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Ogilvie city, MN

ZIP 56358 — 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 56358

Median Home Value
$240,100
Median Rent
$817
Affordability Snapshot
$66,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,542/mo PITI).

13%
Rent-to-Income Ratio

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

3.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

24.5 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 56358 in Ogilvie city, MN, a household would need roughly $66,000 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 $1,542. That sits below the local median household income ($78,125), 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 10% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
86.3%+32% vs US avg
x
Vacancy Rate
10.0%-3% vs US avg
x
Broadband Access
86.2%-1% vs US avg
x
4+ Bedrooms
5.5%-63% vs US avg
x
Built Pre-1939
3.5%-72% vs US avg
x
Built Post-2014
0.8%-88% vs US avg
x
Rent Burden >30%
8.4%-83% vs US avg
x
Mortgage-Free
44.4%+16% vs US avg
x
$240,100
Home Value
$817
Rent
1987
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached81.1%
  • 1-unit attached1.6%
  • 2-9 units1.1%
  • 10+ units0.6%
  • Mobile home & other15.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$240,100
Median rent$817
Owner-occupied86.3%
Vacant10.0%
Price-to-income3.1x
Est. income to buy$66,000