Zip lookup · MN

56534
Erhard, Minnesota.

Erhard, Otter Tail County, MN · Fergus Falls, MN metro · population 1,201

What it costs per month · 56534 $1,716/mo

to buy the typical home at today's mortgage rate — +$958 (+127%) since Jan 2020.

What the home itself did
1 year
Up $22,969 +8%
$303,871$326,840 since Sep 2025
5 years
Up $76,454 +31%
$250,386$326,840 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 56534 $1,716 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 56534$1,716
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 13 years.

Typical home values in zip 56534 rose 7.6% over the past year — faster than the nation's +1.2%.

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

Typical home value $326,840 as of Sep 2026
+7.6%year on year

Typical home value — 56534

Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 56534 $326,840 Fergus Falls $334,667 United States $366,157
$200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 56534$326,840
  • Fergus Falls$334,667
  • 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
7.7 56533 Elizabeth 286 — $221,099
10.4 56572 Pelican Rapids 5,827 — $395,180
10.8 56528 Dent 1,623 — $398,102
12.8 56586 Underwood 1,873 — $346,338
13.4 56537 Fergus Falls 19,856 $909 $247,459
14.0 56587 Vergas 1,339 — $397,433
14.7 56576 Richville 820 — $408,771
15.6 56579 Rothsay 1,050 — $268,747
18.7 56515 Battle Lake 2,723 — $435,164

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