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Norcross 56274

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Minnesota
$129K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Housing Stock

HomesHow many homes we have records for in this area.100
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$129K
Median sizeThe middle home size here, measured in square feet.1,248 ft²
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1952
Single familyThe share of homes here that are single-family houses.81%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.0%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.33%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.69%
Company ownedThe share of homes owned by a company or trust instead of a person.19%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.121%
Typical ownership tenureHow long the typical owner here has held their home.23.4 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.122
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.89
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.26

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.84%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.21%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.2%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.267
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$83K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$108K
Average tempThe average temperature here across a full year.43°F
Annual precipHow much rain and melted snow falls here in a typical year.23 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

How Norcross 56274 compares

By median home value, Norcross 56274 is the 7th most expensive of 7 ZIP codes in Grant County, and its typical home is worth more than 36% of all homes in Grant County.

Home values in Norcross 56274

Share of homes at each estimated value.

Median
$48K$426K
ZIP codes in Grant County ranked by median home value
#Grant CountyMedian valueHomes
1Ashby 56309$231K802
2Barrett 56311$187K355
3Hoffman 56339$167K562
4Elbow Lake 56531$153K944
5Wendell 56590$152K193
6Herman 56248$134K355
7Norcross 56274$129K100

About the Norcross 56274 market

How many homes are there in Norcross 56274, MN?

Norcross 56274, MN contains 100 residential properties, with a median of 1,248 square feet, built around 1952. The median TopHap Estimate is $129K.

How does Norcross 56274, MN compare to the rest of Grant County?

By median home value, Norcross 56274, MN is the 7th most expensive of 7 ZIP codes in Grant County. Its typical home is worth more than 36% of all homes in Grant County. Herman 56248 ranks just above it. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Norcross 56274, MN?

69% of homes in Norcross 56274, MN are owner-occupied. 19% are held by a company rather than an individual.

How much equity do owners in Norcross 56274, MN hold?

0% of mortgaged homes in Norcross 56274, MN are equity-rich, meaning the loan balance is under half the home's value. 33.3% owe more than the home is worth.

Nearby markets

Browse addresses

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Explore Norcross 56274 on the map

See every recorded sale, price heat map, school zone and flood overlay across Norcross 56274 in TopHap’s interactive 3D map.

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A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
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