The story of this market
The typical home in ZIP 55030 sells for about $285,000, or $162 per square foot.
Prices are down 2.4% from a year ago, which gives buyers more room to negotiate. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,739 a month.
ZIP 55030 — Grasston
The 55030 housing market is currently experiencing a period of stagnation, characterized by low sales volume and a reliance on local demand. High commute times and limited local economic growth continue to act as headwinds for price appreciation. Investors should approach this market with caution due to the limited liquidity and the specific challenges of rural property management.
This ZIP is best suited for local workers, retirees, and budget-conscious families seeking rural living, as it offers affordability but requires a significant commute for major employment.
Median prices moved down 2.4% year over year.
Homes spend a median of 84 days on market with 4.5 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.9% · poverty 10.8% — 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 7.8%/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 5.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 55030, 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.
Crime rates in the Grasston area remain low and stable, generally tracking below the state average for rural Minnesota communities.
Schools serving the area are primarily part of the Pine City Public Schools district, which maintains a standard academic performance profile consistent with regional rural districts.
The area faces standard regional risks including severe winter weather and occasional high winds; flood risk is generally low outside of immediate proximity to local creek beds.
Economic momentum is limited, with the local economy primarily supported by small-scale agriculture, local services, and commuting to larger employment hubs in the Twin Cities periphery.
Property taxes are assessed at the county level by Pine County, with rates determined by local school district levies and municipal requirements; no special MUD or PID districts are prevalent.
Commuting is primarily car-dependent, with residents typically driving 45-60 minutes to reach major employment centers in the northern Twin Cities metro area.
The area offers access to rural outdoor amenities including local parks, nearby lakes for fishing and boating, and extensive snowmobile and ATV trail networks.
The rental market is characterized by low inventory and steady demand from local workers, though vacancy pressure remains moderate due to the limited housing stock.
The economy is driven by small-scale agriculture, forestry, and local retail, with many residents commuting to larger regional hubs for professional employment.
Transportation is entirely reliant on private vehicles, with access to I-35 serving as the primary corridor for regional travel.
There are no major commercial or residential developments currently approved or under construction within the ZIP code.
Pine County Assessor manages property valuations, typically conducting periodic reviews to align assessments with market value trends.
Parcels are served by Pine City Public Schools and standard county-level utility and emergency service districts.
Property insurance premiums are influenced by rural fire protection ratings and regional weather-related risk factors.
Net domestic migration is stable, with modest interest from buyers seeking lower-cost rural alternatives to the metro core.
Minnesota operates as a judicial foreclosure state with specific statutory redemption periods for homeowners.
Sellers are required to provide a comprehensive disclosure statement regarding the physical condition of the property.
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 Raceway4.814.7 mi
- Isanti County Fairgrounds4.319.2 mi
- Leader4.419.8 mi
- Grand Casino Hinckley Amphitheater4.514.6 mi
- Freddie's Family Restaurant4.49.9 mi
- Ann River Winery4.910.5 mi
- Lakeview shores MN3.82.7 mi
- World's Largest Walleye4.312.1 mi
- Chuckers Bowl & Lounge4.412.1 mi
- Goose Creek Rest Area4.717.5 mi
- Snake River Fur Post4.54.3 mi
- St. Croix Fire Tower4.919 mi
- Hinckley Fire Museum4.713.8 mi
- West Side Park and City Beach4.25.6 mi
- Library Park4.410.3 mi
- Bulrush Golf Club4.412.1 mi
- Pokegama Lake R.V. Park & Golf Course4.22.7 mi
- Spring Brook Golf Course4.58 mi
- Pine City Country Club4.45.9 mi
- Dollar General3.98.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community park providing basic recreational space.
Provides local fishing and seasonal water recreation access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.