55901 — Olmsted County, Minnesota Market Snapshot
Housing market data for zip code 55901 in Olmsted County, Minnesota. Updated monthly with median prices, days on market, and more.
Market Sales Data
224 sales in 2026 (year to date)
Median Sale Price
$337,750
Days to Sell
16
Homes Sold
224
Inventory
143
Sale-to-List
100.2%
New Listings
378
Price/SqFt
$181
Pending Sales
310
Conforming Loan Available
Most homebuyers in 55901 can comfortably use conventional financing. The median home price of $337,750 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 55901 are moving quickly at 16 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 55901 (100.2% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 55901 can comfortably use conventional financing. The median home price of $337,750 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 55901 are set at the county level.
2026 Loan Limits — Olmsted 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 55901
To purchase the median home at $337,750 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,738.
Monthly Payment
$2,738
Income Required
$117,332
Principal & Interest
$2,081/mo
Down Payment (5%)
$16,888
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 55901.
Estimated Monthly Payment
$2,240
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