58261, Minto, ND

The 58261 zip code of Minto, ND is located in the southwestern corner of the state and includes a small portion of the city of Fargo. The population of this zip code was 10,898 as of the 2010 census. Home prices in this zip code have increased significantly over the past several years, reaching an all-time high in 2016.

According to Zillow, home prices in this zip code increased by 116% from 2007 to 2016. This is much higher than the national average increase of 59%. In addition, home values have continued to rise since 2016, reaching an all-time high in May 2018. This suggests that there is strong demand for homes in this area and that buyers are willing to pay a premium for properties here.

One reason why home prices have been so high in this area is because there are relatively few available homes for sale. As of May 2018, there were only 2 homes for sale within this zip code compared to a national average of 599 per zip code. In addition, many homes here are owned by investors who are looking to sell quickly and without having to worry about maintenance or repairs. This has made it difficult for people who want to buy a home here but also makes it difficult for people who want to rent an apartment or house from someone else.

Despite these challenges, many people do live in this area and commute into Fargo or Minneapolis each day. There is also a large military population here which may help keep housing demand stable even during times when other areas may be experiencing more difficulty selling homes or when jobs are moving away from the area altogether. Overall, while there are some challenges associated with living in this ZIP Code, it appears that there is strong demand for properties here and that prices will continue to rise over time