The story of this market
The typical home in ZIP 56270 sells for about $135,000, or $85 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 95 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $900 a month.
ZIP 56270 — Morton
The housing market in 56270 is characterized by low inventory and slow turnover, typical of a stable rural Minnesota community. Prices remain affordable compared to regional averages, driven by limited demand and a lack of new construction. The market is currently balanced, with few price fluctuations observed over the past year.
This ZIP is best suited for retirees, agricultural workers, and families seeking an affordable, quiet rural lifestyle away from major urban centers.
Median prices moved up 2.5% year over year.
Homes spend a median of 95 days on market with 6.0 months of supply — a slower-moving market.
15% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.3% · poverty 14.6% — 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 5.3%/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 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 56270, 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.
Crime rates in Morton are generally low and consistent with rural Renville County trends, significantly below state and national averages.
The area is served by the Renville County West school district, which provides small-town educational settings with limited extracurricular offerings compared to larger metro districts.
The region faces moderate risks from severe thunderstorms and winter weather, with flood risks primarily concentrated near the Minnesota River valley.
Economic momentum is driven by regional agriculture and local small businesses, with limited large-scale industrial or corporate development in the immediate vicinity.
Property taxes are assessed by Renville County based on market value, with rates influenced by local school district levies and municipal service requirements.
Commutes are primarily car-dependent, with residents traveling to nearby hubs like Redwood Falls or Olivia for employment and services.
Local recreation centers on the Minnesota River valley for fishing and hiking, with small community parks providing basic outdoor amenities.
The rental market is characterized by low inventory and limited turnover, primarily serving local workers and long-term residents.
The local economy is heavily reliant on the agricultural sector, with support from local government and small-scale retail services.
Transportation is exclusively via regional highways; there is no public transit infrastructure serving this rural area.
There are no major commercial or residential developments currently approved or under construction in the ZIP code.
Renville County Assessor manages property valuations, focusing on agricultural land use and residential property assessments.
Parcels are subject to Renville County West School District levies and local municipal utility assessments.
Property insurance premiums are stable but reflect risks associated with rural fire protection and severe weather exposure.
The state experiences modest net domestic migration, with rural counties like Renville seeing stable or slightly declining population trends.
Minnesota is a judicial foreclosure state, requiring court oversight for the foreclosure process.
Sellers are required to provide a comprehensive disclosure statement regarding the physical condition of the property.
Data retrieved from data.census.gov for ZCTA 56270.
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.
Provides extensive trails and scenic views for outdoor recreation.
Local community space for gatherings and outdoor activities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.