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3-digit ZIP regional index

Home appreciation in ZIP codes 560xxMankato, MN area

FHFA HPI® data shows the regional home price index for ZIP codes beginning with 560 changed +3.0% over the year to Q2 2026, compared with +3.0% for Minnesota and +3.0% for the United States.

The region covers ZIP codes 56001–56098. Most of its 2010 population lived in Blue Earth County (25%), Nicollet County (12%), Freeborn County (12%). Communities in the region include Albert Lea, New Ulm, North Mankato, St. Peter, Fairmont. This is a regional index, not a ZIP5, street, or individual-home estimate.

1-year change
+3.0%

Year to Q2 2026

5-year change
+35.4%

vs U.S. +41.3%

Since Q1 1995
+249%

vs U.S. +292%

National rank (1 year)
547th

of 882 ZIP3 regions

ZIP3 560 vs Minnesota and the U.S.

FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026

1002003004001995200020052010201520202025
  • ZIP3 560: 348.9
  • Minnesota: 375.3
  • Mankato, MN metro: 332.6
  • United States: 391.6

Want a different starting year? Rebase this chart or compare with another ZIP3.

Appreciation by time window

Percent change in the regional index to Q2 2026; gaps are percentage points
WindowZIP3 560MNU.S.Gap vs MNGap vs U.S.
1 year+3.0%+3.0%+3.0%+0.0 pts−0.0 pts
3 years+11.6%+10.3%+12.9%+1.3 pts−1.2 pts
5 years+35.4%+31.2%+41.3%+4.2 pts−5.9 pts
10 years+78.3%+76.2%+93.3%+2.1 pts−15.1 pts
Since Q1 1995+249%+275%+292%−26.4 pts−42.7 pts

If you bought in ZIP3 560 in…

Applying the regional index change from the same quarter of each year to Q2 2026 to an example $300,000 purchase price. Individual homes can differ widely from the regional average.

Bought inIndex change$300,000 then, at the regional rate
Q2 1995+234%$1,001,062
Q2 2000+157%$772,235
Q2 2005+83.2%$549,604
Q2 2010+96.3%$588,976
Q2 2015+82.6%$547,791
Q2 2020+49.7%$449,150
Q2 2021+35.4%$406,151
Q2 2023+11.6%$334,894
Q2 2025+3.0%$309,063

How ZIP3 560 ranks

Over the past year ZIP3 560 ranks 547th of 882 3-digit ZIP regions nationally and 10th of 16 in Minnesota. Its one-year change is −0.0 pts versus the nation and +0.0 pts versus Minnesota. Rank 1 is the strongest appreciation.

WindowNational rankRank in Minnesota
1 year547th of 88210th of 16
3 years653rd of 88211th of 16
5 years715th of 88212th of 16
10 years621st of 88211th of 16
Since Q1 1995500th of 87916th of 16

Boom, bust, and recovery in ZIP3 560

ZIP3 560's index peaked in Q1 2007, fell 16.6% to its low in Q2 2011, and regained its peak in Q2 2017, about 10.2 years after the top. Today it sits +71.8% versus that 2000s peak. How every state and ZIP region fared

Area2000s peakLow pointPeak to lowBack to peakToday vs peak
ZIP3 560Q1 2007Q2 2011-16.6%Q2 2017 (10.2 yrs)+71.8%
MNQ1 2007Q2 2012-21.8%Q3 2017 (10.5 yrs)+65.5%
MetroQ1 2007Q2 2011-14.2%Q3 2016 (9.5 yrs)+69.2%
U.S.Q1 2007Q2 2012-19.0%Q4 2016 (9.8 yrs)+89.3%

Appreciation after inflation

Adjusting for consumer price inflation, ZIP3 560's index has changed +57.6% in real terms since Q1 1995. Home prices vs inflation

WindowInflation (CPI-U)ZIP3 560 after inflationMN after inflationMetro after inflationU.S. after inflation
1 year+3.9%-0.8%-0.9%-2.6%-0.8%
3 years+9.8%+1.7%+0.5%-1.5%+2.8%
5 years+24.0%+9.2%+5.8%+5.5%+13.9%
10 years+39.1%+28.2%+26.7%+22.5%+39.0%
Since Q1 1995+121%+57.6%+69.5%+50.2%+76.8%

Estimate appreciation for a home in ZIP3 560

Estimate regional appreciation

Regional estimate

$534,776

Estimated gain
$234,776
Index change
+78.26%
Start index
195.71
End index
348.87

ZIP3 560 (Mankato, MN area), Q2 2016 to Q2 2026. Index type: Native 3-Digit ZIP index.

About this estimate. This calculator is an independent tool that applies the publicly available FHFA House Price Index® (FHFA HPI®) to a value you enter. The FHFA HPI® is a 3-digit ZIP (regional) index that measures average price movement across a broad area - it is not specific to any individual property, and the result is not an appraisal, tax assessment, lender valuation, or guaranteed market value. zipappreciation.com is not affiliated with or endorsed by the FHFA. Source: Federal Housing Finance Agency, FHFA HPI® (fhfa.gov).

Nearby 3-digit ZIP regions

3-digit ZIP regionState1 year5 yearsSince Q1 1995
553 · Maple Grove, MN areaMN+2.8%+30.1%+254%
554 · Minneapolis, MN areaMN+2.1%+23.7%+296%
550 · Lakeville, MN areaMN+1.8%+29.3%+251%
551 · St. Paul, MN areaMN+2.7%+25.5%+260%
504 · Mason City, IA areaIA+5.2%+37.4%+242%
513 · Spencer, IA areaIA+3.1%+39.6%+239%

Recent quarterly index values

FHFA HPI® values for ZIP3 560 (original FHFA base, Q1 1995 = 100). Index type: Native 3-Digit ZIP index.
PeriodIndex
Q2 2026348.87
Q1 2026344.80
Q4 2025345.29
Q3 2025343.36
Q2 2025338.64
Q1 2025329.47
Q4 2024336.93
Q3 2024328.19
Q2 2024322.30
Q1 2024313.52
Q4 2023314.62
Q3 2023318.21

Frequently asked questions

How much have home prices risen in ZIP codes starting with 560?
Based on FHFA HPI® data for 3-digit ZIP region 560, the regional index changed +3.0% over the year to Q2 2026, +35.4% over five years, +78.3% over ten years, and +249% since Q1 1995.
Is ZIP3 560 appreciating faster than Minnesota and the U.S.?
Over the past year the region's index +3.0% compares with +3.0% for Minnesota and +3.0% for the U.S., a gap of −0.0 pts versus the nation. Over five years the gap versus the nation is −5.9 pts.
Which ZIP codes are in 3-digit ZIP region 560?
All ZIP codes that begin with 560. Census 2010 ZIP Code Tabulation Areas in this region run from 56001 to 56098 (71 areas). FHFA publishes one index for the whole 3-digit region, not for each 5-digit ZIP code.
Can I use this to value my home?
No. The FHFA HPI® is a broad regional index of average price movement. It is not an appraisal, tax assessment, or automated valuation of any individual property. Use it as general context alongside local sales and a professional opinion.