55965, Preston, MN

Home Equity and Home Prices in the 55965 Zip Code of Preston, MN

The zip code of 55965 in Minnesota has a median home value of $151,000. This is higher than the state median home value of $130,000. The zip code also has a high percentage of homeowners with equity in their homes. In the zip code, 68% of homeowners have equity in their homes. This is higher than the state average of 62%.

One reason for this high percentage of homeowners with equity may be that Preston is a relatively affluent area. The median household income in the zip code is $92,500, which is above the state median household income of $70,000. Additionally, there are a number of expensive homes in the area that may contribute to homeowner equity.