The story of this market
The typical home in ZIP 56187 sells for about $275,000, or $148 per square foot.
Prices are up +3.8% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $925 a month.
ZIP 56187 — Worthington
The housing market in 56187 remains stable with steady demand for single-family homes, supported by a consistent local employment base. While inventory is limited, the market is seeing moderate price appreciation, reflecting broader regional trends in rural Minnesota.
This ZIP is well-suited for families and local workers seeking an affordable cost of living, stable community environment, and proximity to regional agricultural and industrial employers.
Median prices moved up 3.8% year over year.
Homes spend a median of 68 days on market with 4.2 months of supply — a balanced-paced market.
12% 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 3.6% · poverty 16.3% — 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 7.8%/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 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 56187, Nobles 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.
Worthington experiences crime rates generally consistent with regional averages for rural Minnesota hubs, with property crime being the primary concern. Local law enforcement maintains active community outreach to manage safety trends.
The area is served by Worthington Public Schools, which provides a diverse educational environment with a focus on bilingual programming to support the community's demographic makeup.
The region is primarily at risk for severe weather events including high winds and occasional flooding near local waterways, with standard insurance coverage typically sufficient for residential properties.
Economic momentum is driven by the agricultural processing sector and regional healthcare services, with steady infrastructure investment supporting local business expansion.
Property taxes are assessed at the county level based on market value, with rates determined by local school district and municipal levies; agricultural exemptions apply to qualifying rural parcels.
Commutes are primarily car-dependent with short travel times to local employment centers, as the ZIP is centrally located within Nobles County.
The area features access to Lake Okabena for water recreation, several community parks, and local golf facilities, providing a robust amenity base for a town of its size.
The rental market is characterized by low vacancy rates and steady demand, driven by the local workforce and limited new construction of apartment complexes.
The economy is anchored by large-scale food processing and manufacturing, alongside regional healthcare and retail services that serve the broader Nobles County area.
Transportation is dominated by private vehicle use, with major highway access via I-90 facilitating regional logistics and commuting.
Development planning focuses on infrastructure upgrades for industrial zones and incremental residential growth on the city's periphery.
The Nobles County Assessor manages property valuations, utilizing annual market analysis to ensure equitable tax distribution across residential and agricultural classes.
Parcels are subject to Worthington ISD levies and county-wide hospital district assessments.
Property insurance premiums are stable but reflect regional exposure to wind and hail damage common in the Upper Midwest.
Data retrieved from data.census.gov ZCTA 56187 profile.
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.
Central lake providing fishing, boating, and walking trails.
Large community park with sports fields and picnic areas.
Private 18-hole course serving the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.