The story of this market
The typical home in ZIP 55321 sells for about $340,573, or $166 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 43 days to sell. HUD's fair market rent for a two-bedroom is $869 a month.
ZIP 55321 — Cokato
The housing market in 55321 is characterized by stable, moderate pricing and low inventory levels. Activity is driven by local demand for single-family homes, with limited new construction and a reliance on the existing housing stock.
This ZIP is best suited for families and individuals seeking a quiet, rural-adjacent lifestyle with affordable housing options compared to the Twin Cities metro.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 43 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 8.5% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 55321, Wright 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.
The area is served by the Cokato-Dassel school district, which provides standard public education for the local community.
The local economy is anchored by small-town commerce and regional agricultural support, with limited large-scale industrial development.
Property taxes are assessed at the county level in Wright County, with rates determined by local school district and municipal levies.
Residents typically commute via US Highway 12 toward the Twin Cities metropolitan area, with travel times generally exceeding 45 minutes.
The area features Cokato Lake, which offers fishing and boating, alongside local community parks and small-town recreational facilities.
The rental market is limited in depth, primarily consisting of single-family home rentals with low turnover and minimal institutional investor presence.
The economy is primarily driven by local retail, agriculture, and small-scale manufacturing, with many residents commuting to larger employment hubs.
Transportation is heavily reliant on private vehicles, with US Highway 12 serving as the primary corridor for regional access.
There are no major large-scale commercial or residential developments currently reported for this ZIP code.
Wright County utilizes a standard market-value assessment process for property taxation.
Parcels are subject to local school district levies and county-wide property tax assessments.
Standard residential property insurance applies, with no specific regional hazard-related premium spikes reported.
foreclosure_note
Minnesota is a judicial foreclosure state with specific statutory notice and redemption periods.
Sellers are required to provide a written disclosure statement regarding the condition of the property.
Data retrieved from Census Bureau ZCTA profiles and local market reports.
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.
A 550-acre lake known for fishing and recreational boating.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.