56310 — Stearns County, Minnesota Market Snapshot
Housing market data for zip code 56310 in Stearns County, Minnesota. Updated monthly with median prices, days on market, and more.
Market Sales Data
15 sales in 2026 (year to date)
Median Sale Price
$305,900
Days to Sell
36
Homes Sold
15
Inventory
12
Sale-to-List
101.1%
New Listings
18
Price/SqFt
$174
Pending Sales
18
Conforming Loan Available
Most homebuyers in 56310 can comfortably use conventional financing. The median home price of $305,900 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
56310's market is balanced with homes taking an average of 36 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 56310 (101.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 56310 can comfortably use conventional financing. The median home price of $305,900 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 56310 are set at the county level.
2026 Loan Limits — Stearns 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 56310
To purchase the median home at $305,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,494.
Monthly Payment
$2,494
Income Required
$106,873
Principal & Interest
$1,885/mo
Down Payment (5%)
$15,295
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 56310.
Estimated Monthly Payment
$2,043
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