56721, East Grand Forks, MN

East Grand Forks, MN is located in the 56721 zip code. The median home value in this zip code is $161,500. Home equity in East Grand Forks has increased by an average of 7% over the past year. This increase can be attributed to a variety of factors including low interest rates and increasing home values.

East Grand Forks is a growing community with many families looking to purchase their first home. The availability of affordable homes and increasing home values have made East Grand Forks an attractive place to live. There are currently three active listings for homes in the 56721 zip code and the average list price is $178,000. This indicates that there are plenty of opportunities for buyers who are looking for a quality home at a reasonable price.

The majority of East Grand Forks residents own their homes outright or with a modest amount of equity. However, there are also a number of homeowners who have taken out mortgages to purchase their homes. Regardless of whether someone owns their home outright or has borrowed against it, they will likely benefit from rising home values over time due to increased equity levels.