56442 — Crow Wing County, Minnesota Market Snapshot
Housing market data for zip code 56442 in Crow Wing County, Minnesota. Updated monthly with median prices, days on market, and more.
Market Sales Data
24 sales in 2026 (year to date)
Median Sale Price
$862,500
Days to Sell
43
Homes Sold
24
Inventory
45
Sale-to-List
97.7%
New Listings
59
Price/SqFt
$275
Pending Sales
30
Jumbo Loan Likely Needed
The median home in 56442 at $862,500 exceeds the 2026 conforming loan limit of $832,750 by $29,750. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
56442's market is balanced with homes taking an average of 43 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 56442 sells for 2.3% below asking price (97.7% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
The median home in 56442 at $862,500 exceeds the 2026 conforming loan limit of $832,750 by $29,750. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 56442 are set at the county level.
2026 Loan Limits — Crow Wing 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 56442
To purchase the median home at $862,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $6,758.
Monthly Payment
$6,758
Income Required
$289,637
Principal & Interest
$5,314/mo
Down Payment (5%)
$43,125
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 56442.
Estimated Monthly Payment
$5,488
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