55053 — Nerstrand, MN Home Values
Typical home value $438,907 as of June 2026 · 1st of 8 in Faribault-Northfield, MN
Blue: typical home value (Zillow ZHVI) in ZIP code 55053, June 2021 to June 2026. This page shows observed data only; no forecast.
How 55053 compares in the Faribault-Northfield, MN area
ZIP code 55053 (Nerstrand, MN) has a typical home value of $438,907 as of June 2026, ranking 1st of 8 ZIP codes tracked in the Faribault-Northfield, MN area, the most expensive ZIP code in the metro. Prices here have moved +4.6% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +28.1%, from $342,602 in June 2021 to $438,907 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Faribault-Northfield, MN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Faribault.
Population and demographics
ZIP code 55053 has a population of 995, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 91.2% White, 6.1% Hispanic or Latino, 1.6% two or more races, 0.8% another race, and 0.3% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| NERSTRAND CHARTER SCHOOL | 205 S 2ND ST, NERSTRAND, MN | 0.7 mi |
| KENYON-WANAMINGO MIDDLE | 400 6TH ST, KENYON, MN | 6.7 mi |
| KENYON-WANAMINGO SENIOR HIGH | 400 6TH ST, KENYON, MN | 6.7 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 55053?
$438,907 as of June 2026, the latest month Zillow has published observed data for.
Is 55053 an expensive ZIP code in the Faribault-Northfield, MN area?
55053 ranks 1st of 8 ZIP codes in the Faribault-Northfield, MN area by typical home value, the most expensive ZIP code in the metro.
How much have home values in 55053 changed over the past year?
+4.6% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 55053?
995, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 55053?
NERSTRAND CHARTER SCHOOL (0.7 mi), KENYON-WANAMINGO MIDDLE (6.7 mi), KENYON-WANAMINGO SENIOR HIGH (6.7 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 55053?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Faribault-Northfield, MN forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.