The story of this market
The typical home in ZIP 56762 sells for about $196,625, or $105 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $733 a month.
ZIP 56762 — Warren
The housing market in ZIP 56762 is characterized by low inventory and modest price appreciation, reflecting a stable, rural economic environment. Demand remains consistent with local population trends, and the market is driven primarily by local owner-occupants rather than speculative investment.
This ZIP is best suited for families and individuals seeking an affordable, quiet, small-town lifestyle with high homeownership rates and a low cost of living.
Median prices moved up 4.2% year over year.
Homes spend a median of 120 days on market with 7.5 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.7% · poverty 11.9% — 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 3.4%/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 3.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 56762, Marshall 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 local public schools in the Warren-Alvarado-Oslo district, which provides standard rural educational services.
The region faces typical Midwestern climate risks, including winter storm exposure and potential spring flooding associated with the Red River Valley basin.
The local economy is primarily driven by agriculture and small-town commerce, with limited large-scale industrial development or major corporate infrastructure projects.
Property taxes are assessed at the county level in Marshall County, with rates determined by local school district levies and municipal requirements.
Commutes are primarily local within the city of Warren, with longer drives required for access to larger regional employment hubs like Grand Forks.
Local amenities include community parks and access to outdoor recreational activities typical of the Red River Valley, with limited large-scale shopping or entertainment venues.
The rental market is characterized by low inventory and high affordability, with limited turnover and minimal short-term rental activity.
The economy is anchored by agricultural production and local service-sector businesses supporting the surrounding rural community.
Transportation is heavily reliant on personal vehicles, with access to regional highways serving as the primary transit corridor.
There are no major large-scale commercial or residential developments currently reported for this ZIP code.
Marshall County Assessor manages property valuations based on state-mandated assessment cycles.
Parcels are subject to Marshall County levies and the Warren-Alvarado-Oslo school district taxes.
Property insurance premiums are generally stable, though coverage for flood and severe weather events is a standard consideration for the region.
Data retrieved from US Census Bureau ZCTA 56762 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.
- Sky-Vu Drive In4.92.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community green space for outdoor activities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.