55947 — Houston County, Minnesota Market Snapshot
Housing market data for zip code 55947 in Houston County, Minnesota. Updated monthly with median prices, days on market, and more.
Market Sales Data
15 sales in 2026 (year to date)
Median Sale Price
$302,000
Days to Sell
22
Homes Sold
15
Inventory
11
Sale-to-List
102.4%
New Listings
18
Price/SqFt
$178
Pending Sales
16
Conforming Loan Available
Most homebuyers in 55947 can comfortably use conventional financing. The median home price of $302,000 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 55947 are moving quickly at 22 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes in 55947 are selling 2.4% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
Most homebuyers in 55947 can comfortably use conventional financing. The median home price of $302,000 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 55947 are set at the county level.
2026 Loan Limits — Houston 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 55947
To purchase the median home at $302,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,464.
Monthly Payment
$2,464
Income Required
$105,593
Principal & Interest
$1,861/mo
Down Payment (5%)
$15,100
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 55947.
Estimated Monthly Payment
$2,019
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