According to the latest Zillow Market Report, the median U.S. home value rose 8.7% to $215,600, representing the fastest year-over-year increase since June, 2006. Zillow says this gain is part of a general upward trend that started in early 2015 when values were climbing at less than 5% year-over-year. In addition to rising values, Zillow says the median U.S. rent grew by 2.5% (year-over-year) to $1,449 a month and has been growing by more than 2% since September 2017. Be sure to click on the interactive map below for more detail.
Trending
- Local Market Monitor’s National Economic Outlook for March ’24
- TikToker Tells Illegal Immigrants How to Invade American Homes & Invoke Squatter’s Rights
- More Inflation Concerns, Big Changes for Home Sales and Single Family Construction Hot Spots
- Home Builder Confidence Highest Since July
- CoreLogic Says Rent Growth Slowed in January
- Existing Home Sales See Largest Monthly Increase in a Year
- Housing Starts Up 10.7% in February
- Average Down Payment for a House by State