How much is a home worth in ZIP code 55372?

The typical home in 55372 is worth $522,731, based on the Zillow Home Value Index.

Are home values rising in 55372?

Home values in 55372 are up 2.0% over the past year, and up 3.5% a year over five years.

What is the typical rent in 55372?

A typical home in 55372 rents for about $1,929 a month, a gross rental yield of 4.4%.

What is the property tax rate in 55372?

The effective property tax rate in 55372 is 0.9% — roughly $4,800 a year on a typical home.

ZIP code 55372 has a population of 34,772 and a median household income of $145,499.

HousingHandbookReference data

…

U.S. ZIP Code · MN55372

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

Typical home value

$522,731^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.0%
5-year / yr: +3.5%
10-year / yr: +4.8%

Relative price

vs U.S.: +84.0%
vs metro: +36.8%
vs state: +75.6%

Price history

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

The typical home in 55372 is worth $522,731 — 36.8% above the Minneapolis-St. Paul-Bloomington, MN-WI median. Over the past year, values have risen 2.0%. Homes here rent for a typical $1,929 a month — a 4.4% gross rental yield. 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: $1,929^[2]
Gross yield: 4.4%^[2]
Cap rate: 2.7%^[2]

#Property tax

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

Effective tax rate: 0.9%^[3]
Typical annual tax: $4,800^[3]

#Climate risk

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

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

#Who lives here

Population: 34,772^[3]
Median household income: $145,499^[3]

#Migration

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

Net migration: -198^[5]
Moved in: 4,808
Moved out: 5,006

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 9
Elementary: 4
Middle: 1
High: 3

Prior Lake-Savage Middle School
Middle · Grades 6–8 · PRIOR LAKE-SAVAGE AREA SCHOOLS
1,996 students
JEFFERS POND ELEMENTARY
Elementary · Grades K–5 · PRIOR LAKE-SAVAGE AREA SCHOOLS
504 students
WestWood Elementary
Elementary · Grades K–5 · PRIOR LAKE-SAVAGE AREA SCHOOLS
492 students
Five Hawks Elementary
Elementary · Grades K–5 · PRIOR LAKE-SAVAGE AREA SCHOOLS
477 students
La Ola Del Lago at Grainwood
Elementary · Grades K–5 · PRIOR LAKE-SAVAGE AREA SCHOOLS
471 students

Run the numbers

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

Home value$Monthly rent$

Gross yield4.4%

Net yield (after ~40% expenses)2.7%

Annual rent$23,149

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,643

Loan principal$418,185

Down payment$104,546

Total interest paid$533,371

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.80

Monthly cost to own$3,480

Monthly rent$1,929

Renting is meaningfully cheaper month-to-month.

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: 53rd percentile^[1]
Rental yield: 15th percentile^[2]
Property tax: 21st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 55372?: The typical home in 55372 is worth $522,731, based on the Zillow Home Value Index.
Are home values rising in 55372?: Home values in 55372 are up 2.0% over the past year, and up 3.5% a year over five years.
What is the typical rent in 55372?: A typical home in 55372 rents for about $1,929 a month, a gross rental yield of 4.4%.
What is the property tax rate in 55372?: The effective property tax rate in 55372 is 0.9% — roughly $4,800 a year on a typical home.
Who lives in 55372?: ZIP code 55372 has a population of 34,772 and a median household income of $145,499.

#Comparable ZIPs

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

55020 vs 55372 →
Elko New Market, MN
Typical home
$524,559
Gross yield
—
55082 vs 55372 →
Grant, MN
Typical home
$526,901
Gross yield
4.6%
55044
Lakeville, MN
Typical home
$517,091
Gross yield
4.6%
55357
Greenfield, MN
Typical home
$528,411
Gross yield
—
55317
Chanhassen, MN
Typical home
$533,711
Gross yield
4.8%
55120
Mendota Heights, MN
Typical home
$511,286
Gross yield
—

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#Jump to section

U.S. ZIP Code · MN55372

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