56301 — Stearns County, Minnesota Market Snapshot
Housing market data for zip code 56301 in Stearns County, Minnesota. Updated monthly with median prices, days on market, and more.
Market Sales Data
83 sales in 2026 (year to date)
Median Sale Price
$335,700
Days to Sell
37
Homes Sold
83
Inventory
83
Sale-to-List
99.1%
New Listings
140
Price/SqFt
$146
Pending Sales
106
Conforming Loan Available
Most homebuyers in 56301 can comfortably use conventional financing. The median home price of $335,700 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
56301's market is balanced with homes taking an average of 37 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 56301 (99.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 56301 can comfortably use conventional financing. The median home price of $335,700 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 56301 are set at the county level.
2026 Loan Limits — Stearns 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 56301
To purchase the median home at $335,700 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,722.
Monthly Payment
$2,722
Income Required
$116,658
Principal & Interest
$2,068/mo
Down Payment (5%)
$16,785
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 56301.
Estimated Monthly Payment
$2,228
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