55397
Norwood Young America, Minnesota.
Norwood Young America, Carver County, MN · Minneapolis-St. Paul-Bloomington, MN-WI metro · population 3,404
to buy the typical home at today's mortgage rate — +$890 (+96%) since Jan 2020.
- 1 year
- Up $6,579 +2%
- $340,411$346,990 since Sep 2025
- 5 years
- Up $39,355 +13%
- $307,634$346,990 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.
- 55397$1,821
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 29 years.
Typical home values in zip 55397 rose 1.9% over the past year — faster than the nation's +1.2%.
This zip spans 2 counties: Carver County, MN 97% · McLeod County, MN 3%
Zillow also publishes an index for the city itself: Norwood Young America, MN — measured over the city limits, which is a different area from this zip.
Typical home value — 55397
Mid-tier homes, smoothed and seasonally adjusted.
- 55397$346,990
- Minneapolis$387,807
- 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 |
|---|---|---|---|---|---|
| 5.3 | 55368 | Norwood Young America | 1,775 | — | $358,172 |
| 5.5 | 55367 | New Germany | 1,122 | — | $395,101 |
| 5.7 | 55370 | Plato | 558 | — | $360,753 |
| 6.2 | 55339 | Hamburg | 942 | — | $350,149 |
| 6.7 | 55360 | Mayer | 3,341 | — | $391,158 |
| 8.0 | 55322 | Cologne | 3,775 | — | $459,388 |
| 8.1 | 55387 | Waconia | 15,030 | $1,860 | $463,778 |
| 8.1 | 55354 | Lester Prairie | 3,159 | — | $317,659 |
| 10.1 | 55388 | Watertown | 5,893 | — | $379,717 |
| 10.6 | 55338 | Green Isle | 978 | — | $318,798 |
| 11.3 | 55375 | Saint Bonifacius | 4,326 | — | $450,773 |
| 11.5 | 55395 | Winsted | 2,723 | — | $291,107 |
| 12.4 | 55336 | Glencoe | 8,296 | — | $295,375 |
| 13.5 | 55386 | Victoria | 10,077 | $2,184 | $621,002 |
| 14.1 | 55315 | Carver | 7,147 | — | $508,192 |
| 14.5 | 55381 | Silver Lake | 1,819 | — | $306,123 |
| 14.6 | 55318 | Chaska | 30,369 | $1,848 | $482,569 |
| 15.3 | 55364 | Mound | 14,097 | $2,464 | $535,237 |
| 15.7 | 55363 | Montrose | 5,814 | — | $325,609 |
| 16.1 | 55328 | Delano | 10,019 | — | $440,922 |
| 16.7 | 56011 | Belle Plaine | 9,921 | — | $349,465 |
| 16.9 | 55384 | Spring Park | 1,896 | — | $584,323 |
| 17.0 | 55331 | Excelsior | 19,805 | $2,451 | $830,316 |
| 17.3 | 55307 | Arlington | 2,981 | — | $290,893 |
| 17.3 | 55359 | Maple Plain | 6,997 | — | $604,476 |
| 17.5 | 55390 | Waverly | 3,492 | — | $356,337 |
| 17.6 | 56044 | Henderson | 2,370 | — | $366,857 |
| 18.3 | 55349 | Howard Lake | 3,549 | — | $345,123 |
| 19.0 | 55317 | Chanhassen | 22,299 | $2,201 | $534,164 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.