HousingHandbookReference data

U.S. ZIP Code · MN55949

Fillmore County · Rochester, MN

Typical home value

$332,340[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.1%
5-year / yr
+6.0%
10-year / yr
+5.9%

Relative price

vs U.S.
+17.0%
vs metro
≈ metro median
vs state
+11.6%
ZIP 55949 location in MN
Location of ZIP 55949 in MN

Price history

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

The typical home in 55949 is worth $332,340. Over the past year, values have risen 1.1%. The effective property tax rate is 0.7%.

#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
0.7%[3]
Typical annual tax
$2,405[3]

#Climate risk

FEMA National Risk Index ratings for Fillmore 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
Very Low
Hurricane
No Rating
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
1,923[3]
Median household income
$84,327[3]

#Migration

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

Net migration
-48[5]
Moved in
444
Moved out
492

Schools

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

Public schools
2
Elementary
1
Middle
0
High
1
  • LANESBORO ELEMENTARY

    Elementary · Grades PK–6 · LANESBORO PUBLIC SCHOOL DISTRICT

    253 students

  • LANESBORO SECONDARY

    High · Grades 7–12 · LANESBORO PUBLIC SCHOOL DISTRICT

    190 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.

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$1,680
Loan principal$265,872
Down payment$66,468
Total interest paid$339,106

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$2,157
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
58th percentile[1]
Rental yield
[2]
Property tax
18th percentile[3]

Frequently asked

How much is a home worth in ZIP code 55949?
The typical home in 55949 is worth $332,340, based on the Zillow Home Value Index.
Are home values rising in 55949?
Home values in 55949 are up 1.1% over the past year, and up 6.0% a year over five years.
What is the property tax rate in 55949?
The effective property tax rate in 55949 is 0.7% — roughly $2,405 a year on a typical home.
Who lives in 55949?
ZIP code 55949 has a population of 1,923 and a median household income of $84,327.

#Comparable ZIPs

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

  • Kasson, MN

    Typical home
    $331,319
    Gross yield
  • Stewartville, MN

    Typical home
    $335,204
    Gross yield
  • Rochester, MN

    Typical home
    $329,266
    Gross yield
    6.1%
  • Lake City, MN

    Typical home
    $321,986
    Gross yield
  • Hayfield, MN

    Typical home
    $321,183
    Gross yield
  • Kellogg, MN

    Typical home
    $347,062
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 55949 against any other ZIP — full side-by-side table.

Compare 55949

#Jump to section