56164, Pipestone, MN

The 56164 zip code of Pipestone, Minnesota has a population of just over 2,000 people. The median household income in this zip code is just under $50,000, and the median home value is just over $150,000. In recent years, home values in this area have been increasing at a fairly consistent rate. As of September 2017, the median home value in this zip code was $158,500. This represents an increase of 7% over the previous year.

One reason that home values have been increasing in this area is likely due to the strong economy that we are currently experiencing. Jobs are plentiful and wages are rising, which means that people can afford to buy more homes than they would otherwise be able to do. Additionally, there is a lot of interest in buying homes here right now – both from individuals who are looking to buy their first home or from families who are looking to buy a second or third home.

Despite these positive trends, it's important to keep in mind that not all areas within Pipestone County are experiencing similar levels of growth – some neighborhoods have seen their homes values decline slightly while others have seen no change at all. So if you're thinking about buying a home in this area – or if you're already living here – it's important to do your research and consult with an experienced real estate agent before making any decisions.