55313 — Hennepin County, Minnesota Market Snapshot
Housing market data for zip code 55313 in Hennepin County, Minnesota. Updated monthly with median prices, days on market, and more.
Market Sales Data
60 sales in 2026 (year to date)
Median Sale Price
$366,350
Days to Sell
28
Homes Sold
60
Inventory
62
Sale-to-List
100.0%
New Listings
117
Price/SqFt
$177
Pending Sales
85
Conforming Loan Available
Most homebuyers in 55313 can comfortably use conventional financing. The median home price of $366,350 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 55313 are moving quickly at 28 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 55313 (100.0% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 55313 can comfortably use conventional financing. The median home price of $366,350 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 55313 are set at the county level.
2026 Loan Limits — Hennepin 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 55313
To purchase the median home at $366,350 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,957.
Monthly Payment
$2,957
Income Required
$126,722
Principal & Interest
$2,257/mo
Down Payment (5%)
$18,318
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 55313.
Estimated Monthly Payment
$2,417
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