The story of this market
The typical home in ZIP 56208 sells for about $179,950, or $105 per square foot.
Prices are up +4.2% 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 $752 a month.
ZIP 56208 — Johnson
The housing market in 56208 is characterized by low inventory and a small volume of closed sales, typical of a rural Minnesota market. Prices have seen moderate appreciation, though the median listing price remains significantly lower than national averages. Market activity is stable with limited turnover.
Median prices moved up 4.2% year over year.
Homes spend a median of 88 days on market with 5.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.4% · poverty 20.3% — a mixed stability 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 10.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 56208
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Data sourced from US Census Bureau ZCTA 56208 profiles.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.