55016 — Washington County, Minnesota Market Snapshot
Housing market data for zip code 55016 in Washington County, Minnesota. Updated monthly with median prices, days on market, and more.
Market Sales Data
32 sales in 2026 (year to date)
Median Sale Price
$317,500
Days to Sell
36
Homes Sold
32
Inventory
23
Sale-to-List
99.0%
New Listings
45
Price/SqFt
$195
Pending Sales
45
Conforming Loan Available
Most homebuyers in 55016 can comfortably use conventional financing. The median home price of $317,500 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
55016's market is balanced with homes taking an average of 36 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 55016 (99.0% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 55016 can comfortably use conventional financing. The median home price of $317,500 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 55016 are set at the county level.
2026 Loan Limits — Washington County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $552,000 |
| 2 Units | $1,066,250 | $706,650 |
| 3 Units | $1,288,800 | $854,200 |
| 4 Units | $1,601,750 | $1,061,550 |
Affordability Snapshot — Zip 55016
To purchase the median home at $317,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,583.
Monthly Payment
$2,583
Income Required
$110,682
Principal & Interest
$1,956/mo
Down Payment (5%)
$15,875
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 55016.
Estimated Monthly Payment
$2,115
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