The story of this market
The typical home in ZIP 56173 sells for about $171,000, or $115 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 92 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,042 a month.
ZIP 56173 — Steen
The housing market in Steen, MN (56173) is characterized by extremely low inventory and minimal sales activity, typical of a small rural community. Prices have seen modest, steady growth over the last decade, reflecting stable local demand rather than speculative pressure. The market remains quiet with very few listings, resulting in a stable but slow-moving environment.
This ZIP is best suited for those seeking a quiet, rural lifestyle in a small-town setting, primarily appealing to local residents and those looking for affordable housing in Rock County.
Median prices moved up 2.4% year over year.
Homes spend a median of 92 days on market with 4.2 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.9% · poverty 18.6% — 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 4.5%/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 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 56173, Rock 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.
The local economy is primarily driven by agriculture and small-scale local services within Rock County.
Data retrieved from US Census Bureau ZCTA 56173 profile.
Local community green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.