The story of this market
The typical home in ZIP 56468 sells for about $593,525, or $245 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $958 a month.
ZIP 56468 — Nisswa
The housing market in 56468 remains stable, supported by strong demand for recreational and high-end residential properties. While price growth has moderated compared to previous years, the limited inventory and seasonal nature of the market continue to sustain elevated price points.
This ZIP is best suited for vacation-home buyers, retirees, and affluent families seeking a recreational lifestyle, as the high price point and seasonal economy present challenges for typical commuters or first-time buyers.
Median prices moved up 2.4% year over year.
Homes spend a median of 88 days on market with 7.4 months of supply — a slower-moving market.
12% 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 1.9% · poverty 4.8% — 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 8.5%/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 8.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 56468, Minnesota
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 Nisswa area are generally low, consistent with rural and recreational lake-country communities in Minnesota.
The area is served by the Brainerd Public School District, which is generally regarded as providing stable educational outcomes for the region.
The region faces standard seasonal risks including heavy winter snowfall and potential for localized flooding near lakefront properties; wildfire risk is generally low.
Economic momentum is driven primarily by the tourism and hospitality sectors, with ongoing demand for seasonal and permanent residential development around the Gull Lake chain.
Property taxes are assessed at the county level by Crow Wing County, with rates influenced by local school district levies and municipal services in Nisswa.
Commuting is primarily car-dependent, with residents typically traveling toward Brainerd or Baxter for major employment and retail services.
The area is a premier recreational destination featuring extensive access to the Gull Lake chain, numerous golf courses, and miles of paved biking and snowmobile trails.
The rental market is heavily influenced by seasonal demand and short-term vacation rentals, leading to limited long-term inventory for year-round residents.
The economy is anchored by the hospitality, tourism, and retail sectors, with significant employment provided by local resorts and service businesses catering to seasonal visitors.
Transportation is almost exclusively via private vehicle, with Highway 371 serving as the primary north-south corridor connecting the area to Brainerd.
Development is focused on maintaining the recreational character of the area while managing growth in residential subdivisions and resort expansions.
Crow Wing County Assessor manages property valuations, with assessments typically reflecting market value trends in the lake-country real estate market.
Parcels are subject to Brainerd Public School District taxes and various local lake improvement districts.
Property insurance premiums are influenced by the area's proximity to water and the prevalence of seasonal, high-value residential structures.
Data retrieved from US Census Bureau 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.
A major recreational lake serving as the primary anchor for local tourism and boating.
A championship-level golf course attracting regional visitors.
A major paved trail system for cycling and snowmobiling that runs through the area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.