55038 — Washington County, Minnesota Market Snapshot
Housing market data for zip code 55038 in Washington County, Minnesota. Updated monthly with median prices, days on market, and more.
Market Sales Data
31 sales in 2026 (year to date)
Median Sale Price
$302,500
Days to Sell
36
Homes Sold
31
Inventory
38
Sale-to-List
99.4%
New Listings
67
Price/SqFt
$185
Pending Sales
50
Conforming Loan Available
Most homebuyers in 55038 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
55038'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 55038 (99.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 55038 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 55038 are set at the county level.
2026 Loan Limits — Washington 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 55038
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 55038.
Estimated Monthly Payment
$2,022
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