The story of this market
The typical home in ZIP 55007 sells for about $350,000, or $174 per square foot.
Prices are up +5.9% from a year ago, so sellers still have some momentum. Homes take about 87 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,056 a month.
ZIP 55007 — Brook Park
The housing market in 55007 is characterized by low inventory and slow turnover, typical of a rural Minnesota market. Prices have seen moderate year-over-year growth, though the market remains sensitive to interest rate fluctuations and limited buyer demand. Overall, the market is stable with little speculative activity.
This area is best suited for families and individuals seeking rural living, affordability, and space, rather than commuters or those requiring proximity to urban amenities.
Median prices moved up 5.9% year over year.
Homes spend a median of 87 days on market with 5.2 months of supply — a balanced-paced market.
25% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.3% · poverty 8.3% — 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 8.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 55007, Pine 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.
Property taxes are assessed at the county level in Minnesota based on market value; specific local levies depend on school district and municipal mill rates.
Residents typically rely on personal vehicles for commuting, with travel times to regional employment hubs in the Twin Cities metro area often exceeding 60 minutes.
The area features rural outdoor amenities including access to local parks, trails, and nearby lakes suitable for fishing and boating.
The rental market is limited in depth due to the rural nature of the ZIP code, with low vacancy pressure and minimal short-term rental activity.
The local economy is primarily driven by agriculture, forestry, and small-scale local services.
Parcels are subject to Pine County property tax levies and local school district assessments.
Property insurance premiums are generally stable but reflect rural fire risk and regional weather patterns.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Ogilvie Raceway4.814.9 mi
- Grand Casino Hinckley Amphitheater4.513 mi
- Freddie's Family Restaurant4.49.6 mi
- Pine County Fair4.213.7 mi
- Lakeview shores MN3.89.7 mi
- Grand Cinema4.411.7 mi
- Ann River Winery4.911.2 mi
- Lakeview shores MN3.89.7 mi
- Hinckley Fire Museum4.711.1 mi
- Snake River Fur Post4.513.1 mi
- Hinckley Fire Museum4.711.1 mi
- Westside Park411.1 mi
- Library Park4.49.2 mi
- Pokegama Lake R.V. Park & Golf Course4.29.3 mi
- Spring Brook Golf Course4.57.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large state forest area providing extensive trails and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.