56229
Cottonwood, Minnesota.
Cottonwood, Lyon County, MN · Marshall, MN metro · population 1,672
to buy the typical home at today's mortgage rate — +$706 (+113%) since Jan 2020.
- 1 year
- Up $18,796 +8%
- $234,517$253,314 since Sep 2025
- 5 years
- Up $61,929 +32%
- $191,384$253,314 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.
- 56229$1,330
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in zip 56229 rose 8.0% over the past year — faster than the nation's +1.2%.
This zip spans 2 counties: Lyon County, MN 78% · Yellow Medicine County, MN 22%
Zillow also publishes an index for the city itself: Cottonwood, MN — measured over the city limits, which is a different area from this zip.
Typical home value — 56229
Mid-tier homes, smoothed and seasonally adjusted.
- 56229$253,314
- Marshall$226,823
- 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 |
|---|---|---|---|---|---|
| 6.7 | 56245 | Hanley Falls | 441 | — | $143,199 |
| 9.2 | 56297 | Wood Lake | 811 | — | $178,977 |
| 10.7 | 56258 | Marshall | 15,888 | — | $246,999 |
| 12.5 | 56223 | Clarkfield | 1,351 | — | $153,507 |
| 12.7 | 56264 | Minneota | 2,277 | — | $205,959 |
| 14.3 | 56237 | Echo | 553 | — | $188,277 |
| 15.1 | 56292 | Vesta | 577 | — | $193,376 |
| 15.7 | 56241 | Granite Falls | 3,933 | — | $187,914 |
| 17.1 | 56291 | Taunton | 397 | — | $259,437 |
| 17.5 | 56157 | Lynd | 707 | — | $291,592 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.