The story of this market
The typical home in ZIP 56056 sells for about $325,000, or $165 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,250 a month.
ZIP 56056 — La Salle
The housing market in 56056 remains stable with modest price appreciation and consistent demand for single-family homes. Low inventory levels continue to support pricing, though buyers are increasingly sensitive to interest rate fluctuations. The market is driven by local employment stability and its appeal as a more affordable alternative to the Twin Cities.
This ZIP is well-suited for families and local workers seeking a small-town atmosphere with manageable access to larger employment hubs. It offers a lower cost of living compared to the inner Twin Cities suburbs.
Median prices moved up 2.1% year over year.
Homes spend a median of 45 days on market with 4.2 months of supply — a fast-moving 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 2.2% · poverty 0.0% — 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 7.8%/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 7.0%/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 56056, Le Sueur 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.
Crime rates in the Le Sueur area remain low compared to regional and national averages, with property crime being the primary concern. Local law enforcement reports stable trends in public safety.
Schools serving the area are generally rated as average to above-average, with a focus on community-integrated education within the local independent school district.
The area faces moderate risks related to severe weather, including wind and occasional flooding near the Minnesota River valley. Property insurance remains stable but reflects regional climate-risk adjustments.
Economic momentum is driven by local manufacturing, agriculture, and proximity to the Twin Cities employment corridor. Infrastructure improvements focus on maintaining regional highway connectivity.
Property taxes are assessed at the county level based on market value, with rates determined by local school district and municipal levies. Homestead exemptions are available for primary residences.
Commuters primarily utilize MN-169 for access to the Twin Cities metro area, with average commute times reflecting a rural-to-suburban transition profile.
The area features access to the Minnesota River, local parks, and community golf courses, providing a quiet, outdoor-oriented amenity base.
The rental market is characterized by low vacancy rates and limited inventory, with demand driven by local workforce needs and a lack of new multi-family supply.
The economy is anchored by manufacturing, healthcare, and agricultural services, with many residents commuting to the broader Mankato or Twin Cities regions.
Transportation is heavily reliant on private vehicles, with MN-169 serving as the primary arterial route for regional connectivity.
Development is focused on modest residential expansion and the preservation of historic downtown infrastructure.
The Le Sueur County Assessor manages property valuations, utilizing a mass appraisal system to ensure equitable taxation across the county.
Parcels are subject to school district levies and county-wide special service districts for infrastructure and emergency services.
Property insurance premiums are influenced by regional weather patterns, with standard coverage widely available.
Net domestic migration is stable, with a slight trend of families moving from more expensive urban centers to the area.
Minnesota is a judicial foreclosure state, requiring court oversight for the foreclosure process, which typically includes a statutory redemption period.
Sellers are required to provide a written disclosure statement regarding the condition of the property, including known material defects.
Data retrieved from data.census.gov ZCTA-level tables.
- New Ulm Turner Hall4.617.2 mi
- Lake Hanska County Park4.33.3 mi
- Watona Park4.48.1 mi
- Madelia Theater4.68.1 mi
- New Ulm Turner Hall4.617.2 mi
- New Ulm's Glockenspiel4.617.6 mi
- Lake Hanska County Park4.33.3 mi
- Watona Park4.48.1 mi
- St James Golf Course4.47.4 mi
- South Fork Golf Club4.17.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides recreational fishing, boating, and scenic trails.
Features fitness facilities and community programming.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.