Zip lookup · MN

56742
Oklee, Minnesota.

Oklee, Red Lake County, MN · population 744

What it costs per month · 56742 $964/mo

to buy the typical home at today's mortgage rate — +$463 (+92%) since Jan 2020.

What the home itself did
1 year
Up $8,679 +5%
$174,933$183,612 since Sep 2025
5 years
Up $19,264 +12%
$164,348$183,612 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 56742 $964 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 56742$964
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 31 years.

Typical home values in zip 56742 rose 5.0% over the past year — faster than the nation's +1.2%.

This zip spans 3 counties: Red Lake County, MN 69% · Pennington County, MN 27% · Polk County, MN 4%

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

Typical home value $183,612 as of Sep 2026
+5.0%year on year

Typical home value — 56742

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2019 2020 2021 2022 2023 2024 2025 2026 56742 $183,612 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 56742$183,612
  • United States$366,157

Within 20 miles

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