The story of this market
The typical home in ZIP 56221 sells for about $242,500, or $109 per square foot.
Homes take about 44 days to sell. HUD's fair market rent for a two-bedroom is $779 a month.
ZIP 56221 — Chokio
The housing market in Canby is characterized by low inventory and stable pricing, with a median home price of $242,500. Market activity remains modest, reflecting the rural nature of the local economy in Yellow Medicine County.
This area is primarily suited for local residents and family buyers seeking affordable, small-town living in rural Minnesota.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 44 days on market with 0.0 months of supply — a fast-moving market.
25% of listings have cut prices · homes sell at 0% of asking — demand is cooling.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.2% · poverty 9.1% — a stable, low-distress profile.
Canby city, Yellow Medicine County, 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.
The local economy is primarily driven by agriculture and small-town service industries typical of rural Yellow Medicine County.
Data retrieved from US Census Bureau data.census.gov profile for Canby city, MN.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.