The story of this market
The typical home in ZIP 56338 sells for about $235,000, or $148 per square foot.
Prices are up +2.2% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $675 a month.
ZIP 56338 — Hillman
The housing market in 56338 remains stable with low inventory and steady demand from local buyers. Prices have seen modest year-over-year growth, reflecting the broader regional trend of limited supply and consistent interest in rural residential properties.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with affordable housing options and a strong sense of community.
Median prices moved up 2.2% year over year.
Homes spend a median of 62 days on market with 3.5 months of supply — a fast-moving 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 6.2% · poverty 10.2% — 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 4.7%/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 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 56338, Stearns 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 this rural Minnesota area are consistently low, with incidents primarily limited to minor property-related offenses that remain well below state and national averages.
Schools serving this ZIP are part of smaller regional districts that generally maintain stable performance ratings and focus on personalized student support.
The area faces minimal wildfire risk, though seasonal wind events and occasional heavy snow loads are the primary climate-related considerations for property maintenance and insurance.
Economic momentum is driven by local agricultural operations, small-scale manufacturing, and regional service hubs, with limited large-scale commercial development.
Property taxes are assessed at the county level based on market value, with rates influenced by local school district levies and municipal service requirements.
Commutes are primarily car-dependent, with residents typically driving to nearby regional employment centers for work.
The area offers access to local parks, nearby lakes for seasonal fishing and boating, and community-focused outdoor spaces.
The rental market is limited in depth, consisting mostly of single-family homes and small multi-family units with low turnover and stable demand.
The local economy is anchored by agriculture, small-town retail, and regional public services.
Transportation is almost exclusively via private vehicle, with access to regional highway corridors.
Development is primarily focused on maintaining existing infrastructure rather than large-scale new construction.
The Stearns County Assessor manages property valuations, focusing on annual market adjustments to ensure equitable taxation.
Parcels are subject to standard county and school district tax levies, with no major MUD or PID developments reported.
Property insurance premiums are generally stable, reflecting the low-hazard environment of the region.
Net domestic migration is stable, with modest growth driven by individuals seeking lower costs of living.
Minnesota operates as a judicial foreclosure state with specific notice and redemption periods for homeowners.
Sellers are required to provide a comprehensive disclosure statement regarding the physical condition of the property.
Data retrieved from data.census.gov for ZCTA 56338.
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 basic recreational facilities and green space for residents.
Offers seasonal fishing and boating opportunities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.