Median home value in zip code 56470 (Park Rapids, MN) is $309K, up 3.2% year over year.

Home Value$309,193

YoY Change

+3.2%

AFFORDABILITY

Enter your income for 56470 (Park Rapids).

Income (annual)

Down Payment

$61,839 on $309,193

Stretch — 32% of income

Above 28% but manageable with cuts.

PITI$2,002

P/I32%

Afford$270K

Gap-$39K

P&I $1,563Tax $289Ins $150

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

Want deeper metro-level analysis?Stress scores, crash risk, 12-month forecasts, and early warning signals for 195 US metros.