Median home value in zip code 56029 (, MN) is $176,605, up 3.8% year over year. Part of the Albert Lea, MN metropolitan area.

Home Value$176,605

YoY Change

+3.8%

Prices rising — worse for buyers.

Affordability

Enter your income for 56029 (null).

Income (annual)

Down Payment

$35,321 on $176,605

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

Affordable19.3% of income

Under the 28% guideline.

PITI$1,208

P/I19.3%

Afford$256K

Room+$79K

P&I $893Tax $165Ins $150

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

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

Metro Analysis

56029 is part of the Albert Lea, MN metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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