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%
- 5-year change
- +35.4%
- Since Q1 1995
- +249%
- National rank (1 year)
- 547th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
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
- 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
| Window | ZIP3 560 | MN | U.S. | Gap vs MN | Gap 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 in | Index 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.
| Window | National rank | Rank in Minnesota |
|---|---|---|
| 1 year | 547th of 882 | 10th of 16 |
| 3 years | 653rd of 882 | 11th of 16 |
| 5 years | 715th of 882 | 12th of 16 |
| 10 years | 621st of 882 | 11th of 16 |
| Since Q1 1995 | 500th of 879 | 16th 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
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| ZIP3 560 | Q1 2007 | Q2 2011 | -16.6% | Q2 2017 (10.2 yrs) | +71.8% |
| MN | Q1 2007 | Q2 2012 | -21.8% | Q3 2017 (10.5 yrs) | +65.5% |
| Metro | Q1 2007 | Q2 2011 | -14.2% | Q3 2016 (9.5 yrs) | +69.2% |
| U.S. | Q1 2007 | Q2 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
| Window | Inflation (CPI-U) | ZIP3 560 after inflation | MN after inflation | Metro after inflation | U.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
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.
Nearby 3-digit ZIP regions
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 |
|---|---|---|---|---|
| 553 · Maple Grove, MN area | MN | +2.8% | +30.1% | +254% |
| 554 · Minneapolis, MN area | MN | +2.1% | +23.7% | +296% |
| 550 · Lakeville, MN area | MN | +1.8% | +29.3% | +251% |
| 551 · St. Paul, MN area | MN | +2.7% | +25.5% | +260% |
| 504 · Mason City, IA area | IA | +5.2% | +37.4% | +242% |
| 513 · Spencer, IA area | IA | +3.1% | +39.6% | +239% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 348.87 |
| Q1 2026 | 344.80 |
| Q4 2025 | 345.29 |
| Q3 2025 | 343.36 |
| Q2 2025 | 338.64 |
| Q1 2025 | 329.47 |
| Q4 2024 | 336.93 |
| Q3 2024 | 328.19 |
| Q2 2024 | 322.30 |
| Q1 2024 | 313.52 |
| Q4 2023 | 314.62 |
| Q3 2023 | 318.21 |
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.