Median home value in zip code 55932 (Elgin, MN) is $349,197, up 3.9% year over year. Part of the Rochester, MN metropolitan area.

Home Value$349,197

YoY Change

+3.9%

Prices rising — worse for buyers.

Affordability

Enter your income for 55932 (Elgin).

Income (annual)

Down Payment

$69,839 on $349,197

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

Stretch35.9% of income

Above 28% but manageable with cuts.

PITI$2,242

P/I35.9%

Afford$273K

Gap-$77K

P&I $1,766Tax $326Ins $150

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

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

Metro Analysis

55932 is part of the Rochester, MN metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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