HousingHandbookReference data

U.S. ZIP Code · MN56071

Le Sueur County · Minneapolis-St. Paul-Bloomington, MN-WI

Typical home value

$423,154[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.8%
5-year / yr
+4.5%
10-year / yr
+5.9%

Relative price

vs U.S.
+49.0%
vs metro
+10.8%
vs state
+42.1%
ZIP 56071 location in MN
Location of ZIP 56071 in MN

Price history

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

The typical home in 56071 is worth $423,154 — 10.8% above the Minneapolis-St. Paul-Bloomington, MN-WI median. Over the past year, values have risen 2.8%. The effective property tax rate is 1.0%.

#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
1.0%[3]
Typical annual tax
$4,289[3]

#Climate risk

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

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

#Who lives here

Population
13,157[3]
Median household income
$115,690[3]

#Migration

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

Net migration
-68[5]
Moved in
839
Moved out
907

Schools

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

Public schools
8
Elementary
3
Middle
1
High
4
  • NEW PRAGUE SENIOR HIGH

    High · Grades 9–12 · NEW PRAGUE AREA SCHOOLS

    1,311 students

  • NEW PRAGUE MIDDLE SCHOOL

    Middle · Grades 6–8 · NEW PRAGUE AREA SCHOOLS

    950 students

  • RAVEN STREAM ELEMENTARY

    Elementary · Grades K–5 · NEW PRAGUE AREA SCHOOLS

    586 students

  • FALCON RIDGE

    Elementary · Grades K–5 · NEW PRAGUE AREA SCHOOLS

    518 students

  • CENTRAL EDUCATION CAMPUS

    Elementary · Grades PK–8 · NEW PRAGUE AREA SCHOOLS

    106 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$2,140
Loan principal$338,523
Down payment$84,631
Total interest paid$431,767

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$2,848
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
80th percentile[1]
Rental yield
[2]
Property tax
45th percentile[3]

Frequently asked

How much is a home worth in ZIP code 56071?
The typical home in 56071 is worth $423,154, based on the Zillow Home Value Index.
Are home values rising in 56071?
Home values in 56071 are up 2.8% over the past year, and up 4.5% a year over five years.
What is the property tax rate in 56071?
The effective property tax rate in 56071 is 1.0% — roughly $4,289 a year on a typical home.
Who lives in 56071?
ZIP code 56071 has a population of 13,157 and a median household income of $115,690.

#Comparable ZIPs

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

  • Burnsville, MN

    Typical home
    $419,063
    Gross yield
    4.1%
  • Elysian, MN

    Typical home
    $418,513
    Gross yield
  • Stacy, MN

    Typical home
    $418,377
    Gross yield
  • Shoreview, MN

    Typical home
    $416,952
    Gross yield
    5.2%
  • Somerset, WI

    Typical home
    $416,439
    Gross yield
    3.5%
  • Elk River, MN

    Typical home
    $415,890
    Gross yield
    5.6%

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