56368 — Stearns County, Minnesota Market Snapshot
Housing market data for zip code 56368 in Stearns County, Minnesota. Updated monthly with median prices, days on market, and more.
Market Sales Data
14 sales in 2026 (year to date)
Median Sale Price
$344,126
Days to Sell
26
Homes Sold
14
Inventory
25
Sale-to-List
98.2%
New Listings
36
Price/SqFt
$247
Pending Sales
22
Conforming Loan Available
Most homebuyers in 56368 can comfortably use conventional financing. The median home price of $344,126 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 56368 are moving quickly at 26 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 56368 (98.2% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 56368 can comfortably use conventional financing. The median home price of $344,126 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 56368 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 56368
To purchase the median home at $344,126 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,787.
Monthly Payment
$2,787
Income Required
$119,425
Principal & Interest
$2,120/mo
Down Payment (5%)
$17,206
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 56368.
Estimated Monthly Payment
$2,280
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