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Evansville city, MN

ZIP 56326 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 56326

Median Home Value
$231,300
Median Rent
$463
Affordability Snapshot
$64,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,486/mo PITI).

7%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

41.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 56326 in Evansville city, MN, a household would need roughly $64,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,486. That sits below the local median household income ($81,765), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 22% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
84.5%+29% vs US avg
x
Vacancy Rate
22.0%+113% vs US avg
x
Broadband Access
83.6%-4% vs US avg
x
4+ Bedrooms
9.6%-35% vs US avg
x
Built Pre-1939
7.6%-41% vs US avg
x
Built Post-2014
0.3%-95% vs US avg
x
Rent Burden >30%
14.9%-70% vs US avg
x
Mortgage-Free
41.4%+8% vs US avg
x
$231,300
Home Value
$463
Rent
1977
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached86.6%
  • 1-unit attached2.6%
  • 2-9 units5.3%
  • 10+ units2.4%
  • Mobile home & other3.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$231,300
Median rent$463
Owner-occupied84.5%
Vacant22.0%
Price-to-income2.8x
Est. income to buy$64,000