The story of this market
The typical home in ZIP 56013 sells for about $182,312, or $75 per square foot.
Prices are up +3.9% from a year ago, so sellers still have some momentum. Homes take about 57 days to sell. HUD's fair market rent for a two-bedroom is $945 a month.
ZIP 56013 — Blue Earth
The Blue Earth market is characterized by low inventory and consistent, modest price appreciation. Driven by local demand and a lack of available supply, homes are moving at a moderate pace with competitive pricing.
Fits family buyers and downsizers seeking affordability and a small-town, lower-cost lifestyle; less suited for investors seeking high-velocity rental yield.
Median prices moved up 3.9% year over year.
Homes spend a median of 57 days on market with 0.0 months of supply — a balanced-paced market.
0% 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 2.0% · poverty 9.3% — 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 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 56013, Faribault 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.
Not determinable; specific regional crime trend reports for this ZCTA are not published in current market datasets.
Blue Earth schools generally carry a prevailing B or C+ grade profile on national assessment platforms like Niche, reflecting moderate performance in regional standings.
The area is subject to typical Midwestern climate risks, including seasonal wind and occasional severe weather; flood posture is determined by local FIRM mapping.
Local momentum is anchored by a stable, small-town agricultural-based economy; no major corporate HQ relocations or mega-infrastructure projects are currently reported.
Taxation is governed by Faribault County and the City of Blue Earth; specific rate formulas and local district overlays are governed by state-level property tax laws and local school levies.
A drive-oriented market with a short mean commute time of approximately 14.8 minutes, reflecting the localized nature of the Blue Earth employment base.
Features the iconic Green Giant statue, local fairgrounds, and Soo Line Depot Museum; regional parks and outdoor activities are characteristic of the rural setting.
Rental market depth is limited with very low inventory; vacancy pressure is low due to high owner-occupancy rates.
The economy is primarily driven by agricultural services and small-town commercial and retail sectors.
The area is primarily served by regional highway corridors with no major public transit infrastructure.
No major approved or under-construction development pipelines are currently reported for this area.
Parcels are subject to Faribault County taxing jurisdictions and local school district levies.
Standard property-insurance posture for southern Minnesota; no specific high-risk designation published.
Data retrieved from data.census.gov ZCTA 56013 profiles.
- Green Giant Statue Park4.66 mi
- Jolly Green Giant4.76 mi
- Fairmont Opera House4.714 mi
- Green Giant Statue Park4.66 mi
- Faribault County Fairgrounds4.45.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Iconic local landmark and tourist attraction.
Hosts local community events and the annual county fair.
Local history museum housed in a historic depot.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.