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Farwell city, MN

ZIP 56327 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 56327

Median Home Value
$352,600
Median Rent
N/A
Affordability Snapshot
$97,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,265/mo PITI).

4.4x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

To comfortably buy a median-priced home in ZIP 56327 in Farwell city, MN, a household would need roughly $97,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,265. That is about 22% above the local median household income ($79,643), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 34% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
98.9%+51% vs US avg
x
Vacancy Rate
33.6%+226% vs US avg
x
Broadband Access
89.7%+3% vs US avg
x
4+ Bedrooms
12.2%-18% vs US avg
x
Built Pre-1939
4.2%-67% vs US avg
x
Built Post-2014
1.1%-84% vs US avg
x
Rent Burden >30%
0.0%
x
Mortgage-Free
42.1%+10% vs US avg
x
$352,600
Home Value
N/A
Rent
1986
Year Built
2007
Moved In

Residents have lived here since ~2007 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached93.5%
  • 1-unit attached0.0%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other6.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$352,600
Median rent$-666,666,666
Owner-occupied98.9%
Vacant33.6%
Price-to-income4.4x
Est. income to buy$97,000