Tim Carrels Construction

Construction company in Wabasha, MN 55981

About this company

Tim Carrels Construction is listed as a construction company based in Wabasha, Minnesota, in Wabasha County. Federal motor carrier records list 1 drivers and 1 trucks for the company. It is one of 2 general contractors in ZIP 55981.

Fleet size

Drivers1

Trucks1

Last federal filing: Apr 2023. Source: FMCSA.

Moderate market, open fieldArea profitability for construction in ZIP 55981

Housing demand48

Sales pace, new listings and new construction. Source: Zillow

Customer spending power55

Household income and home values

Room for another contractor70

Less crowded than 70% of US ZIPs

Scored against every US ZIP. An index of local conditions, not this company's results.

County context

One of 31 general contractors in Wabasha County, MN.

9 concrete and masonry companies in Wabasha County, MN.

All 71 construction companies in Wabasha County, MN.

ZIP 55981 at a glance

Population: 3,955 (30 per sq mi)
Median age: 56
Households: Median income $71,607 · 39% earn six figures
Housing: 78% owner-occupied
Workforce: 52% labor-force participation · 1.1% unemployment

ZIP figures are US Census estimates for the ZIP area, not the company.

Housing market around ZIP 55981

Figures describe the local area, not this company.

Typical home value$292,000+6.0% past year · +74% in 10 years

12-month value outlook+3.4%

Days to sale agreement29Rochester metro · 23 a year ago

New homes permitted, 202551Wabasha County

Listings with a price cut30.2%Rochester metro

Sale price vs list99.4%Rochester metro

New construction sales25Rochester metro, Aug · +19% from last year

Source: Zillow (home values, rent, outlook and metro sales), data through Sep 2026. Permits: U.S. Census Bureau.

Typical home value, last 10 years

Source: Zillow Home Value Index, Sep 2026.

Local building angle: Wabasha County permitted 51 new homes in 2025. 21% of the homes in this ZIP were built since 2000.

Local figures are estimates from public records and Zillow housing data, updated regularly.