Home Values

55779 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

$155,400

  • 0.3% 1-year change
  • 1.9% 1-year forecast

The median home value in 55779 is $155,400. 55779 home values have gone up 0.3% over the past year and Zillow predicts they will rise 1.9% within the next year. The median price of homes currently listed in 55779 is $194,900.

Foreclosures will be a factor impacting home values in the next several years. In 55779 3.6 homes are foreclosed (per 10,000). This is greater than the Saginaw value of 3.5 and also lower than the national value of 4.0

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 55779 is 3.0%, 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 55779 homeowners underwater on their mortgage is 11.7%, which is the same as Saginaw at 11.7%.

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Relative ZHVI
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55779 Market Overview

Data through Dec 31, 2014
  • $155,400 ZHVI
  • 1.9% 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)
  • $194,900 Median listing price
  • No data Median sale price
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55779 Market Health

Data through Dec 31, 2014
  • 5.8/10 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
  • 11.7% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 3.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

3.6 homes 55779
3.5 homes Saginaw
4 homes United States
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Nearby Zip Codes

Name Median ZHVI
55733 $169,000
55811 $148,200
55810 $122,600
Name Median ZHVI
55724 $109,600
55807 $86,800
55808 $81,000
Name Median ZHVI
55806 $75,000
 
 

Listings & Sales

Data through Dec 31, 2014
  • $205 Median list price / sq ft (Nov 30, 2014)
  • No recent data Median sale price / sq ft
  • 9.1% Listings with price cut
7.7%
Sold below listing
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55779 Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,132 55779
    $1,130 Saginaw
    $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

  • 2.3 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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