ZIP 56554

ZIP 56554 is in the Detroit Lakes, MN market. Market numbers below; the ZIP's rank is on the map.

Median cap rate

: 1.8%.

Median IRR

: 0.8%.

Median list price

: $439,900.

Appreciation

: 3.8%/yr .

Rent growth

: 3.2%/yr .

Sources: FHFA House Price Index® (developmental annual index), U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public listings under system-default underwriting, updated September 2026.