The story of this market
The typical home in ZIP 56149 sells for about $195,000, or $115 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $548 a month.
ZIP 56149 — Lake Benton
The housing market in ZIP 56149 is characterized by low inventory and stable, modest price growth. Market activity is driven by local demand and the agricultural economy, with limited turnover in the housing stock. Figures are based on Jackson County and local ZCTA data.
This area is best suited for those seeking a quiet, rural lifestyle, including families and individuals looking for affordable housing in a small-town setting.
Median prices moved up 2.1% year over year.
Homes spend a median of 88 days on market with 6.4 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.5% · poverty 15.4% — 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 5.1%/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 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 56149, 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.
Local schools are part of the Jackson County Central school system, which serves the rural communities of the area.
The area is primarily agricultural with standard Midwestern weather risks; flood and wind insurance are recommended for property owners.
The local economy is driven by agriculture and small-scale manufacturing, with limited new commercial development.
Property taxes are assessed at the county level in Jackson County, with rates determined by local school district and municipal levies.
Commutes are primarily by private vehicle, with most residents traveling to nearby regional hubs for employment.
The area features access to local parks and rural outdoor spaces typical of southwestern Minnesota.
The rental market is limited in depth, primarily serving local workers with low vacancy pressure.
The economy is heavily reliant on the agricultural sector and local small businesses.
Transportation is entirely dependent on personal vehicles, with no public transit infrastructure.
There are no major commercial or residential developments currently in the pipeline for this ZIP.
Jackson County Assessor manages property valuations for tax purposes.
Parcels are subject to Jackson County Central ISD and local township levies.
Standard property insurance is available, though premiums are influenced by regional weather patterns.
Minnesota is a judicial foreclosure state with specific redemption periods.
Sellers are required to provide a disclosure statement regarding the condition of the property.
Data retrieved from Census Reporter for Alpha city ZCTA.
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.
Local community green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.