The story of this market
The typical home in ZIP 55606 sells for about $498,405, or $438 per square foot.
Prices are up +8.1% from a year ago, so sellers still have some momentum. Homes take about 28 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,600 a month.
This ZIP has no home sales of its own, so its market figures come from Cook County, Minnesota (county-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 55606 — Hovland
The housing market in the 55606 area, largely reflective of Cook County trends, shows moderate price appreciation and a limited inventory of homes. Market activity is characterized by a low volume of closed sales and a seller-leaning environment. Data is aggregated at the county level due to limited ZIP-specific reporting.
Median prices moved up 8.1% year over year.
Homes spend a median of 28 days on market with 43.2 months of supply — a balanced-paced market.
6% of listings have cut prices · homes sell at 94.36% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 20.7% — a stable, low-distress profile.
ZCTA 55606, Cook 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.
The local economy is primarily driven by accommodation, food services, retail trade, and health care sectors.
Data sourced from Cook County aggregate reports.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass. Contamination repair: median price, median rent, price per sq ft reproduced Cook County's own figure to the dollar and were cleared — a parent aggregate is not this ZIP's reading.