55332
Fairfax, Minnesota.
Fairfax, Renville County, MN · Mankato, MN metro · population 1,667
to buy the typical home at today's mortgage rate — +$512 (+115%) since Jan 2020.
- 1 year
- Up $12,187 +7%
- $170,313$182,500 since Sep 2025
- 5 years
- Up $29,186 +19%
- $153,314$182,500 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 55332$958
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 20 years.
Typical home values in zip 55332 rose 7.2% over the past year — faster than the nation's +1.2%.
This zip spans 3 counties: Renville County, MN 82% · Nicollet County, MN 17% · Sibley County, MN 2%
Zillow also publishes an index for the city itself: Fairfax, MN — measured over the city limits, which is a different area from this zip.
Typical home value — 55332
Mid-tier homes, smoothed and seasonally adjusted.
- 55332$182,500
- Mankato$305,707
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 8.0 | 55335 | Gibbon | 1,666 | — | $249,973 |
| 8.3 | 55333 | Franklin | 698 | — | $172,048 |
| 12.4 | 56266 | Morgan | 1,583 | — | $188,476 |
| 13.7 | 56270 | Morton | 1,076 | — | $145,565 |
| 15.4 | 55342 | Hector | 1,973 | — | $213,807 |
| 15.7 | 56085 | Sleepy Eye | 5,047 | — | $263,564 |
| 16.8 | 55396 | Winthrop | 2,288 | — | $239,974 |
| 17.6 | 56054 | Lafayette | 853 | — | $249,840 |
| 18.3 | 55314 | Buffalo Lake | 1,187 | — | $218,474 |
| 18.4 | 55310 | Bird Island | 1,344 | — | $180,446 |
| 18.4 | 55385 | Stewart | 1,337 | — | $274,464 |
| 18.7 | 56073 | New Ulm | 17,339 | — | $250,639 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.