Zip lookup · MN

56297
Wood Lake, Minnesota.

Wood Lake, Yellow Medicine County, MN · population 811

What it costs per month · 56297 $939/mo

to buy the typical home at today's mortgage rate — +$456 (+94%) since Jan 2020.

What the home itself did
1 year
Up $15,448 +9%
$163,530$178,977 since Sep 2025
5 years
Up $24,356 +16%
$154,621$178,977 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 56297 $939 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 56297$939
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 24 years.

Typical home values in zip 56297 rose 9.4% over the past year — faster than the nation's +1.2%.

This zip spans 2 counties: Yellow Medicine County, MN 94% · Redwood County, MN 6%

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

Typical home value $178,977 as of Sep 2026
+9.4%year on year

Typical home value — 56297

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 56297 $178,977 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 56297$178,977
  • 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 56237 Echo 553 — $188,277
7.5 56245 Hanley Falls 441 — $143,199
9.2 56229 Cottonwood 1,672 — $253,314
10.3 56292 Vesta 577 — $193,376
11.6 56241 Granite Falls 3,933 — $187,914
14.6 56285 Sacred Heart 983 — $175,361
16.2 56223 Clarkfield 1,351 — $153,507
16.8 56258 Marshall 15,888 — $246,999
19.6 56284 Renville 2,168 — $198,511

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