The story of this market
The typical home in ZIP 56164 sells for about $237,450, or $115 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $742 a month.
ZIP 56164 — Pipestone
The housing market in 56164 is characterized by low inventory and modest price appreciation. Activity remains limited, reflecting a stable but quiet rural market environment.
Median prices moved up 2.4% year over year.
Homes spend a median of 88 days on market with 5.6 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.0% · poverty 10.7% — 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 3.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 56164, Pipestone 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 data.census.gov ZCTA 56164 profile.
- Pipestone National Monument4.82.4 mi
- Flandreau Park4.510.1 mi
- Bole Mor Lanes4.63.6 mi
- Pipestone National Monument4.82.4 mi
- Split Rock Creek State Park4.59.5 mi
- Flandreau Park4.510.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.