56557, Mahnomen, MN

Mahnomen is a small town in the southwestern part of Minnesota. The population was 2,821 at the 2010 census. Mahnomen is located in Osceola County, about 20 miles southwest of Willmar and 30 miles northwest of Mankato.

The 56557 zip code covers all of Mahnomen except for a small portion on the north side that is in Clearwater County. The median home value in this zip code was $128,000 as of September 1, 2016, which is lower than the statewide median home value of $165,000 but higher than the national median home value of $77,500. The percentage of homes with a mortgage was 73% as of September 1, 2016.

There has been an increase in home equity and home prices over the past few years in Mahnomen. This may be due to factors such as low interest rates and increased demand for housing due to an improving economy. It's important to note that while there has been an increase in home values over the past few years, it's still possible to find affordable housing options in Mahnomen if you're looking for something closer to town than some other areas in Minnesota.