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Home values, rents and more in ZIP code 56542 (Fosston, MN)

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

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Typical home value
$226,000
Metro: $283,000 · U.S.: $366,000
Home values, past year
+6.6%
Metro: +7.3% · U.S.: +1.2%
Population
2,486
ACS 2020–24
Median household income
$59,706
Metro: $69,836 · U.S.: $80,734
ZIP codes around 56542, shaded by typical home value5654256621565575667656750565405654556634567365668456556565845664456535
  • Under $190k
  • $190k–$220k
  • $220k–$240k
  • $240k–$280k
  • $280k+
  • No data
ZIP codes around 56542, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 56542 is outlined.

How 56542 compares

The typical home in ZIP code 56542 (Fosston, MN) is worth about $226,000, according to the Zillow Home Value Index for September 2026. Home values in 56542 are 20% below the typical value in the Grand Forks metro area ($283,000) and 38% below the U.S. typical value ($366,000).

Over the past year, home values in 56542 rose 6.6%, compared with +7.3% in the Grand Forks metro area and +1.2% nationally.

The median household income is $59,706, against $69,836 in the Grand Forks metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 2,486 people live in 56542 (American Community Survey 2020–24).

56542 has the 6th-lowest typical home value of the 22 ZIP codes in the Grand Forks metro area and the 165th-lowest of 716 in Minnesota with Zillow figures.

Part of: Fosston, MN · Polk County, MN · Grand Forks metro area · Minnesota

More for 56542 in ProMap Plus

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  • 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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