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The 10 cities where houses have increased the most in price in the last year

The News GlorybyThe News Glory
07/03/2023
The 10 cities where houses have increased the most in price in the last year

In Ogden, Utah, home prices have increased 392%.

Photo: Burdun Iliya / Shutterstock

A new report from the real estate portal Realtor.com pointed out that there are several cities in the United States where houses have increased more in price in the last year.

And it is that with mortgage rates close to 7% for 30-year loans, there are few people who dare to buy a.

The 10 cities that have experienced the biggest price increase in the last year, from January 2022 to January 2021, are:

1. Ogden, UT

Increase in price of houses for sale year over year: 392%

Median Home Price: $542,450

2. Huntsville, Alabama

Increase in price of houses for sale year over year: 319%

Median home price: $389,800

3. Nashville, Tennessee

Increase in price of houses for sale year over year: 304%

Median Home Price: $504,950

4. Austin, Texas

Increase in price of houses for sale year over year: 260%

Median Home Price: $521,500

5. Sarasota, Florida

Increase in price of houses for sale year over year: 259%

Median Home Price: $539,750

6. Raleigh, North Carolina

Price increase of houses for sale year over year: 255%

Median Home Price: $441,875

7. Fayetteville, Arkansas

Increase in price of houses for sale year over year: 211%

Median Home Price: $397,232

8.Phoenix, Arizona

Price increase of houses for sale year over year: 190%

Median Home Price: $478,395

9.Seattle, Wash.

Increase in price of houses for sale year over year: 181%

Median Home Price: $724,975

10. Colorado Springs, Colorado

Increase in price of houses for sale year over year: 164%

Median Home Price: $493,250

You may also like:
– States with the cheapest rental income in the US.
– Nothing stops the increase in mortgage rates and they are close to 7%
– Real estate experts predict that house prices will start to rise in 2024

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