Cheapest and most expensive ZIP codes in Minnesota
Typical home values for 715 Minnesota ZIP codes with Zillow data (2026-09). Click a ZIP for its price trend and market stats.
10 most affordable ZIP codes
| ZIP | City | County | Typical value | 6-mo change |
|---|---|---|---|---|
| 56027 | Elmore | Faribault County | $82,294 | +0.4% |
| 56051 | Kiester | Faribault County | $109,296 | -4.3% |
| 55750 | Hoyt Lakes | Saint Louis County | $126,470 | +3.7% |
| 55713 | Buhl | Saint Louis County | $127,032 | -1.0% |
| 56296 | Wheaton | Traverse County | $130,096 | -0.4% |
| 55708 | Aurora | Saint Louis County | $131,256 | -0.9% |
| 55782 | Ely | Saint Louis County | $131,765 | +2.4% |
| 55764 | Marble | Itasca County | $137,073 | -3.6% |
| 55719 | Chisholm | Saint Louis County | $139,124 | +1.1% |
| 56032 | Freeborn | Freeborn County | $140,979 | +1.0% |
10 most expensive ZIP codes
| ZIP | City | County | Typical value | 6-mo change |
|---|---|---|---|---|
| 55391 | Woodland | Hennepin County | $1,028,566 | +1.8% |
| 55424 | Edina | Hennepin County | $1,020,785 | +3.2% |
| 55331 | Shorewood | Hennepin County | $830,316 | +1.7% |
| 55356 | Orono | Hennepin County | $803,155 | +2.3% |
| 55001 | Afton | Washington County | $722,937 | +1.0% |
| 55439 | Edina | Hennepin County | $689,858 | +1.8% |
| 55340 | Corcoran | Hennepin County | $685,689 | -0.2% |
| 55042 | Lake Elmo | Washington County | $640,409 | +2.4% |
| 55436 | Edina | Hennepin County | $638,089 | +1.9% |
| 55047 | Marine on Saint Croix | Washington County | $627,163 | +1.3% |
What these numbers mean for Minnesota buyers
The most expensive Minnesota ZIP code in this list has a typical home value 12.5 times the cheapest. The middle ZIP code is at $298,220. 479 of 715 ZIP codes are below the statewide typical value of $348,778.
Over the last six months, typical values rose in 490 of 715 ZIP codes and fell or held steady in 225.
Down payment at different price points
At the cheapest ZIP's typical value, a 3.5% down payment is $2,880 and 20% is $16,459. At the middle ZIP's value, the same down payments are $10,438 and $59,644. Add roughly 2% to 5% for closing costs.
Before you choose a ZIP code, compare Minnesota property and transfer taxes and check Minnesota first-time buyer programs, which can lower the cash you need.
Source: Zillow Home Value Index (ZHVI), mid-tier, by ZIP. ZIPs without their own Zillow series are excluded. 6-month change = last six monthly readings.
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