The story of this market
The typical home in ZIP 56727 sells for about $358,000, or $146 per square foot.
Prices are up +146.6% from a year ago, so sellers still have some momentum. Homes take about 87 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $755 a month.
ZIP 56727 — Grygla
The housing market in 56727 is characterized by low inventory and rural price volatility. Recent price spikes reflect limited transaction volume rather than broad market appreciation. The area remains a niche market for those seeking rural property.
This area is best suited for those seeking rural living, outdoor enthusiasts, or individuals looking for affordable housing options away from major employment centers.
Median prices moved up 146.6% year over year.
Homes spend a median of 87 days on market with 6.2 months of supply — a balanced-paced market.
25% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.9% · poverty 6.3% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 56727, Minnesota
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Property taxes are assessed at the county level in Marshall and Beltrami counties; specific mill rates vary by school district and local municipality.
The area is primarily rural, offering access to outdoor recreation including hunting, fishing, and proximity to state wildlife management areas.
The rental market is limited in depth due to the rural nature of the ZIP code, with low turnover and minimal multi-family inventory.
The local economy is primarily driven by agriculture and forestry, with limited commercial infrastructure.
Transportation is entirely dependent on private vehicles, with no public transit infrastructure available.
Parcels are subject to local school district levies and county-level property tax assessments.
Data retrieved from data.census.gov ZCTA 56727 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 major regional attraction for birdwatching and wildlife observation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.