55388 — Wright County, Minnesota Market Snapshot
Housing market data for zip code 55388 in Wright County, Minnesota. Updated monthly with median prices, days on market, and more.
Market Sales Data
24 sales in 2026 (year to date)
Median Sale Price
$381,250
Days to Sell
23
Homes Sold
24
Inventory
13
Sale-to-List
99.9%
New Listings
30
Price/SqFt
$169
Pending Sales
19
Conforming Loan Available
Most homebuyers in 55388 can comfortably use conventional financing. The median home price of $381,250 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 55388 are moving quickly at 23 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 55388 (99.9% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 55388 can comfortably use conventional financing. The median home price of $381,250 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 55388 are set at the county level.
2026 Loan Limits — Wright 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 55388
To purchase the median home at $381,250 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,071.
Monthly Payment
$3,071
Income Required
$131,615
Principal & Interest
$2,349/mo
Down Payment (5%)
$19,063
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 55388.
Estimated Monthly Payment
$2,509
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