The story of this market
The typical home in ZIP 56347 sells for about $345,000, or $204 per square foot.
Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $1,030 a month.
ZIP 56347 — Long Prairie
The housing market in the 56347 area is characterized by low inventory and stable pricing. Market activity is primarily driven by local demand in a rural setting, with limited turnover in the current period.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 58 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.3% · poverty 12.4% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 56347
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 derived from Morrison County census profiles as proxy for rural ZCTA 56347.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.