55309 — Sherburne County, Minnesota Market Snapshot
Housing market data for zip code 55309 in Sherburne County, Minnesota. Updated monthly with median prices, days on market, and more.
Market Sales Data
58 sales in 2026 (year to date)
Median Sale Price
$342,850
Days to Sell
17
Homes Sold
58
Inventory
30
Sale-to-List
100.8%
New Listings
74
Price/SqFt
$179
Pending Sales
70
Conforming Loan Available
Most homebuyers in 55309 can comfortably use conventional financing. The median home price of $342,850 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 55309 are moving quickly at 17 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 55309 (100.8% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 55309 can comfortably use conventional financing. The median home price of $342,850 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 55309 are set at the county level.
2026 Loan Limits — Sherburne 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 55309
To purchase the median home at $342,850 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,777.
Monthly Payment
$2,777
Income Required
$119,006
Principal & Interest
$2,113/mo
Down Payment (5%)
$17,143
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 55309.
Estimated Monthly Payment
$2,272
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