The story of this market
The typical home in ZIP 56374 sells for about $345,000, or $165 per square foot.
Homes take about 44 days to sell. HUD's fair market rent for a two-bedroom is $1,125 a month.
ZIP 56374 — St. Joseph
The Saint Joseph market is a local-operator environment with a median entry price of approximately $345,000. Market metrics currently lag behind broader Stearns County averages, suggesting a challenging landscape for outside investors.
This ZIP is suited for local investors who possess deep knowledge of the area, as outside capital often struggles to achieve target returns.
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.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.5% · poverty 14.7% — a stable, low-distress profile.
ZCTA 56374, Stearns 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.
Employment concentration in the area leans toward local-operator markets with substantial work required to hit pro forma targets.
The area is characterized as a local-operator market with metrics running below Stearns County averages on tenant stability.
The local economy is driven by regional employment concentrations in Stearns County, with a focus on local-operator business models.
Data not available via public census API for this specific ZCTA.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.