55104 — Ramsey County, Minnesota Market Snapshot
Housing market data for zip code 55104 in Ramsey 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
$470,000
Days to Sell
39
Homes Sold
11
Inventory
28
Sale-to-List
96.9%
New Listings
40
Price/SqFt
$193
Pending Sales
19
Conforming Loan Available
Most homebuyers in 55104 can comfortably use conventional financing. The median home price of $470,000 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
55104'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
The average home in 55104 sells for 3.1% below asking price (96.9% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 55104 can comfortably use conventional financing. The median home price of $470,000 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 55104 are set at the county level.
2026 Loan Limits — Ramsey 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 55104
To purchase the median home at $470,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,751.
Monthly Payment
$3,751
Income Required
$160,757
Principal & Interest
$2,896/mo
Down Payment (5%)
$23,500
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 55104.
Estimated Monthly Payment
$3,059
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