49040 — St. Joseph County, Michigan Market Snapshot
Housing market data for zip code 49040 in St. Joseph County, Michigan. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 4 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the St. Joseph County county page for broader data.
Market Sales Data
4 sales in 2026 (year to date)
Median Sale Price
$153,000
Days to Sell
12
Homes Sold
4
Inventory
19
Conforming Loan Available
Most homebuyers in 49040 can comfortably use conventional financing. The median home price of $153,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
49040 is an extremely competitive market with homes selling in just 12 days on average. Buyers need pre-approval letters ready before making offers.
Conforming Loan Feasibility
Most homebuyers in 49040 can comfortably use conventional financing. The median home price of $153,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 49040 are set at the county level.
2026 Loan Limits — St. Joseph County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 49040
To purchase the median home at $153,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,322.
Monthly Payment
$1,322
Income Required
$56,667
Principal & Interest
$943/mo
Down Payment (5%)
$7,650
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 49040.
Estimated Monthly Payment
$1,097
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