The story of this market
The typical home in ZIP 55992 sells for about $396,500, or $192 per square foot.
Prices are up +27.9% from a year ago, so sellers still have some momentum. Homes take about 66 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,275 a month.
ZIP 55992 — Zumbrota
The Zumbrota housing market is currently experiencing a period of price appreciation and increased sales activity, driven by its appeal as a commuter-friendly alternative to larger hubs. While inventory remains tight, the market is showing resilience with a strong sale-to-list ratio. Note that some specific metrics like median rent are not consistently published at the ZIP level and are estimated based on regional trends.
This ZIP is well-suited for families and commuters seeking a small-town atmosphere with relative affordability compared to the nearby Rochester metro area.
Median prices moved up 27.9% year over year.
Homes spend a median of 66 days on market with 1.3 months of supply — a fast-moving market.
16% of listings have cut prices · homes sell at 97% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.9% · poverty 5.8% — 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 8.8%/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
ZCTA 55992, Goodhue County MN
The area is served by Zumbrota-Mazeppa Public Schools, which generally maintains a stable reputation within the regional Goodhue County educational landscape.
The region is subject to standard Midwestern climate risks, including severe thunderstorms and winter weather, with flood risks primarily localized near the Zumbro River.
Economic momentum is driven by proximity to the Rochester employment hub and local agricultural and manufacturing sectors, with steady residential development.
Property taxes are assessed at the county level by Goodhue County, with rates determined by local school district levies and municipal assessments.
Residents primarily commute via US Highway 52, providing a direct corridor to Rochester for employment, with typical drive times ranging from 25 to 35 minutes.
The area features access to the Zumbro River for outdoor activities, local parks such as Covered Bridge Park, and proximity to regional golf courses and trails.
The rental market is characterized by limited inventory with a focus on single-family homes and smaller multi-family units, reflecting a tight supply-demand balance.
The local economy is anchored by small-scale manufacturing, agriculture, and a significant commuter base working in the healthcare and technology sectors in Rochester.
Transportation is heavily reliant on private vehicles, with US Highway 52 serving as the primary artery for regional connectivity.
Development is focused on modest residential expansion and infrastructure maintenance to support the growing commuter population.
Goodhue County utilizes a market-value assessment system for property taxation, updated annually based on sales data.
Parcels are subject to Zumbrota-Mazeppa ISD 2805 levies and Goodhue County special district assessments.
Property insurance premiums are influenced by regional weather patterns, with standard coverage for wind and hail being essential.
Data retrieved from US Census Bureau ZCTA 55992 profiles.
- Escape Challenge - Escape Room4.817.4 mi
- UNRAVELED Escape Room - Best Escape Room4.818.5 mi
- Welch Village Ski & Snowboard Area4.517.4 mi
- Two Sisters - Kitchen + Bar4.613.4 mi
- Round Barn Farm Wedding Venue & Bed and Breakfast4.919.5 mi
- Red Wing Barrel House4.719 mi
- Sheldon Theatre4.818.8 mi
- Covered Bridge Park4.61.1 mi
- Pottery Museum of Red Wing4.618.4 mi
- YMCA4.218.9 mi
- Goodhue County Historical Society4.618.4 mi
- Historic Zumbrota Covered Bridge4.81.1 mi
- Chicago Great Western Depot4.718.8 mi
- Covered Bridge Park4.61.1 mi
- Red Wing Marina & Boat Rental4.518.8 mi
- Ole Miss Marina Gas Dock4.518.7 mi
- Pine Island Golf Course4.48 mi
- Zumbrota Golf Club4.40.2 mi
- Nilssen's Foods4.21.2 mi
- Rochester International Airport4.229.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Historic landmark and recreational space along the Zumbro River.
Local 9-hole course serving the community.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).