56377 — Benton County, Minnesota Market Snapshot
Housing market data for zip code 56377 in Benton County, Minnesota. Updated monthly with median prices, days on market, and more.
Market Sales Data
62 sales in 2026 (year to date)
Median Sale Price
$332,500
Days to Sell
24
Homes Sold
62
Inventory
65
Sale-to-List
99.0%
New Listings
104
Price/SqFt
$167
Pending Sales
82
Conforming Loan Available
Most homebuyers in 56377 can comfortably use conventional financing. The median home price of $332,500 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
Homes in 56377 are moving quickly at 24 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 56377 (99.0% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 56377 can comfortably use conventional financing. The median home price of $332,500 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 56377 are set at the county level.
2026 Loan Limits — Benton 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 56377
To purchase the median home at $332,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,698.
Monthly Payment
$2,698
Income Required
$115,608
Principal & Interest
$2,049/mo
Down Payment (5%)
$16,625
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 56377.
Estimated Monthly Payment
$2,208
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 56377. Tell us what you're looking for.