The story of this market
The typical home in ZIP 56031 sells for about $212,450, or $131 per square foot.
Homes take about 80 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $739 a month.
ZIP 56031 — Fairmont
Market data for ZIP 56031 is limited; figures provided reflect broader Renville County market trends where specific ZIP-level data was unavailable. The local housing market shows a median list price of $212,450 with an average of 80 days on market.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 80 days on market with 0.0 months of supply — a balanced-paced 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 3.1% · poverty 14.4% — a stable, low-distress profile.
ZCTA 56031, Martin 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.
not determinable
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.