56016 Housing Market

$213,467

2.1% 1-yr

The average 56016 home value is $213,467, up 2.1% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

56016 Key Takeaways

Typical Home Values: $213,467

1-year Value Change: +2.1%

(Data through October 31, 2025)

56016 Housing Market Overview

2.5%1-year Market Forecast(October 31, 2025)

--For sale inventory(October 31, 2025)

--New listings(October 31, 2025)

--Median sale to list ratio

--Median sale price(September 30, 2025)

--Median list price(October 31, 2025)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Zip Codes

NameMedian ZHVI
56035$214,317
56045$183,739
56007$175,059
56042$243,655
56026$299,024
56043$202,171
56032$129,440
56009$225,353
56072$265,537

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56016 Rental Market Trends

--Average rent in 56016

$1,949National average rent(October 31, 2025)

--Month-over-month change

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.