U.S. ZIP Code · MN56721
Polk County · Grand Forks, ND-MN
Appreciation
- 1-year
- +5.9%
- 5-year / yr
- +4.5%
- 10-year / yr
- +3.6%
Relative price
- vs U.S.
- +1.0%
- vs metro
- +18.6%
- vs state
- -3.6%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 56721 is worth $286,992 — 18.6% above the Grand Forks, ND-MN median. Over the past year, values have risen 5.9%. The effective property tax rate is 1.1%.
#Rent & investment
Typical asking rent, and the returns it implies at the current home value.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#Climate risk
FEMA National Risk Index ratings for Polk 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
- Relatively Low
- Drought
- Relatively Moderate
- Heat wave
- Very Low
- Hurricane
- Not Applicable
- Tornado
- Relatively Low
- Earthquake
- Very Low
- Winter weather
- Relatively High
#Who lives here
#Migration
Household moves in and out of Polk County over a year, from IRS tax-return data.
- Net migration
- -167[5]
- Moved in
- 664
- Moved out
- 831
Schools
Open public schools in this ZIP, from the NCES Common Core of Data.
- Public schools
- 4
- Elementary
- 2
- Middle
- 1
- High
- 1
EAST GRAND FORKS SENIOR HIGH
High · Grades 9–12 · East Grand Forks Public Schools
588 students
NEW HEIGHTS ELEMENTARY
Elementary · Grades PK–2 · East Grand Forks Public Schools
490 students
CENTRAL MIDDLE
Middle · Grades 6–8 · East Grand Forks Public Schools
438 students
SOUTH POINT ELEMENTARY
Elementary · Grades 3–5 · East Grand Forks Public Schools
426 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 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.
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.
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.
Frequently asked
- How much is a home worth in ZIP code 56721?
- The typical home in 56721 is worth $286,992, based on the Zillow Home Value Index.
- Are home values rising in 56721?
- Home values in 56721 are up 5.9% over the past year, and up 4.5% a year over five years.
- What is the property tax rate in 56721?
- The effective property tax rate in 56721 is 1.1% — roughly $3,177 a year on a typical home.
- Who lives in 56721?
- ZIP code 56721 has a population of 10,679 and a median household income of $82,525.
#Comparable ZIPs
Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.
Trail, MN
- Typical home
- $287,935
- Gross yield
- —
Gully, MN
- Typical home
- $282,124
- Gross yield
- —
Erskine, MN
- Typical home
- $295,210
- Gross yield
- —
Fisher, MN
- Typical home
- $271,999
- Gross yield
- —
Manvel, ND
- Typical home
- $265,935
- Gross yield
- —
Grand Forks, ND
- Typical home
- $320,814
- Gross yield
- 4.5%
Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →
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Pit ZIP 56721 against any other ZIP — full side-by-side table.
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