56533, Elizabeth, MN

The 56533 zip code of Elizabeth, MN has a median home value of $162,000 and a median home equity value of $111,000. These values are lower than the statewide median home value of $218,500 and statewide median home equity value of $146,700. The 56533 zip code is also below the national median home value of $177,200.

There are a number of factors that may contribute to the lower values in the 56533 zip code. First, this area may have a higher percentage of homes that are owned by individuals rather than families. This could lead to lower demand for homes and consequently lower prices. Additionally, there may be less investment available in this area due to its low income levels or lack thereof. Finally, there may be fewer opportunities for homeowners to sell their homes at above-market prices due to restrictive zoning laws or other factors.