Home Values

Lindstrom 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

$183,300

  • 6.0% 1-year change
  • 1.3% 1-year forecast

The median home value in Lindstrom is $183,300. Lindstrom home values have gone up 6.0% over the past year and Zillow predicts they will rise 1.3% within the next year. The median list price per square foot in Lindstrom is $151, which is lower than the Minneapolis-St Paul Metro average of $164. The median price of homes currently listed in Lindstrom is $199,000 while the median price of homes that sold is $215,000. The median rent price in Lindstrom is $1,095, which is lower than the Minneapolis-St Paul Metro median of $1,295.

Foreclosures will be a factor impacting home values in the next several years. In Lindstrom 2.7 homes are foreclosed (per 10,000). This is lower than the Minneapolis-St Paul Metro value of 3.7 and also lower than the national value of 4.2

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Lindstrom is 6.1%, which is lower than the national value of 6.4%. 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 Lindstrom homeowners underwater on their mortgage is 19.9%, which is higher than Minneapolis-St Paul Metro at 15.6%.

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Relative ZHVI
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Lindstrom Market Overview

Data through Nov 30, 2014
  • $183,300 ZHVI
  • 1.3% 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
    (Nov 30, 2015)
  • $199,000 Median listing price
  • No recent data Median sale price
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Lindstrom Market Health

Data through Nov 30, 2014
  • 2.3/10 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
  • 19.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 6.1% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

2.7 homes(Feb 28, 2014) Lindstrom
3.7 homes Minneapolis-St Paul Metro
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Marine on Saint Croix $309,800
Scandia $284,200
Columbus $243,700
Name Median ZHVI
Hugo $227,500
Forest Lake $220,800
Somerset $203,800

Listings & Sales

Data through Nov 30, 2014
  • $151 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
47.6%
Sold below listing
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Lindstrom Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,373 Lindstrom
    $1,506 Minneapolis-St Paul Metro
    $1,342 United States

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

  • No data Breakeven horizon
  • No recent data Rent list price
  • No data Rent list price / sq ft
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