56138, Hills, MN

The 56138 zip code of Hills, MN has a median home value of $161,000 and a median home equity value of $111,000. These values are higher than the statewide median home value of $146,500 and the statewide median home equity value of $106,200. The zip code also has a lower than average unemployment rate of 3.8% and a higher than average population density of 463 people per square mile. These factors may contribute to the high home values in this zip code.

Another contributing factor to the high home values in this zip code is the low number of homes for sale in this area. There are only 36 homes for sale in this zip code as compared to the Minnesota state average of 231 homes for sale per month. This may be due to the strong demand for housing in this area or it may be indicative that there are few potential buyers who can afford to purchase a home in this zip code.