56245
Hanley Falls, Minnesota.
Hanley Falls, Yellow Medicine County, MN · population 441
to buy the typical home at today's mortgage rate — +$359 (+91%) since Feb 2021.
- 1 year
- Up $6,733 +5%
- $136,466$143,199 since Sep 2025
- 5 years
- Up $15,473 +12%
- $127,726$143,199 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.
- 56245$752
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 30 years.
Typical home values in zip 56245 rose 4.9% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Hanley Falls, MN — measured over the city limits, which is a different area from this zip.
Typical home value — 56245
Mid-tier homes, smoothed and seasonally adjusted.
- 56245$143,199
- 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 | 56229 | Cottonwood | 1,672 | — | $253,314 |
| 7.5 | 56297 | Wood Lake | 811 | — | $178,977 |
| 8.8 | 56223 | Clarkfield | 1,351 | — | $153,507 |
| 9.0 | 56241 | Granite Falls | 3,933 | — | $187,914 |
| 12.7 | 56237 | Echo | 553 | — | $188,277 |
| 16.8 | 56264 | Minneota | 2,277 | — | $205,959 |
| 17.1 | 56292 | Vesta | 577 | — | $193,376 |
| 17.3 | 56258 | Marshall | 15,888 | — | $246,999 |
| 17.6 | 56285 | Sacred Heart | 983 | — | $175,361 |
| 19.8 | 56291 | Taunton | 397 | — | $259,437 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.