Home Values

55902 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

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in 55902 is $155, which is higher than the Rochester average of $141. The median price of homes currently listed in 55902 is $324,900 while the median price of homes that sold is $202,285. The median rent price in 55902 is $1,200, which is higher than the Rochester median of $995.

Foreclosures will be a factor impacting home values in the next several years. In 55902 2.1 homes are foreclosed (per 10,000). This is greater than the Rochester value of 1.4 and also lower than the national value of 3.9

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 55902 homeowners underwater on their mortgage is 11.7%, which is lower than Rochester at 15.2%.

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Relative ZHVI
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55902 Market Overview

Data through Feb 28, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $324,900 Median listing price
  • No recent data Median sale price
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55902 Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • 11.7% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)
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Nearby Zip Codes

Name Median ZHVI
55960 $214,400
55920 $164,700
55934 $158,400
Name Median ZHVI
55906 $157,200
55976 $140,800
55901 $131,700
Name Median ZHVI
55904 $113,800
 
 

Listings & Sales

Data through Feb 28, 2015
  • $155 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 11.8% Listings with price cut
37.2%
Sold below listing
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55902 Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,497 55902
    $1,289 Rochester
    $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

  • No data Breakeven horizon
  • $1,200 Rent list price
  • No recent data Rent list price / sq ft
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