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
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