55960 — Wabasha County, Minnesota Market Snapshot
Housing market data for zip code 55960 in Wabasha County, Minnesota. Updated monthly with median prices, days on market, and more.
Market Sales Data
11 sales in 2026 (year to date)
Median Sale Price
$545,000
Days to Sell
39
Homes Sold
11
Inventory
11
Sale-to-List
99.4%
New Listings
15
Price/SqFt
$214
Pending Sales
13
Conforming Loan Available
Most homebuyers in 55960 can comfortably use conventional financing. The median home price of $545,000 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
55960's market is balanced with homes taking an average of 39 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 55960 (99.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 55960 can comfortably use conventional financing. The median home price of $545,000 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 55960 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 55960
To purchase the median home at $545,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,326.
Monthly Payment
$4,326
Income Required
$185,384
Principal & Interest
$3,358/mo
Down Payment (5%)
$27,250
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 55960.
Estimated Monthly Payment
$3,523
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 55960. Tell us what you're looking for.