Median home value in zip code 56042 (, MN) is $240K, up 8.3% year over year. Part of the Albert Lea, MN metropolitan area.

Full stress scores, AI analysis, and 12-month forecast: Albert Lea, MN metro →

Home Value$239,864

YoY Change

+8.3%

AFFORDABILITY

Enter your income for 56042 (null).

Income (annual)

Down Payment

$47,973 on $239,864

Affordable — 25.4% of income

Under the 28% guideline.

PITI$1,587

P/I25.4%

Afford$265K

Room+$25K

P&I $1,213Tax $224Ins $150

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

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

Metro Analysis

56042 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.

View Albert Lea, MN analysis

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