MN mortgage rates

Nicollet County

Clear, current 2026 mortgage and refinance loan limits for homeowners in Nicollet County, Minnesota. Use the verified baseline numbers below to calculate your refinance payment, evaluate your home equity, and monitor when rate alerts make refinancing advantageous.

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2026 limits

2026 Mortgage Loan Limits

Nicollet County

Conforming Loan Limits

Per property
1 unit$832,750
2 units$1,066,250
3 units$1,288,800
4 units$1,601,750

FHA Loan Limits

Per property
1 unit$541,287
2 units$693,050
3 units$837,700
4 units$1,041,125

Source: Official Federal Housing Finance Agency (FHFA) and HUD loan limit schedules. Conforming data represents conventional maximums. Last synchronized: 2026 update cycle.

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Refinance Payment Estimate

Estimate Your Refinance in Nicollet County

Use your current mortgage details to estimate a new refinance payment and potential monthly savings.

Estimated New Monthly Payment$2,528Principal & interest only
Home value − mortgage balance
Mortgage balance ÷ home value
Added to the proposed new loan
Proposed New Loan Amount$400,000
Estimated New Payment$2,528
Estimated Monthly SavingsAdd current rate

Estimates include principal and interest only. Taxes, insurance, closing costs, and mortgage insurance are not included.

About Nicollet

A local view of the market.

The real estate market in Nicollet County, Minnesota, is currently a seller's market, with home prices experiencing a significant increase over the past year. As of October 2024, the median home sold price was $309,950, reflecting a 12.6% rise from the previous year. Homes in the area are selling for an average of $147 per square foot, indicating a robust demand in the housing market. Nicollet County includes several notable cities, with North Mankato and Saint Peter being among the largest. North Mankato has a population of approximately 14,000 residents, while Saint Peter is home to around 11,000 people. These cities serve as key hubs within the county, offering a mix of residential and commercial opportunities. Living in Nicollet County offers a blend of rural and suburban lifestyles, with agriculture playing a significant role in the local economy. The county is characterized by its agricultural lands and suburban communities, providing residents with both farming opportunities and suburban living. Key industries include agriculture, education, and healthcare, attracting individuals seeking a balance between rural charm and suburban convenience. The county's appeal is further enhanced by its strong community ties and quality of life, making it an attractive destination for those looking to relocate.

County snapshot

Market context.

MN

Public location data associated with this county record. Optional fields are shown only when present in the source.

Market areaMankatoMapped market area
Area code31860CBSA / MSA reference
Data year2026Aligned with this limit record
Questions & Answers

Refinancing in Nicollet County

Common questions about 2026 loan limits and refinancing opportunities in Minnesota.

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