The story of this market
The typical home in ZIP 56447 sells for about $389,900, or $167 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $683 a month.
ZIP 56447 — Emily
The housing market in 56447 remains stable, driven by consistent demand for recreational and retirement properties. Low inventory levels continue to support modest price appreciation, though sales volume remains limited by the seasonal nature of the local market.
This ZIP is ideal for retirees, vacation-home buyers, and outdoor enthusiasts seeking a quiet, lake-centric lifestyle, rather than daily commuters.
Median prices moved up 2.1% year over year.
Homes spend a median of 84 days on market with 7.2 months of supply — a slower-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 2.2% · poverty 14.5% — 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 8.6%/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 8.0%/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 56447, Crow Wing 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 the Emily area are generally low and consistent with rural Crow Wing County trends, remaining well below state and national averages.
The area is served by the Crosby-Ironton School District, which maintains a stable academic reputation within the regional rural context.
The region faces moderate wildfire risk due to dense forest cover and seasonal flood risks near the numerous lakes, requiring standard property insurance coverage.
Economic momentum is driven primarily by seasonal tourism, outdoor recreation, and small-scale local services, with limited large-scale industrial development.
Property taxes are assessed by Crow Wing County based on market value; the area lacks significant special district overlays like MUDs, relying on standard municipal and county levies.
Commuting is primarily car-dependent, with residents traveling to Brainerd or Crosby for employment; public transit options are not available.
The area is a premier destination for lake-based recreation, including boating and fishing on the Emily and Lake Roosevelt chains, with extensive snowmobile and ATV trail networks.
The rental market is characterized by low inventory and high seasonal demand, with many properties utilized for short-term vacation rentals.
The local economy is heavily reliant on the tourism and hospitality sectors, supported by seasonal visitors and a small base of local service businesses.
Transportation is entirely reliant on private vehicles via state highways; there is no public transit infrastructure.
Development is largely focused on small-scale residential infill and recreational infrastructure improvements.
Crow Wing County Assessor manages property valuations, typically conducting periodic reassessments to align with market value trends.
Parcels are primarily subject to county, township, and Crosby-Ironton School District levies.
Property insurance premiums are influenced by regional wildfire and water-damage risks, with availability generally stable.
Data retrieved from data.census.gov ZCTA 56447 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.
A major regional lake providing boating, fishing, and swimming access.
Local community park offering picnic areas and playground facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.