55359
Independence, Minnesota.
Independence, Hennepin County, MN · Minneapolis-St. Paul-Bloomington, MN-WI metro · population 6,997
to buy the typical home at today's mortgage rate — +$1,651 (+108%) since Jan 2020.
- 1 year
- Up $20,057 +3%
- $584,419$604,476 since Sep 2025
- 5 years
- Up $95,353 +19%
- $509,123$604,476 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.
- 55359$3,173
- 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 55359 rose 3.4% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Independence, MN — measured over the city limits, which is a different area from this zip.
Typical home value — 55359
Mid-tier homes, smoothed and seasonally adjusted.
- 55359$604,476
- Minneapolis$387,807
- United States$366,157
Within 20 miles
Showing 30 of 61 zips in range — sorting picks from all 61.
| 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 | 55364 | Mound | 14,097 | $2,464 | $535,237 |
| 5.6 | 55356 | Long Lake | 5,696 | $2,465 | $803,155 |
| 5.6 | 55328 | Delano | 10,019 | — | $440,922 |
| 5.8 | 55384 | Spring Park | 1,896 | — | $584,323 |
| 5.8 | 55373 | Rockford | 5,822 | $1,275 | $378,282 |
| 6.8 | 55357 | Loretto | 3,419 | — | $528,501 |
| 7.7 | 55375 | Saint Bonifacius | 4,326 | — | $450,773 |
| 8.0 | 55340 | Hamel | 10,183 | $2,800 | $685,689 |
| 8.1 | 55388 | Watertown | 5,893 | — | $379,717 |
| 8.4 | 55391 | Wayzata | 15,502 | $3,392 | $1,028,566 |
| 8.5 | 55331 | Excelsior | 19,805 | $2,451 | $830,316 |
| 10.4 | 55386 | Victoria | 10,077 | $2,184 | $621,002 |
| 10.4 | 55447 | Minneapolis | 20,931 | $1,916 | $492,919 |
| 10.7 | 55363 | Montrose | 5,814 | — | $325,609 |
| 10.8 | 55446 | Minneapolis | 28,247 | $2,214 | $612,721 |
| 10.9 | 55341 | Hanover | 3,561 | — | $456,979 |
| 10.9 | 55387 | Waconia | 15,030 | $1,860 | $463,778 |
| 12.2 | 55311 | Maple Grove | 38,472 | $2,374 | $497,636 |
| 12.3 | 55345 | Minnetonka | 20,789 | $1,627 | $538,280 |
| 12.5 | 55360 | Mayer | 3,341 | — | $391,158 |
| 12.6 | 55317 | Chanhassen | 22,299 | $2,201 | $534,164 |
| 13.3 | 55374 | Rogers | 16,661 | $2,173 | $479,075 |
| 13.3 | 55441 | Minneapolis | 17,944 | $1,701 | $454,519 |
| 13.6 | 55305 | Hopkins | 21,068 | $1,922 | $459,472 |
| 13.7 | 55318 | Chaska | 30,369 | $1,848 | $482,569 |
| 13.7 | 55313 | Buffalo | 24,913 | $1,663 | $383,296 |
| 13.7 | 55442 | Minneapolis | 12,694 | $2,020 | $465,684 |
| 13.8 | 55346 | Eden Prairie | 18,588 | $2,338 | $486,035 |
| 14.3 | 55390 | Waverly | 3,492 | — | $356,337 |
| 14.3 | 55376 | Saint Michael | 20,106 | $1,915 | $440,434 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.