The story of this market
The typical home in ZIP 55921 sells for about $327,450, or $138 per square foot.
Prices are roughly flat from a year ago (+0.2719%), a market in balance. Homes take about 39 days to sell. HUD's fair market rent for a two-bedroom is $836 a month.
ZIP 55921 — Caledonia
The housing market in 55921 shows stable pricing with a median listing price of $327,450 as of July 2026. Inventory remains extremely limited with only 19 active listings, and sales volume data is not currently published for this specific ZIP code. Market conditions are driven by low turnover and a steady, small-town demand profile.
This area is primarily suited for local families and individuals seeking a rural, small-town environment with affordable housing relative to national averages.
Median prices moved up 0.3% year over year.
Homes spend a median of 39 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.0% · poverty 8.0% — a stable, low-distress 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 6.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 55921
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Caledonia are generally low, consistent with rural southeastern Minnesota trends and significantly below national averages.
The area is served by the Caledonia Public School District, which maintains a solid reputation for academic performance and community engagement.
The region faces moderate risks from severe thunderstorms and winter weather, with standard flood insurance requirements for properties near the Root River valley.
Economic momentum is driven by local agriculture, manufacturing, and proximity to the La Crosse, WI employment hub, with steady but modest development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Minnesota) — Condominium Unit Taxation: Each unit constitutes a separate parcel for tax purposes. If a declaration is recorded at least 30 days before a tax installment is due, the taxing authority must split the taxes among the units. State (Minnesota) — Minnesota General Property Tax Classification System: Property tax is calculated by applying a class rate to the parcel's estimated market value to determine tax capacity, then multiplying by the local tax rate. For residential homesteads (Class 1a), the rate is 1.00% for the first $500,000 of market value and 1.
Commuting primarily involves driving via MN-44 or MN-76, with most residents traveling to La Crosse, WI for major employment opportunities.
The area offers extensive outdoor recreation including the Root River State Trail, Beaver Creek Valley State Park, and local golf courses.
The rental market is characterized by limited inventory and a median gross rent of $836, which has seen significant growth since 2011.
The local economy is centered around Caledonia, with a mix of small-town commerce and regional agricultural support.
Transportation is heavily reliant on personal vehicles; there is no significant public transit infrastructure serving the area.
Development is focused on small-scale residential infill and infrastructure maintenance within the city limits.
The Houston County Assessor's office manages property valuations, typically conducting periodic reassessments to align with market values.
Parcels are subject to Houston County, Caledonia School District, and local municipal utility district levies.
Property insurance premiums are stable, though coverage for wind and hail damage is a standard consideration for homeowners.
Minnesota has seen modest net domestic migration, with rural areas like Houston County experiencing stable population retention.
Minnesota is a judicial foreclosure state, requiring court action to initiate the process, which provides a longer timeline for homeowners.
Sellers are required to provide a comprehensive disclosure statement regarding the physical condition of the property at the time of sale.
Data retrieved from ZCTA-level census tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
Known for trout fishing and scenic hiking trails.
A major regional paved trail for biking and hiking.
Local 9-hole golf course serving the community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.