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A market with no active rental pool to price against. The sale-side figures below are the whole picture.
What would change this read: the median listing price is −0.5% YoY. inventory, +60.1% YoY, is the number to watch.
The median listing price is down 0.5% YoY while the median home got down 7.6% bigger, so value per square foot is down 10.8%.
U.S. Census ACS characteristics for ZIP 55906 itself, not its parent county.
Renters hold 25.0% of this ZIP's 8,539 occupied households, on a median household income of $94K.
| Measure | ZIP 55906 | Olmsted County | Difference |
|---|---|---|---|
| Median Household Income | $94K | $95K | -$2K |
| Below Poverty Level | 8.4% | 7.5% | +0.9% |
| Median Age | 42.10 | 37.80 | +4.30 |
| Total Population | 20,437 | 164,498 | -- |
| Avg Household Size | 2.37 | 2.41 | -0.04 |
| Owner-Occupied | 75.0% | 70.6% | +4.5% |
| Worked From Home | 21.6% | 15.4% | +6.2% |
| Mean Commute | 18.90 | 18.70 | +0.20 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.7% to 164,498: residents under 18 are down 0.5% and those 65 and over are up 2.7%.
County median household income is $95K, 7.5% of residents are below the poverty level, 15.4% work from home.