The story of this market
The typical home in ZIP 56453 sells for about $245,000, or $142 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $942 a month.
ZIP 56453 — Hewitt
The housing market in 56453 remains stable with modest price appreciation and low inventory levels. Demand is driven by local residents and those seeking rural affordability, keeping the market balanced despite limited new construction activity.
This ZIP is well-suited for families and individuals seeking a quiet, rural lifestyle with affordable housing options and a strong sense of community.
Median prices moved up 2.1% year over year.
Homes spend a median of 68 days on market with 4.8 months of supply — a balanced-paced market.
19% of listings have cut prices · homes sell at 97.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.1% · poverty 15.7% — 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 5.2%/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 5.2%/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 56453, Otter Tail 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 remain significantly lower than state and national averages, with property crime being the primary concern.
Schools serving this area are generally characterized as stable, community-focused rural districts with moderate academic performance ratings.
The area faces moderate risks from severe thunderstorms and winter weather, with standard flood insurance requirements for properties located near local waterways.
Economic momentum is driven by local agriculture, small-scale manufacturing, and regional service industries, with limited large-scale commercial development.
Property taxes are assessed at the county level based on market value, with local school district levies comprising the largest portion of the tax bill.
Commutes are primarily car-dependent, with residents traveling to nearby regional employment hubs via state highways.
The area offers abundant outdoor recreation including access to local lakes for fishing, public parks, and seasonal trail systems.
The rental market is characterized by low inventory and steady demand from local workers, with limited turnover and minimal short-term rental presence.
The local economy is anchored by agricultural operations and small-business services, with many residents commuting to larger nearby towns for employment.
Transportation is almost exclusively private vehicle-based, with no public transit infrastructure serving the immediate area.
Development is primarily focused on residential infill and small-scale agricultural improvements.
The county assessor maintains property values through periodic physical inspections and market-based adjustments.
Parcels are subject to local school district taxes and county-level administrative levies.
Property insurance premiums are stable, though coverage for wind and hail damage is a standard consideration for homeowners.
Data retrieved from data.census.gov ZCTA-level tables.
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 seasonal fishing and boating opportunities for residents.
Features playground equipment and picnic areas for local families.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.