56308 — Alexandria, MN Home Values
Typical home value $368,187 as of June 2026 · 3rd of 11 in Alexandria, MN
Blue: typical home value (Zillow ZHVI) in ZIP code 56308, June 2021 to June 2026. This page shows observed data only; no forecast.
How 56308 compares in the Alexandria, MN area
ZIP code 56308 (Alexandria, MN) has a typical home value of $368,187 as of June 2026, ranking 3rd of 11 ZIP codes tracked in the Alexandria, MN area, more expensive than about 82% of ZIP codes in the metro. Prices here have moved +3.0% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +28.9%, from $285,676 in June 2021 to $368,187 in June 2026. Against observed rent, the typical home here sells for 24.3× the annual rent ($1,261/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Alexandria, MN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Alexandria.
Population and demographics
ZIP code 56308 has a population of 26,695, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 93.5% White, 2.6% Hispanic or Latino, 1.9% two or more races, 0.6% Asian, 0.5% Native Hawaiian or Pacific Islander, 0.4% Black or African American, 0.3% American Indian or Alaska Native, and 0.3% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Kalon Prep Academy | 1877 AGA DRIVE, ALEXANDRIA, MN | 0.6 mi |
| LINCOLN ELEMENTARY | 1120 LARK ST, ALEXANDRIA, MN | 0.8 mi |
| Lakes Country Academy - ALEX | 524 WILLOW DRIVE, ALEXANDRIA, MN | 1.3 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 56308?
$368,187 as of June 2026, the latest month Zillow has published observed data for.
Is 56308 an expensive ZIP code in the Alexandria, MN area?
56308 ranks 3rd of 11 ZIP codes in the Alexandria, MN area by typical home value, more expensive than about 82% of ZIP codes in the metro.
How much have home values in 56308 changed over the past year?
+3.0% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 56308?
The typical home price is 24.3× the observed annual rent in this ZIP code ($1,261/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 56308?
26,695, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 56308?
Kalon Prep Academy (0.6 mi), LINCOLN ELEMENTARY (0.8 mi), Lakes Country Academy - ALEX (1.3 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 56308?
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 Alexandria, 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.