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Fisher city, MN

ZIP 56723 — Housing & Real Estate

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

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 56723

Median Home Value
$214,400
Median Rent
$844
Affordability Snapshot
$59,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,377/mo PITI).

9%
Rent-to-Income Ratio

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

2.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

21.2 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 56723 in Fisher city, MN, a household would need roughly $59,000 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 $1,377. That sits below the local median household income ($108,333), 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 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
83.8%+28% vs US avg
x
Vacancy Rate
11.8%+15% vs US avg
x
Broadband Access
92.7%+7% vs US avg
x
4+ Bedrooms
11.8%-20% vs US avg
x
Built Pre-1939
3.5%-73% vs US avg
x
Built Post-2014
0.5%-92% vs US avg
x
Rent Burden >30%
13.2%-73% vs US avg
x
Mortgage-Free
41.8%+9% vs US avg
x
$214,400
Home Value
$844
Rent
1966
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached85.2%
  • 1-unit attached1.6%
  • 2-9 units5.4%
  • 10+ units3.5%
  • Mobile home & other4.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$214,400
Median rent$844
Owner-occupied83.8%
Vacant11.8%
Price-to-income2.0x
Est. income to buy$59,000