55354
Lester Prairie, Minnesota.
Lester Prairie, McLeod County, MN · Hutchinson, MN metro · population 3,159
to buy the typical home at today's mortgage rate — +$896 (+116%) since Jan 2020.
- 1 year
- Up $8,991 +3%
- $308,668$317,659 since Sep 2025
- 5 years
- Up $59,060 +23%
- $258,599$317,659 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.
- 55354$1,667
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 17 years.
Typical home values in zip 55354 rose 2.9% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Lester Prairie, MN — measured over the city limits, which is a different area from this zip.
Typical home value — 55354
Mid-tier homes, smoothed and seasonally adjusted.
- 55354$317,659
- Hutchinson$297,248
- 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 |
|---|---|---|---|---|---|
| 4.7 | 55367 | New Germany | 1,122 | — | $395,101 |
| 5.0 | 55395 | Winsted | 2,723 | — | $291,107 |
| 6.4 | 55381 | Silver Lake | 1,819 | — | $306,123 |
| 7.3 | 55370 | Plato | 558 | — | $360,753 |
| 7.6 | 55360 | Mayer | 3,341 | — | $391,158 |
| 8.1 | 55397 | Young America | 3,404 | — | $346,990 |
| 9.7 | 55336 | Glencoe | 8,296 | — | $295,375 |
| 11.8 | 55388 | Watertown | 5,893 | — | $379,717 |
| 12.1 | 55339 | Hamburg | 942 | — | $350,149 |
| 12.3 | 55349 | Howard Lake | 3,549 | — | $345,123 |
| 12.8 | 55368 | Norwood Young America | 1,775 | — | $358,172 |
| 13.4 | 55363 | Montrose | 5,814 | — | $325,609 |
| 13.4 | 55390 | Waverly | 3,492 | — | $356,337 |
| 14.4 | 55387 | Waconia | 15,030 | $1,860 | $463,778 |
| 15.0 | 55321 | Cokato | 5,646 | — | $333,705 |
| 15.3 | 55338 | Green Isle | 978 | — | $318,798 |
| 15.8 | 55350 | Hutchinson | 18,610 | $1,183 | $298,220 |
| 16.0 | 55322 | Cologne | 3,775 | — | $459,388 |
| 16.3 | 55328 | Delano | 10,019 | — | $440,922 |
| 16.6 | 55375 | Saint Bonifacius | 4,326 | — | $450,773 |
| 18.2 | 55312 | Brownton | 1,428 | — | $299,701 |
| 18.4 | 55325 | Dassel | 4,795 | — | $350,346 |
| 19.7 | 55364 | Mound | 14,097 | $2,464 | $535,237 |
| 19.8 | 55307 | Arlington | 2,981 | — | $290,893 |
| 19.9 | 55359 | Maple Plain | 6,997 | — | $604,476 |
| 20.0 | 55386 | Victoria | 10,077 | $2,184 | $621,002 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.