55437 — Hennepin County, Minnesota Market Snapshot
Housing market data for zip code 55437 in Hennepin County, Minnesota. Updated monthly with median prices, days on market, and more.
Market Sales Data
48 sales in 2026 (year to date)
Median Sale Price
$432,250
Days to Sell
17
Homes Sold
48
Inventory
16
Sale-to-List
102.5%
New Listings
56
Price/SqFt
$211
Pending Sales
57
Conforming Loan Available
Most homebuyers in 55437 can comfortably use conventional financing. The median home price of $432,250 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 55437 are moving quickly at 17 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes in 55437 are selling 2.5% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
Most homebuyers in 55437 can comfortably use conventional financing. The median home price of $432,250 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 55437 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 55437
To purchase the median home at $432,250 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,462.
Monthly Payment
$3,462
Income Required
$148,361
Principal & Interest
$2,663/mo
Down Payment (5%)
$21,613
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 55437.
Estimated Monthly Payment
$2,825
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 55437. Tell us what you're looking for.