The story of this market
The typical home in ZIP 55349 sells for about $382,500, or $185 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $937 a month.
ZIP 55349 — Howard Lake
The 55349 housing market remains resilient with steady pricing and low inventory, driven by demand from commuters seeking suburban-style living. While sales volume is modest, the market maintains a balanced pace with minimal price volatility. Data for specific metrics like active inventory and price cuts are based on current market observations for the Howard Lake area.
This ZIP is well-suited for families and commuters who prioritize a quiet, small-town lifestyle while maintaining access to the broader Twin Cities employment market.
Median prices moved up 2.4% year over year.
Homes spend a median of 68 days on market with 4.2 months of supply — a balanced-paced 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 1.6% · poverty 9.1% — 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 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 6.5%/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 55349, 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 Howard Lake-Waverly-Winsted School District, which maintains a stable reputation within the regional rural context.
The area faces standard Midwestern climate risks, including seasonal severe thunderstorms and winter weather, with flood risk primarily concentrated near local lakefronts.
Economic momentum is driven by local manufacturing and agricultural support services, with steady residential development catering to commuters seeking exurban affordability.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Minnesota) — Condominium Unit Taxation: Each unit constitutes a separate parcel for tax purposes. If a declaration is recorded at least 30 days before a tax installment is due, the taxing authority must split the taxes among the units. State (Minnesota) — Minnesota General Property Tax Classification System: Property tax is calculated by applying a class rate to the parcel's estimated market value to determine tax capacity, then multiplying by the local tax rate. For residential homesteads (Class 1a), the rate is 1.00% for the first $500,000 of market value and 1.
Commuters primarily utilize US Highway 12 for access to the Twin Cities metropolitan area, with typical drive times to the western suburbs ranging from 30 to 45 minutes.
The area features significant access to local lakes including Howard Lake, providing opportunities for fishing and boating, alongside community parks and local trail networks.
The rental market is characterized by low inventory and steady demand from local workers, with limited multi-family supply keeping vacancy rates tight.
The local economy is anchored by small-scale manufacturing, agriculture, and retail services, with many residents commuting to the Minneapolis-St. Paul metro area.
Transportation is heavily reliant on private vehicles, with US Highway 12 serving as the primary arterial route for regional connectivity.
Development is focused on modest residential expansion and infrastructure maintenance to support the growing commuter population.
The Wright County Assessor manages property valuations, conducting periodic reviews to ensure assessments align with current market sales data.
Parcels are subject to Howard Lake-Waverly-Winsted ISD levies and standard county-wide special service districts.
Property insurance premiums are stable but reflect regional exposure to wind and hail damage common in central Minnesota.
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.
Primary local water feature for recreation and fishing.
Central community park with picnic and playground facilities.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).