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56742 Housing Market, MN

Last updated June 2026

As of the latest data, the typical home in 56742 is valued around $196K, up 6.0% over the past 12 months. The market is home to roughly 744 residents. Looking ahead, Curb Report's 12-month price forecast points to mixed signals, housing crash risk is low, rental cap rates run below market median, the overall Investment Score grades strong. Below you'll find 56742'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

$196K

1-year growth

+6.0%

Population

744

12-mo forecast

Mixed signals

Crash risk

Low

Cap rate

Below market median

Net migration

-35

Affordability

85/100

56742 housing market FAQ

Is now a good time to buy in 56742?

Curb Report's 12-month price forecast for 56742 currently points to mixed signals, with low 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 56742?

56742's housing crash risk is currently low, 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 56742?

The typical home value in 56742 is about $196K, up 6.0% over the past year. Explore the full price history and 12-month forecast on Curb Report.

Is 56742 a good place to invest in rental property?

In 56742, rental cap rates run below market median and the overall Investment Score grades strong. 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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