renville 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.
Data retrieved from data.census.gov ZCTA 56251 profile.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.