Median home value in zip code 55359 (Independence, MN) is $584,157, up 2.7% year over year. Part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area.

Home Value$584,157

YoY Change

+2.7%

Prices rising — worse for buyers.

Affordability

Enter your income for 55359 (Independence).

Income (annual)

Down Payment

$116,831 on $584,157

Example: $75,000 household income. Change it above to see your own.

Out of reach58.8% of income

Need $157,629/yr to afford.

PITI$3,678

P/I58.8%

Afford$278K

Gap-$306K

P&I $2,954Tax $574Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

55359 is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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