Housing Market 2023: The Federal Reserve Bank of St. Louis estimates that the national average for home sales was $495,100 compared to $527,500 lower.
Housing Market 2023 Increase (Photo: The Real Deal)
Housing Market 2023: American cities recorded the highest dollar change in property value over the previous five years
- California’s Glendale
- Housing Market 2023
- Home value as of June 2018: $915,551 Home worth as of June 2023: $1,273,741 Home value fluctuation over 5 years: $358,190
- Beach, Huntington, California
- Housing Market 2023 Home value as of June 2018: $914,218
- Home value as of June 2023: $1,273,269
Change in property value over 5 years: $359,051 - California’s Santa Cruz
Home value as of June 2018: $991,513
Home value as of June 2023: $1,351,589
Change in home value over 5 years: $360,076 - California’s Costa Mesa
Home value as of June 2018: $862,816
Home value as of June 2023: $1,241,762
Change in property value over 5 years: $378,946 - Nashville, Tennessee
Home value as of June 2018: $489,575
Home value as of June 2023: $869,263 - Washington’s Redmond
Home value as of June 2018: $989,938
Home worth as of June 2023: $1,371,719
Change in property value over 5 years: $381,781 - Washington’s Bellevue
Home value as of June 2018: $1,135,164
Home value as of June 2023: $1,534,304
Home value fluctuation over 5 years: $399,140 - Sacramento, California
Home value as of June 2018: $1,051,427
Home worth as of June 2023: $1,494,791
Home value fluctuation over 5 years: $443,365 - Los Angeles, California
Home value as of June 2018: $963,690
Home value as of June 2023: $1,513,784
Change in property value over 5 years: $550,095 - California’s Santa Barbara
Home value as of June 2018: $1,100,714
Home worth as of June 2023: $1,799,893
Home value fluctuation over 5 years: $699,180
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Housing Market 2023: The 10 U.S. cities with the largest percentage change in property value over the last five years are listed below.
- Housing Market 2023: The city of Gastonia
Home value as of June 2018: $153,637
Home value as of June 2023: $281,152
Change in property value over 5 years: 83% - Housing Market 2023: Georgia’s Covington
Home value as of June 2018: $159,479
Home value as of June 2023: $292,407
Change in property value over five years: 83.35% - Housing Market 2023: In Georgia, Augusta
Home value as of June 2018: $96,115
Home value as of June 2023: $176,849
Change in property value over 5 years: 84% - Pennsylvania’s Harrisburg
Home value as of June 2018: $127,273
Home value as of June 2023: $235,369
Home value alterations over five years: 84.93% - Florida’s Saint Petersburg
Home value as of June 2018: $210,646
Home value as of June 2023: $392,524
Change in property value over 5 years: 86.34% - Delaware, Ohio
Home value as of June 2018: $58,720
Home value as of June 2023: $110,152
Home value alterations over five years: 87.59% - Pennsylvania’s Reading
Home value as of June 2018: $122,129
Home value as of June 2023: $230,876
Home value fluctuation over 5 years: 89.04% - Atlanta, Georgia
Home value as of June 2018: $52,003
Home value as of June 2023: $99,433
Home value alterations over five years: 91.21% - New Jersey’s Trenton
Home value as of June 2018: $151,399
Home value as of June 2023: $299,437
Home value changed by 97.78% in 5 years. - Detroit
Home value as of June 2018: $22,435
Home value as of June 2023: $63,661
Home value changed by 183.76% in 5 years.
