ZIP Code Market Report
56350 — McGrath, MN
Data through February 2026 · Updated monthly
Avg Home Value
$191,487
▲ 2.9% year-over-year
Month-over-Month
-1.0%
▼ 1.0%
Single Family
$190,234
Condo / Co-op
--
The average home value in the 56350 ZIP code (McGrath, MINNESOTA) is $191,487 as of February 2026. Home prices are rising, up 2.9% compared to last year.
This report is part of the Aitkin County market area in MINNESOTA. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Aitkin County report.
Free Home Value Estimate
What's your home worth in 56350 (McGrath)?
Get a free estimate based on recent sales and market data in your neighborhood. See how your home compares.
Free · Takes 30 seconds · Based on real sale data
Market Snapshot
56350 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $193,751 | $193,440 | $191,487 | ▼ 1.2% |
| Single Family Value | $187,884 | $189,382 | $190,234 | ▲ 1.3% |
Home Values
56350 Home Value Trend
Historical home values for ZIP code 56350. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
Property Types
Home Values by Property Type in 56350
How different property types compare in this ZIP code.
All Homes
$191,487
Single Family
$190,234
Top Tier
$292,455
Data Sources and Methodology
Home value data for ZIP code 56350 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
Investing in McGrath?
Run your ARV and MAO instantly with live market data