56465, Merrifield, MN Housing Market

ZIP code 56465's median home value is $457K, up 8.3% over the past year. Homes here sell in a median 53 days. Its PropertyIQ Score of 61 sits well above the state average of 50, marking a market positioned to outperform its state over the next three years.

56465, Merrifield, MN is one of nearly 20,000 U.S. ZIP codes that PropertyIQ analyzes with AI-powered demand signal scoring. ZIP-level analysis provides the most hyperlocal view of housing market dynamics available, measuring how demand within 56465 compares to the MN state average and identifying outperformance potential before it appears in price data.

Midwestern ZIP codes frequently offer entry prices far below national medians, but performance varies dramatically even within the same city. PropertyIQ scores individual ZIP codes to identify which neighborhoods show the demand signals — fast sales, rising price momentum, few price cuts — that predict near-term appreciation. Within the Midwest, ZIP code 56465's PropertyIQ Score of 61 ranks among the Midwest's stronger demand signals.

PropertyIQ distills four housing signals into a single 1 to 99 score for 56465, Merrifield, MN at the most granular geography available: Zillow twelve-month and three-month home-value momentum, Realtor.com median days on market, and the Realtor.com price-reduced share. It is not a generic market-health grade; it is a validated predictor of which ZIP codes are positioned to outperform their state. The ZIP-level view often tells a different story than the broader county or metro score.

View 56465, Merrifield, MN's PropertyIQ Score and compare it against other ZIP codes in the state. Generate a free AI market report for this ZIP code or explore historical trends on the interactive map to understand how this micro-market has evolved.