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Plummer 56748

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Minnesota
$135K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
1
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$127K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Oct 2024 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
2020202220232024
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
2020202220232024
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
2020202220232024
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
2020202220232024
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
2020202220232024

Housing Stock

HomesHow many homes we have records for in this area.202
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$127K
Median sizeThe middle home size here, measured in square feet.1,524 ft²
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1968
Single familyThe share of homes here that are single-family houses.86%

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.40%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.0%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.80%
Company ownedThe share of homes owned by a company or trust instead of a person.5.0%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.61%
Typical ownership tenureHow long the typical owner here has held their home.126.6 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.87
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.91
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.13

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.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.13%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.6%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.7%
PopulationHow many people live in this area.640
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.6 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$92K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$112K
Average tempThe average temperature here across a full year.39°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.59%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all ZIP codes nationally.

How Plummer 56748 compares

By median home value, Plummer 56748 is the 3rd most expensive of 4 ZIP codes in Red Lake County, and its typical home is worth more than 43% of all homes in Red Lake County.

Home values in Plummer 56748

Share of homes at each estimated value.

Median
$50K$295K
ZIP codes in Red Lake County ranked by median home value
#Red Lake CountyMedian valueHomes
1Brooks 56715$222K141
2Red Lake Falls 56750$177K880
3Plummer 56748$127K202
4Oklee 56742$101K316

About the Plummer 56748 market

What is the median home price in Plummer 56748, MN?

The median sale price in Plummer 56748, MN is $135,000 (data through October 2024), based on deeds recorded with the county.

How many homes sell in Plummer 56748, MN each year?

1 homes sold in Plummer 56748, MN over the last 12 months (data through October 2024). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Plummer 56748, MN?

Plummer 56748, MN contains 202 residential properties, with a median of 1,524 square feet, built around 1968. The median TopHap Estimate is $127K.

How does Plummer 56748, MN compare to the rest of Red Lake County?

By median home value, Plummer 56748, MN is the 3rd most expensive of 4 ZIP codes in Red Lake County. Its typical home is worth more than 43% of all homes in Red Lake County. Red Lake Falls 56750 ranks just above it and Oklee 56742 just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Plummer 56748, MN?

80% of homes in Plummer 56748, MN are owner-occupied. 5% are held by a company rather than an individual.

How much equity do owners in Plummer 56748, MN hold?

40% of mortgaged homes in Plummer 56748, MN are equity-rich, meaning the loan balance is under half the home's value. 0.0% owe more than the home is worth.

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