Zip lookup · MN

55932
Elgin, Minnesota.

Elgin, Wabasha County, MN · Rochester, MN metro · population 1,999

What it costs per month · 55932 $1,895/mo

to buy the typical home at today's mortgage rate — +$1,032 (+120%) since Jan 2020.

What the home itself did
1 year
Up $18,710 +5%
$342,318$361,028 since Sep 2025
5 years
Up $77,935 +28%
$283,093$361,028 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 55932 $1,895 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 55932$1,895
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 14 years.

Typical home values in zip 55932 rose 5.5% over the past year — faster than the nation's +1.2%.

This zip spans 2 counties: Olmsted County, MN 52% · Wabasha County, MN 48%

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

Typical home value $361,028 as of Sep 2026
+5.5%year on year

Typical home value — 55932

Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 55932 $361,028 Rochester $338,327 United States $366,157
$200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 55932$361,028
  • Rochester$338,327
  • 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
5.4 55906 Rochester 20,437 $1,542 $395,962
7.5 55964 Plainview 4,400 — $305,104
8.1 55957 Millville 748 — $422,738
9.4 55934 Eyota 3,466 — $361,228
10.2 55991 Zumbro Falls 1,394 — $445,675
10.8 55901 Rochester 58,495 $1,554 $325,408
11.6 55960 Oronoco 3,375 — $548,415
13.1 55904 Rochester 29,639 $1,647 $290,544
13.5 55929 Dover 1,383 — $357,995
15.1 55945 Kellogg 1,321 — $355,734
15.2 55956 Mazeppa 2,199 — $382,094
15.9 55972 Saint Charles 5,434 — $349,330
15.9 55902 Rochester 26,464 $1,668 $469,445
16.3 55910 Altura 1,171 — $306,421
17.8 55041 Lake City 7,510 — $323,426
18.1 55920 Byron 9,271 — $402,067
18.2 55963 Pine Island 5,244 — $380,546
18.9 55981 Wabasha 3,955 — $291,731

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