Portland, OR home prices led the nation in price appreciation, surging 13.8% in 2016 to$354,400, according to Business Insider.
Meanwhile, as of December 31, 2016, Real Estate service firm Zillow is reporting that the median home value in the United States is $193,800, up 6.8% over the past year and predicts they will rise another 3.5% in 2017. The median price of homes currently listed in the United States is $235,000. The median rent price in the United States is $1,500.
Business Insider’s Top 15 Housing Markets in 2016 were:
- Portland, OR
Median home value: $354,400
Home value growth over past year: 13.8% - Tampa, FL
Median home value: $179,600
Home value growth over past year: 11.8% - Seattle, WA
Median home value: $413,700
Home value growth over past year: 11.7% - Dallas-Fort Worth, TX
Median home value: $201,400
Home value growth over past year: 11.6% - Orlando, FL
Median home value: $200,500
Home value growth over past year: 10.7% - Detroit, MI
Median home value: $135,900
Home value growth over past year: 10% - Las Vegas, NV
Median home value: $215,400
Home value growth over past year: 9.8% - Denver, CO
Median home value: $355,400
Home value growth over past year: 9.6% - Miami-Fort Lauderdale, FL
Median home value: $247,000
Home value growth over past year: 9% - Austin, TX
Median home value: $261,500
Home value growth over past year: 8.2% - Sacramento, CA
Median home value: $352,700
Home value growth over past year: 7.4% - Charlotte, NC
Median home value: $168,000
Home value growth over past year: 7.4% - Atlanta, GA
Median home value: $173,300
Home value growth over past year: 7.4% - St. Louis, MO
Median home value: $148,900
Home value growth over past year: 7.1% - Phoenix, AZ
Median home value: $230,500
Home value growth over past year: 6.8%