The story of this market
The typical home in ZIP 56145 sells for about $215,000, or $145 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 52 days to sell. HUD's fair market rent for a two-bedroom is $700 a month.
ZIP 56145 — Jeffers
The housing market in 56145 remains stable with low inventory and modest price growth consistent with rural Minnesota trends. Demand is driven by local residents and agricultural workers, resulting in a balanced market with limited speculative activity. Prices have seen steady appreciation over the last decade, reflecting broader regional economic conditions.
This area is best suited for families and individuals seeking a quiet, rural lifestyle, lower cost of living, and proximity to agricultural land, rather than those requiring urban amenities or short commutes.
Median prices moved up 2.1% year over year.
Homes spend a median of 52 days on market with 4.2 months of supply — a fast-moving market.
8% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 9.4% · poverty 32.2% — elevated distress and economic pressure.
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 5.3%/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 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 56145, Jackson 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.
Schools serving this rural area are primarily managed by local independent school districts with small class sizes and limited extracurricular offerings compared to urban centers.
The area is subject to standard Midwestern weather risks including severe thunderstorms and winter storms; flood risk is generally low but localized to specific drainage basins.
Economic momentum is driven by regional agricultural production and small-scale local commerce, with limited large-scale industrial or corporate development.
Property taxes are assessed at the county level based on market value; Minnesota utilizes a homestead classification system that provides tax relief for owner-occupied primary residences.
Commutes are primarily car-dependent, involving travel on state highways to reach regional employment hubs in larger nearby towns.
Recreation is centered on outdoor activities including local parks, fishing, and hunting, with limited commercial shopping or entertainment venues within a 3-mile radius.
The rental market is characterized by low inventory and limited turnover, primarily consisting of single-family homes rather than multi-family complexes.
The local economy is heavily reliant on the agricultural sector, including crop production and livestock, with secondary support from local government and small retail services.
Transportation infrastructure is limited to rural highway networks with no public transit options available.
Development is primarily focused on agricultural infrastructure and residential maintenance rather than new commercial or high-density projects.
The Jackson County Assessor's office conducts periodic property valuations to determine tax liability based on state-mandated assessment standards.
Parcels are subject to county and township levies, as well as local school district taxes.
Property insurance premiums are influenced by regional weather patterns, with standard coverage available for wind and hail damage.
Minnesota is a judicial foreclosure state, requiring court oversight for the foreclosure process.
Sellers are required to provide a written disclosure statement regarding the condition of the property, including known material defects.
Data retrieved from Census Bureau ZCTA-level 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.
Provides local green space and outdoor recreational access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.