Home Values

Brainerd Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$111,800

  • -9.5% 1-year change
  • -3.1% 1-year forecast

The median home value in Brainerd is $111,800. Brainerd home values have declined -9.5% over the past year and Zillow predicts they will fall -3.1% within the next year. The median list price per square foot in Brainerd is $86, which is lower than the Chicago average of $175. The median price of homes currently listed in Brainerd is $97,900 while the median price of homes that sold is $160,412. The median rent price in Brainerd is $825, which is lower than the Chicago median of $1,750.

Foreclosures will be a factor impacting home values in the next several years. In Brainerd 3.1 homes are foreclosed (per 10,000). This is lower than the national value of 3.9

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Relative ZHVI
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Brainerd Market Overview

Data through Feb 28, 2015
  • $111,800 ZHVI
  • -3.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Feb 29, 2016)
  • $97,900 Median listing price
  • No recent data Median sale price
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Brainerd Market Health

Data through Feb 28, 2015
  • 2.4/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

3.1 homes Brainerd
3.9 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Beverly $303,600
West Chatham $141,200
West Chesterfield $126,000
Name Median ZHVI
Longwood Manor $122,700
Morgan Park $120,500
Gresham $120,100
Name Median ZHVI
Washington Heights $119,800
Rosemoor $113,700
Fernwood $89,200

Listings & Sales

Data through Feb 28, 2015
  • $86 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 17.9% Listings with price cut
21.4%
Sold below listing
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Brainerd Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,275 Brainerd
    $1,574 Chicago
    $1,355 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $825 Rent list price
  • No recent data Rent list price / sq ft
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