HousingHandbookReference data

U.S. ZIP Code · MN55339

Carver County · Minneapolis-St. Paul-Bloomington, MN-WI

Typical home value

$353,639[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.4%
5-year / yr
+3.5%
10-year / yr
+5.3%

Relative price

vs U.S.
+24.5%
vs metro
-7.4%
vs state
+18.8%
ZIP 55339 location in MN
Location of ZIP 55339 in MN

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 55339 is worth $353,639 — 7.4% below the Minneapolis-St. Paul-Bloomington, MN-WI median. Over the past year, values have risen 3.4%. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.9%[3]
Typical annual tax
$3,254[3]

#Climate risk

FEMA National Risk Index ratings for Carver County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Not Applicable
Tornado
Relatively Moderate
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
942[3]
Median household income
$92,813[3]

#Migration

Household moves in and out of Carver County over a year, from IRS tax-return data.

Net migration
+77[5]
Moved in
3,551
Moved out
3,474

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,788
Loan principal$282,911
Down payment$70,728
Total interest paid$360,837

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$2,354
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
52nd percentile[1]
Rental yield
[2]
Property tax
23rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 55339?
The typical home in 55339 is worth $353,639, based on the Zillow Home Value Index.
Are home values rising in 55339?
Home values in 55339 are up 3.4% over the past year, and up 3.5% a year over five years.
What is the property tax rate in 55339?
The effective property tax rate in 55339 is 0.9% — roughly $3,254 a year on a typical home.
Who lives in 55339?
ZIP code 55339 has a population of 942 and a median household income of $92,813.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Waverly, MN

    Typical home
    $353,260
    Gross yield
  • Belle Plaine, MN

    Typical home
    $353,101
    Gross yield
  • St. Francis, MN

    Typical home
    $354,265
    Gross yield
  • Newport, MN

    Typical home
    $352,665
    Gross yield
  • Minneapolis, MN

    Typical home
    $352,555
    Gross yield
    5.8%
  • North Branch, MN

    Typical home
    $354,864
    Gross yield

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