55021 — Rice County, Minnesota Market Snapshot

Housing market data for zip code 55021 in Rice County, Minnesota. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

72 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$302,500

Closed sales

Days to Sell

34

Median, listing to close

Homes Sold

72

Closed in 2026

Inventory

64

Sale-to-List

99.3%

New Listings

107

Price/SqFt

$160

Pending Sales

91

Conforming Loan Available

Most homebuyers in 55021 can comfortably use conventional financing. The median home price of $302,500 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

55021's market is balanced with homes taking an average of 34 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 55021 (99.3% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 55021 can comfortably use conventional financing. The median home price of $302,500 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 55021 are set at the county level.

2026 Loan Limits — Rice 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 55021

To purchase the median home at $302,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,468.

Monthly Payment

$2,468

Income Required

$105,757

Principal & Interest

$1,864/mo

Down Payment (5%)

$15,125

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 55021.

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Estimated Monthly Payment

$2,022

Principal & Interest$1,570
Property Tax$303
Insurance$150
Loan Amount$242,000
Total Interest$323,060
Income Required$86,662/yr

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