Home Values

55344 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

$212,100

  • 1.8% 1-year change
  • 2.1% 1-year forecast

The median home value in 55344 is $212,100. 55344 home values have gone up 1.8% over the past year and Zillow predicts they will rise 2.1% within the next year. The median list price per square foot in 55344 is None. The median rent price in 55344 is $1,350, which is lower than the Eden Prairie median of $1,450.

Foreclosures will be a factor impacting home values in the next several years. In 55344 13.4 homes are foreclosed (per 10,000). This is greater than the Eden Prairie value of 1.1 and also greater than the national value of 3.0

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 55344 homeowners underwater on their mortgage is 19.3%, which is higher than Eden Prairie at 11.6%.

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Relative ZHVI
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55344 Market Overview

Data through Mar 31, 2015
  • $212,100 ZHVI
  • 2.1% 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
    (Mar 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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55344 Market Health

Data through Mar 31, 2015
  • 7.8/10 Very 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 19.3% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

13.4 homes 55344
1.1 homes Eden Prairie
3 homes United States
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Nearby Zip Codes

Name Median ZHVI
55439 $425,600
55436 $379,900
55347 $346,300
Name Median ZHVI
55345 $297,200
55346 $284,500
55305 $270,700
Name Median ZHVI
55438 $255,400
55437 $231,900
55343 $190,600

Listings & Sales

Data through Feb 28, 2015
  • No recent data Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
33.4%
Sold below listing
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55344 Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,542 55344
    $1,932 Eden Prairie
    $1,362 United States

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

  • 3.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,350 Rent list price
  • $1.28 Rent list price / sq ft
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