US5.com
  1. Home
  2. States
  3. Minnesota
  4. ZIP 56475
  5. Housing & Real Estate
Randall city, MN

ZIP 56475 — 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 56475

Median Home Value
$209,700
Median Rent
$577
Affordability Snapshot
$58,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,347/mo PITI).

11%
Rent-to-Income Ratio

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

3.5x
Home Price-to-Income Ratio

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

30.3 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 56475 in Randall city, MN, a household would need roughly $58,000 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 $1,347. That is roughly in line with the local median household income ($60,481). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 14% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
87.8%+34% vs US avg
x
Vacancy Rate
13.9%+35% vs US avg
x
Broadband Access
86.4%-1% vs US avg
x
4+ Bedrooms
5.8%-61% vs US avg
x
Built Pre-1939
5.8%-55% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
19.1%-62% vs US avg
x
Mortgage-Free
43.5%+14% vs US avg
x
$209,700
Home Value
$577
Rent
1982
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached82.1%
  • 1-unit attached0.4%
  • 2-9 units0.5%
  • 10+ units3.3%
  • Mobile home & other13.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$209,700
Median rent$577
Owner-occupied87.8%
Vacant13.9%
Price-to-income3.5x
Est. income to buy$58,000