Median home value in zip code 56074 (Nicollet, MN) is $311,699, up 8.5% year over year. Part of the Mankato, MN metropolitan area.

Home Value$311,699

YoY Change

+8.5%

Prices rising — worse for buyers.

Affordability

Enter your income for 56074 (Nicollet).

Income (annual)

Down Payment

$62,340 on $311,699

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

Stretch32.3% of income

Above 28% but manageable with cuts.

PITI$2,017

P/I32.3%

Afford$270K

Gap-$41K

P&I $1,576Tax $291Ins $150

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

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

Metro Analysis

56074 is part of the Mankato, MN metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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