55983 — Goodhue County, Minnesota Market Snapshot
Housing market data for zip code 55983 in Goodhue County, Minnesota. Updated monthly with median prices, days on market, and more.
Market Sales Data
10 sales in 2026 (year to date)
Median Sale Price
$319,950
Days to Sell
27
Homes Sold
10
Inventory
4
Sale-to-List
100.3%
New Listings
3
Price/SqFt
$199
Pending Sales
8
Conforming Loan Available
Most homebuyers in 55983 can comfortably use conventional financing. The median home price of $319,950 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 55983 are moving quickly at 27 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 55983 (100.3% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 55983 can comfortably use conventional financing. The median home price of $319,950 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 55983 are set at the county level.
2026 Loan Limits — Goodhue 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 55983
To purchase the median home at $319,950 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,601.
Monthly Payment
$2,601
Income Required
$111,487
Principal & Interest
$1,971/mo
Down Payment (5%)
$15,998
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 55983.
Estimated Monthly Payment
$2,130
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