The story of this market
The typical home in ZIP 55947 sells for about $370,000, or $174 per square foot.
Prices are roughly flat from a year ago (+0.5%), a market in balance. Homes take about 87 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $883 a month.
ZIP 55947 — La Crescent
The housing market in 55947 remains stable with moderate pricing and inventory levels. While the area offers relative affordability compared to broader regional benchmarks, price growth has plateaued, reflecting a cautious buyer environment.
This ZIP is suitable for family buyers and those seeking affordability, though investors should exercise caution due to regional market risks.
Median prices moved up 0.5% year over year.
Homes spend a median of 87 days on market with 5.2 months of supply — a balanced-paced market.
28% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.8% · poverty 5.3% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 55947, Houston County MN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Data retrieved from Census Bureau ZCTA-level tables.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.