The story of this market
The typical home in ZIP 56174 sells for about $73,449, or $49 per square foot.
Homes take about 159 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $928 a month.
ZIP 56174 — Storden
The housing market in 56174 is characterized by very low inventory and low price points compared to national averages. Sales volume is minimal, and the market remains stable with little price volatility. Data for specific metrics like active price cuts and detailed tax history is not published at the ZIP level.
This ZIP is best suited for those seeking affordable, rural housing in a quiet, small-town setting, primarily appealing to local workers or those looking for low-cost living.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 159 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.0% · poverty 8.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 56174, Cottonwood County MN
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Minnesota) — Condominium Unit Taxation: Each unit constitutes a separate parcel for tax purposes. If a declaration is recorded at least 30 days before a tax installment is due, the taxing authority must split the taxes among the units. State (Minnesota) — Minnesota General Property Tax Classification System: Property tax is calculated by applying a class rate to the parcel's estimated market value to determine tax capacity, then multiplying by the local tax rate. For residential homesteads (Class 1a), the rate is 1.00% for the first $500,000 of market value and 1.
Residents primarily rely on personal vehicles for commuting, with typical rural drive times to regional employment centers.
The area features rural outdoor access typical of southwestern Minnesota, with limited local commercial amenities and parks within the immediate vicinity.
The rental market is limited with low inventory; fair market rent for a two-bedroom unit is $1,180 as of 2027.
The local economy is primarily driven by agriculture and small-scale local services within Cottonwood County.
Transportation is entirely dependent on regional highway networks with no public transit infrastructure.
Cottonwood County Assessor manages property valuations for tax purposes.
Parcels are subject to local school district levies and county-wide service assessments.
Data retrieved from Census Reporter and AtlasBig profiles for ZCTA 56174.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
Local community green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.