56628, Bigfork, MN

The 56628 zip code of Bigfork, MN has a median home value of $133,000 and a median home equity value of $101,000. These values are above the statewide median home value of $117,500 and the statewide median home equity value of $102,700. The 56628 zip code is also above the national median home value of $181,200.

There are a number of factors that may contribute to the high values in the 56628 zip code. The area is located in central Minnesota and has a low population density which may lead to more expensive homes. Additionally, Bigfork is an affluent community with a high level of education and income levels. This may lead to higher demand for homes and increased prices.

Despite these factors, there are still some homeowners in the 56628 zip code who are experiencing difficulty paying their mortgages or who have lost their homes to foreclosure. This indicates that there is still potential for price decreases in this area over time if more homeowners experience financial difficulties.