Zip lookup · MN

56087
Springfield, Minnesota.

Springfield, Brown County, MN · New Ulm, MN metro · population 3,105

What it costs per month · 56087 $1,112/mo

to buy the typical home at today's mortgage rate — +$657 (+144%) since Jan 2020.

What the home itself did
1 year
Up $16,646 +9%
$195,163$211,810 since Sep 2025
5 years
Up $65,774 +45%
$146,036$211,810 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 56087 $1,112 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 56087$1,112
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 9 years.

Typical home values in zip 56087 rose 8.5% over the past year — faster than the nation's +1.2%.

This zip spans 2 counties: Brown County, MN 75% · Redwood County, MN 25%

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

Typical home value $211,810 as of Sep 2026
+8.5%year on year

Typical home value — 56087

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 56087 $211,810 New Ulm $247,203 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • 56087$211,810
  • New Ulm$247,203
  • United States$366,157

Within 20 miles

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