55779, Saginaw, MN

There are a number of factors that can affect the home equity and home prices in a particular zip code, including the overall economy, interest rates, and local market conditions. In general, though, home equity and home prices tend to rise as the economy strengthens and as interest rates remain low.

According to recent data from Zillow, the median home value in Saginaw (55779) was $137,000 in January 2018. This is up 3.5% from $133,000 in January 2017. Over the past year (January 2017-January 2018), the Zillow Home Value Index for Saginaw increased 4.1%.

While there may be some variation depending on the specific area within a zip code, over time it is generally safe to assume that home values will continue to rise if the local economy is strong. In addition, since interest rates are generally low these days (especially compared to historical norms), buyers who are able to get financing will likely be able to afford more expensive homes than they would have been able to just a few years ago. So while there may be some localized pockets of weakness at this point in time – for example due to tight credit availability or other economic headwinds – overall market conditions are still supportive of rising home values across much of Saginaw County.