55041 — Wabasha County, Minnesota Market Snapshot

Housing market data for zip code 55041 in Wabasha County, Minnesota. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

14 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$265,000

-30.7% YoYClosed sales

Days to Sell

16

Median, listing to close

Homes Sold

14

Closed in 2026

Inventory

23

Sale-to-List

96.9%

New Listings

37

Price/SqFt

$152

Pending Sales

22

Conforming Loan Available

Most homebuyers in 55041 can comfortably use conventional financing. The median home price of $265,000 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 55041 are moving quickly at 16 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Sale-to-List Ratio

The average home in 55041 sells for 3.1% below asking price (96.9% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 55041 can comfortably use conventional financing. The median home price of $265,000 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 55041 are set at the county level.

2026 Loan Limits — Wabasha 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 55041

To purchase the median home at $265,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,180.

Monthly Payment

$2,180

Income Required

$93,444

Principal & Interest

$1,633/mo

Down Payment (5%)

$13,250

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 55041.

%
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Estimated Monthly Payment

$1,790

Principal & Interest$1,375
Property Tax$265
Insurance$150
Loan Amount$212,000
Total Interest$283,011
Income Required$76,716/yr

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