Home Values

Long Lake 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

$261,600

  • 4.2% 1-year change
  • 1.6% 1-year forecast

The median home value in Long Lake is $261,600. Long Lake home values have gone up 4.2% over the past year and Zillow predicts they will rise 1.6% within the next year. The median price of homes currently listed in Long Lake is $257,900.

Foreclosures will be a factor impacting home values in the next several years. In Long Lake 19.8 homes are foreclosed (per 10,000). This is greater than the Minneapolis-St Paul Metro value of 4.0 and also greater than the national value of 4.0

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Relative ZHVI
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Long Lake Market Overview

Data through Dec 31, 2014
  • $261,600 ZHVI
  • 1.6% 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
    (Dec 31, 2015)
  • No recent data Median listing price
  • No data Median sale price
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Long Lake Market Health

Data through Dec 31, 2014
  • 2.1/10 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 (6.4% US Avg)

Homes foreclosed (per 10,000)

19.8 homes(Sep 30, 2014) Long Lake
4 homes Minneapolis-St Paul Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Orono $638,800
Medina $548,100
Deephaven $526,800
Name Median ZHVI
Wayzata $455,700
Shorewood $431,100
Independence $419,500
Name Median ZHVI
Minnetonka $312,400
Plymouth $310,600
Maple Plain $209,100

Listings & Sales

Data through Dec 31, 2014
  • No recent data Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 15.4% Listings with price cut
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Long Lake Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,654 Long Lake
    $1,501 Minneapolis-St Paul Metro
    $1,345 United States

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

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