The story of this market
The typical home in ZIP 55358 sells for about $389,040, or $173 per square foot.
Prices are up +4.4% from a year ago, so sellers still have some momentum. Homes take about 40 days to sell. HUD's fair market rent for a two-bedroom is $1,075 a month.
ZIP 55358 — Maple Lake
The housing market in 55358 shows steady appreciation with a 4.4% year-over-year increase in home values. Inventory remains tight, supporting a balanced market environment for buyers and sellers. Figures for specific metrics like price cuts and sale-to-list ratios are derived from regional NorthstarMLS data as ZIP-specific aggregates are not fully published.
This ZIP is well-suited for families and those seeking a suburban-rural lifestyle with access to recreational lakes, while still maintaining a manageable commute to the Twin Cities.
Median prices moved up 4.4% year over year.
Homes spend a median of 40 days on market with 3.0 months of supply — a fast-moving market.
3% 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 4.1% · poverty 7.1% — 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 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 55358, 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 Maple Lake Public Schools, which generally maintains a stable reputation within the regional district framework.
The area is subject to standard Midwestern climate risks, including severe thunderstorms and winter weather; flood risk is localized to lakefront properties.
Economic momentum is driven by proximity to the Twin Cities metro area, with local growth focused on residential expansion and small-scale commercial development.
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 typically drive toward the Twin Cities employment core via Highway 55, with average commute times reflecting a suburban-to-urban transit profile.
The area features significant access to local lakes, including Maple Lake and Ramsey Lake, alongside community parks and regional trail systems.
The rental market is characterized by low vacancy pressure and limited inventory, with demand primarily driven by local workforce needs.
The local economy is a mix of small-scale retail, agriculture, and service-sector businesses, with many residents commuting to the broader Twin Cities metro area for employment.
Transportation is primarily automobile-dependent, with Highway 55 serving as the main arterial corridor connecting the area to the regional highway network.
Development is primarily focused on low-density residential expansion and infrastructure maintenance to support the growing population.
Wright County Assessor manages property valuations based on market-value assessments conducted periodically.
Parcels are subject to Wright County levies and the Maple Lake Independent School District tax base.
Property insurance premiums are influenced by regional weather patterns, including wind and hail exposure common in central Minnesota.
Data retrieved from data.census.gov ZCTA 55358 profile.
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 primary recreational anchor for the community offering fishing and boating.
Provides additional water-based recreational opportunities for residents.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).