10 Houses in Markets With the Biggest Median Home Price Increases
When we checked a couple of months back, the city with the largest year-over-year median home price increase was the somewhat unlikely Stockton, CA. Best known for its embarrassing bankruptcy in 2012, the city in California’s Central Valley continued its housing resurgence in April.
Realtor.com® data showed a massive 41.8% jump in median home prices in Stockton over the past year. All the cities in our top 10 are located throughout the nation and saw jumps of at least 17% in their median home prices. Three markets hit hard by the recession—Las Vegas, Sacramento, CA, and Riverside, CA—are rebounding in a big way.
To learn what you could buy in each of these fast-moving markets, we found a home in each city with a listed price within at least $10,000 of the median. If you are interested in any of these homes, just click on its photo for more information.
1. Stockton, CA (Median: $269,250) — 10448 Cherise Way, $275,000.
Realtor.com® data showed a massive 41.8% jump in median home prices in Stockton over the past year. All the cities in our top 10 are located throughout the nation and saw jumps of at least 17% in their median home prices. Three markets hit hard by the recession—Las Vegas, Sacramento, CA, and Riverside, CA—are rebounding in a big way.
To learn what you could buy in each of these fast-moving markets, we found a home in each city with a listed price within at least $10,000 of the median. If you are interested in any of these homes, just click on its photo for more information.
1. Stockton, CA (Median: $269,250) — 10448 Cherise Way, $275,000.
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2. Reno, NV (Median: $275,000) — 9135 Mount Pleasant Drive, $279,000.
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3. Las Vegas (Median: $182,900) — 8272 Brilliant Pompon Place, $182,990.
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4. Denver (Median: $340,000) — 3241 Fillmore St., $349,000.
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5. Sacramento, CA (Median: $334,900) — 1740 Burnett Way, $334,900.
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6. Riverside, CA (Median: $299,000) — 4378 12th St., $299,900.
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7. Chicago (Median: $224,900) — 7712 S Euclid Ave., $219,000.
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8. Houston (Median: $232,000) — 18022 Widcombe Drive, $229,500.
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9. Austin, TX (Median: $295,000) — 3302 Northeast Drive, $300,000.
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10. Port St. Lucie, FL (Median: $187,900) — 10379 Southwest Landry Lane, $197,000.
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