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Home values, rents and more in ZIP code 56085 (Sleepy Eye, MN)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$264,000
Metro: $247,000 · U.S.: $366,000
Home values, past year
+9.0%
Metro: +7.2% · U.S.: +1.2%
Population
5,047
ACS 2020–24
Median household income
$73,000
Metro: $69,378 · U.S.: $80,734
ZIP codes around 56085, shaded by typical home value5608556073562835608756081560625533255335553965626656019560835615956041
  • Under $180k
  • $180k–$200k
  • $200k–$240k
  • $240k–$290k
  • $290k+
  • No data
ZIP codes around 56085, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 56085 is outlined.

How 56085 compares

The typical home in ZIP code 56085 (Sleepy Eye, MN) is worth about $264,000, according to the Zillow Home Value Index for September 2026. Home values in 56085 are 7% above the typical value in the New Ulm metro area ($247,000) and 28% below the U.S. typical value ($366,000).

Over the past year, home values in 56085 rose 9.0%, compared with +7.2% in the New Ulm metro area and +1.2% nationally.

The median household income is $73,000, against $69,378 in the New Ulm metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 5,047 people live in 56085 (American Community Survey 2020–24).

56085 has the 3rd-highest typical home value of the 5 ZIP codes in the New Ulm metro area and the 265th-lowest of 716 in Minnesota with Zillow figures.

Part of: Sleepy Eye, MN · Brown County, MN · New Ulm metro area · Minnesota

More for 56085 in ProMap Plus

These measures are on the map for subscribers. Open ProMap to see them for 56085 and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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