The story of this market
The typical home in ZIP 55051 sells for about $285,000, or $165 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $918 a month.
ZIP 55051 — Mora
The housing market in 55051 remains stable with modest price appreciation driven by low inventory and steady demand. While sales volume is constrained by limited supply, the area continues to attract buyers seeking affordability compared to the Twin Cities metro. Market conditions are expected to remain balanced in the near term.
This ZIP is well-suited for families and individuals seeking a quiet, rural-adjacent lifestyle with affordable housing options and access to outdoor recreation.
Median prices moved up 3.2% year over year.
Homes spend a median of 58 days on market with 3.8 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 11.2% — 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 8.7%/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 6.1%/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 55051, Kanabec 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 Mora area are generally low, consistent with rural central Minnesota trends, with property crime being the primary concern.
Schools in the area are served by Mora Public Schools, which generally maintain stable performance ratings within the regional context.
The area faces standard Midwestern climate risks, including severe thunderstorms and winter weather, with localized flood risks near the Snake River.
Economic momentum is driven by local manufacturing, healthcare, and agricultural services, with steady but modest development activity.
Property taxes are levied by Kanabec County, the city of Mora, and the local school district, with rates determined by annual assessments and local millage requirements.
Commuting is primarily car-dependent, with residents typically driving to regional employment hubs like Cambridge or the Twin Cities metro area.
The area offers significant outdoor access, including proximity to the Snake River, local parks, and regional trails for hiking and snowmobiling.
The rental market is characterized by limited inventory and stable demand, primarily serving local workers and those seeking a lower cost of living.
The local economy is anchored by manufacturing, healthcare services, and retail, with a strong reliance on the agricultural sector.
Development is focused on small-scale residential infill and local infrastructure maintenance.
Parcels are subject to Kanabec County and Mora School District levies, with no major MUD/PID developments reported.
Property insurance premiums are stable but sensitive to regional weather-related claims, particularly wind and hail damage.
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 Raceway4.810.1 mi
- Freddie's Family Restaurant4.47.3 mi
- Pine County Fair4.219.9 mi
- Lakeview shores MN3.815.8 mi
- Ann River Winery4.98.7 mi
- Snake River Fur Post4.518.8 mi
- Hinckley Fire Museum4.719 mi
- Library Park4.46.5 mi
- Mac's Twin Bay Resort4.615.9 mi
- Spring Brook Golf Course4.57.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides fishing, canoeing, and scenic recreational opportunities.
Central community space with playgrounds and picnic areas.
Famous cross-country ski trail system that hosts annual international events.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.