55902 Home Values & Market Trends

There are 49 homes currently listed for 55902. 55902 real estate market trends show that home prices range from $37,900 to $4,900,000, and the median sales price in the 55902 zip code is $420,767.52. The total number of properties sold within the past twelve months is 502. In 55902, 3 properties are in foreclosure, 1 are bank owned properties,and 2 are headed for auction.

55902 Real Estate Market Overview

CityMedian Est. Value
Rochester

$ 328,700

$ 161/sqft

Housing Market Summary for 55902

Apr 2023March 2024Change
Median Listing Price$387.4K$410.8K6.01%
Median Sold Price$438K$410.8K-6.22%
Homes For Sale6040-33.33%
Homes Sold16330486.50%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 55902

The median list price of a home in Rochester, is $420,767.52. A total of 49 properties are for sale, and the percentage of properties for sale in the zip code is 49.00%. The total count of 55902 properties is 8,944.

Foreclosure
There is 1 cities within 55902; within this cities, the median estimated home value for homes in foreclosure ranges from $822,142 in rochester to the lowest value of $235,418 in rochester. Foreclosure homes account for 0.00% of properties in 55902 with rochester containing 13 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 55902 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 55902; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 55902 ranges from the highest value of $345,337 in rochester to the lowest value of $235,418 in rochester. Bank owned homes and properties account for 0.01% of properties in 55902. There is 1 cities within 55902; rochester containing 4 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    rochester has 9 auction properties, the highest number of properties going to auction in a single city in the state of 55902. Auction homes and other auction properties account for 0.02% of all properties in 55902. There is 1 cities within 55902; of that cities, the median estimated home value for homes going to auction ranges from $822,142 in rochester to the lowest value of $240,335 in rochester.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.55% of residential properties in 55902 with rochester containing 210 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 55902; homes for sale in that cities, have a range of median values from $2,905,344 in rochester to the lowest value of $71,641 in rochester.
    Sold Homes
    The median value for recently sold homes ranges from $1,944,735 in rochester to the lowest price of $27,845 in rochester. There is 1 cities within 55902. rochester has 1292 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.45% of properties in 55902.

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      Guide for 55902

      Market Reports
      Rochester Real Estate: A Year of Growth and Potential
      Market Reports
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      See More Articles
      Rochester Real Estate: A Year of Growth and Potential
      Market Reports|posted 13 March 2024

      Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.

      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports|posted 26 March 2024

      Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.

      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports|posted 14 March 2024

      The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Recently Listed Homes 55902

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