The story of this market
The typical home in ZIP 55328 sells for about $497,900, or $205 per square foot.
Prices are up +1.82% 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 $973 a month.
ZIP 55328 — Delano
The Delano housing market remains stable with consistent price appreciation and a balanced inventory. While high interest rates have tempered demand, the area's strong school district and suburban appeal continue to attract family buyers, keeping the market active.
This ZIP is ideal for families seeking high-quality schools and a suburban-rural lifestyle, as well as commuters who prioritize space over proximity to the urban core.
Median prices moved up 1.8% year over year.
Homes spend a median of 58 days on market with 4.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 99.1% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.5% · poverty 3.1% — 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 7.3%/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 6.2%/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 55328, 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.
Delano generally experiences low crime rates, consistent with the broader suburban and rural character of Wright County.
The Delano Public School District is highly regarded, consistently ranking among the top-performing districts in the region.
The area is subject to standard Midwestern climate risks, including severe thunderstorms and winter weather; flood risk is localized near the Crow River.
Delano maintains steady growth as a bedroom community with ongoing residential developments and a focus on preserving its small-town character while expanding infrastructure.
Property taxes are determined by the Wright County assessor based on market value, with rates influenced by local school district levies and municipal service requirements.
Residents primarily commute via Highway 12, providing a direct but often traffic-heavy route toward the Minneapolis-St. Paul employment core.
The area features extensive access to the Crow River, numerous community parks, and proximity to regional trail systems and local golf courses.
The rental market is limited with low vacancy pressure; most inventory consists of single-family homes, and investment yields are constrained by high price-to-rent ratios.
The local economy is supported by a mix of local retail, manufacturing, and professional services, with many residents commuting to the Twin Cities metro area.
Transportation is heavily reliant on personal vehicles, with Highway 12 serving as the primary arterial corridor.
Development is focused on managed residential expansion and infrastructure upgrades to support the growing population.
The Wright County Assessor manages property valuations, utilizing annual market analysis to determine taxable values.
Parcels are subject to Delano Public School District levies and various municipal utility and service districts.
Property insurance premiums are stable but reflect regional exposure to severe weather events common in Minnesota.
The area experiences steady net domestic migration as families move from the urban core to suburban settings.
Minnesota is a judicial foreclosure state with specific notice and redemption periods for homeowners.
Sellers are required to provide a comprehensive disclosure statement regarding the condition of the property.
Data retrieved from data.census.gov 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.
Central feature of the city providing recreational and scenic value.
Major community hub for local events and sports.
Large nearby nature reserve with extensive trails and lake access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.