55337 — Dakota County, Minnesota Market Snapshot

Housing market data for zip code 55337 in Dakota County, Minnesota. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

157 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$385,000

4.3% YoYClosed sales

Days to Sell

19

Median, listing to close

Homes Sold

157

Closed in 2026

Inventory

84

Sale-to-List

100.9%

New Listings

216

Price/SqFt

$175

Pending Sales

183

Conforming Loan Available

Most homebuyers in 55337 can comfortably use conventional financing. The median home price of $385,000 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

Homes in 55337 are moving quickly at 19 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Sale-to-List Ratio

Homes are selling very close to asking price in 55337 (100.9% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 55337 can comfortably use conventional financing. The median home price of $385,000 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 55337 are set at the county level.

2026 Loan Limits — Dakota County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$552,000
2 Units$1,066,250$706,650
3 Units$1,288,800$854,200
4 Units$1,601,750$1,061,550

Affordability Snapshot — Zip 55337

To purchase the median home at $385,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,100.

Monthly Payment

$3,100

Income Required

$132,846

Principal & Interest

$2,372/mo

Down Payment (5%)

$19,250

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 55337.

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Estimated Monthly Payment

$2,533

Principal & Interest$1,998
Property Tax$385
Insurance$150
Loan Amount$308,000
Total Interest$411,165
Income Required$108,543/yr

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