Zip lookup · MN

56043
Hayward, Minnesota.

Hayward, Freeborn County, MN · Albert Lea, MN metro · population 423

What it costs per month · 56043 $1,145/mo

to buy the typical home at today's mortgage rate — +$631 (+123%) since Jan 2020.

What the home itself did
1 year
Up $14,659 +7%
$203,505$218,164 since Sep 2025
5 years
Up $48,446 +29%
$169,718$218,164 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.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 56043 $1,145 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 56043$1,145
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 14 years.

Typical home values in zip 56043 rose 7.2% over the past year — faster than the nation's +1.2%.

Zillow also publishes an index for the city itself: Hayward, MN — measured over the city limits, which is a different area from this zip.

Typical home value $218,164 as of Sep 2026
+7.2%year on year

Typical home value — 56043

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 56043 $218,164 Albert Lea $197,426 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • 56043$218,164
  • Albert Lea$197,426
  • 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
4.8 56007 Albert Lea 21,377 $1,043 $182,428
7.0 56036 Glenville 1,740 — $238,953
7.5 56045 Hollandale 922 — $196,172
9.8 56016 Clarks Grove 989 — $223,789
11.9 56035 Geneva 387 — $225,616
12.0 55912 Austin 29,632 $1,161 $189,158
14.3 50459 Northwood 3,045 — $204,393
15.7 56026 Ellendale 2,124 — $301,670
15.7 55953 Lyle 901 — $197,963
16.5 56042 Hartland 751 — $255,107
16.6 56009 Alden 1,527 — $238,117
17.5 56029 Emmons 642 — $187,302
17.7 55917 Blooming Prairie 3,410 — $268,896
18.7 56032 Freeborn 407 — $140,979

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.