56121 Housing Market, MN
Last updated June 2026
As of the latest data, the typical home in 56121 is valued around $171K, up 7.7% over the past 12 months. The market is home to roughly 590 residents. Looking ahead, Curb Report's 12-month price forecast points to below-average outlook, housing crash risk is moderate, rental cap rates run below market median, the overall Investment Score grades weak. Below you'll find 56121's home prices, price forecast, crash and climate risk, property taxes, cap rate, and rental data, updated monthly from Zillow, the Census Bureau, FEMA, and 30+ sources. Create a free account to explore the full interactive map, or analyze a specific listing with Curb Check.
Median home value
$171K
1-year growth
+7.7%
Population
590
12-mo forecast
Below-average outlookCrash risk
ModerateCap rate
Below market medianNet migration
-127
Affordability
51/100
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56121 housing market FAQ
Is now a good time to buy in 56121?
Curb Report's 12-month price forecast for 56121 currently points to below-average outlook, with moderate housing crash risk. Create a free account to see the full forecast, the signals driving it, and historical trends before you buy.
What is the housing crash risk in 56121?
56121's housing crash risk is currently moderate, based on price-to-income, inventory, days-on-market, and overvaluation signals. See the full Crash Risk breakdown and what's driving it on Curb Report.
What is the median home price in 56121?
The typical home value in 56121 is about $171K, up 7.7% over the past year. Explore the full price history and 12-month forecast on Curb Report.
Is 56121 a good place to invest in rental property?
In 56121, rental cap rates run below market median and the overall Investment Score grades weak. Use the Curb Check tool to paste any Zillow or Redfin listing and get instant cap rate, cash flow, and a risk read for that specific property.
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