56181
Welcome, Minnesota.
Welcome, Martin County, MN · Fairmont, MN metro · population 1,280
to buy the typical home at today's mortgage rate — +$710 (+149%) since Jan 2020.
- 1 year
- Up $14,786 +7%
- $211,166$225,952 since Sep 2025
- 5 years
- Up $70,252 +45%
- $155,700$225,952 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.
- 56181$1,186
- 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 56181 rose 7.0% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Welcome, MN — measured over the city limits, which is a different area from this zip.
Typical home value — 56181
Mid-tier homes, smoothed and seasonally adjusted.
- 56181$225,952
- 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 |
|---|---|---|---|---|---|
| 7.2 | 56171 | Sherburn | 1,632 | — | $240,641 |
| 8.4 | 56031 | Fairmont | 11,665 | — | $198,046 |
| 9.1 | 56176 | Trimont | 888 | — | $218,734 |
| 9.7 | 56121 | Ceylon | 590 | — | $163,266 |
| 11.4 | 56162 | Ormsby | 313 | — | $255,595 |
| 12.0 | 56127 | Dunnell | 474 | — | $341,838 |
| 13.1 | 56088 | Truman | 2,071 | — | $212,350 |
| 14.7 | 56039 | Granada | 880 | — | $348,749 |
| 15.3 | 50531 | Dolliver | 325 | — | $170,453 |
| 19.6 | 56060 | Lewisville | 400 | — | $169,789 |
| 19.7 | 50514 | Armstrong | 1,117 | — | $167,642 |
| 19.9 | 56143 | Jackson | 4,509 | $1,262 | $207,671 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.