ZIP 56742

ZIP 56742 is in the Grand Forks, ND-MN market. Market numbers below; the ZIP's rank is on the map.

Median cap rate

: 2.5%.

Median IRR

: 1.0%.

Median list price

: $399,900.

Appreciation

: 3.3%/yr .

Rent growth

: 3.0%/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.