56120
Mountain Lake, Minnesota.
Mountain Lake, Watonwan County, MN · population 983
to buy the typical home at today's mortgage rate — +$702 (+224%) since Jan 2020.
- 1 year
- Up $9,557 +5%
- $183,786$193,343 since Sep 2025
- 5 years
- Up $64,564 +50%
- $128,779$193,343 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.
- 56120$1,015
- 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 56120 rose 5.2% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Mountain Lake, MN — measured over the city limits, which is a different area from this zip.
Typical home value — 56120
Mid-tier homes, smoothed and seasonally adjusted.
- 56120$193,343
- 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 |
|---|---|---|---|---|---|
| 7.3 | 56159 | Mountain Lake | 2,668 | — | $160,144 |
| 8.3 | 56081 | Saint James | 6,172 | — | $169,938 |
| 10.4 | 56162 | Ormsby | 313 | — | $255,595 |
| 11.7 | 56019 | Comfrey | 795 | — | $286,008 |
| 12.7 | 56176 | Trimont | 888 | — | $218,734 |
| 17.7 | 56060 | Lewisville | 400 | — | $169,789 |
| 18.1 | 56101 | Windom | 6,157 | — | $177,372 |
| 18.9 | 56041 | Hanska | 1,039 | — | $314,816 |
| 19.4 | 56088 | Truman | 2,071 | — | $212,350 |
| 19.7 | 56062 | Madelia | 3,234 | — | $205,588 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.