Median home value in zip code 56072 (New Richland, MN) is $265,101, up 6.5% year over year. Part of the Owatonna, MN metropolitan area.

Home Value$265,101

YoY Change

+6.5%

Prices rising — worse for buyers.

Affordability

Enter your income for 56072 (New Richland).

Income (annual)

Down Payment

$53,020 on $265,101

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

Affordable27.8% of income

Under the 28% guideline.

PITI$1,738

P/I27.8%

Afford$267K

Room+$2K

P&I $1,340Tax $247Ins $150

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

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

Metro Analysis

56072 is part of the Owatonna, MN metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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