Special Report

Cities Where Home Values Are Rising the Fastest

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In the early months of the COVID-19 pandemic, U.S. home sales slumped. Since then, however, the market has come roaring back — and rising demand, in conjunction with a relatively low supply of housing, has caused home values to surge.

According to estimates from Zillow, a Seattle-based real estate data company, between March 2020 and March 2021, the typical single-family American home appreciated in value from $250,179 to $276,717, a 10.6% increase. Of course, housing markets also respond to local forces, and in some parts of the country, home values have appreciated at more than double the national rate.

In 50 cities and towns with populations of 35,000 or more, home values have appreciated by at least 18.7% over the past year. In some of them, the value of a typical family home has surged by more than 30%. Though these communities span the country, they tend to be concentrated in the Western United States.

One factor that can contribute to rapidly climbing home prices at a local level is demand. And demand for housing is often precipitated by a growing population. According to the most recent available Census data, 34 of the 50 cities and towns on this list reported population growth over the last one-year period.

Home prices are also largely dictated by what local residents can afford, and rising home values can often be the result of rising incomes. Of the 50 places on this list for which income data is available, 47 reported year-over-year growth in median household income, based on the most recent available data Census data.

50. Chandler, Arizona
> 1-yr. change in median home value: +18.7% (+$64,593)
> Median home value; March 2021: $409,557
> 1-yr. population change: +1.6% (+4,061)
> Population: 252,692
> 1-yr. change in median household income: +2.7% (+ $2,209)
> Median household income: $82,925

This is How Much Home You Can Buy For 200K in Every State

49. Lacey, Washington
> 1-yr. change in median home value: +18.9% (+$63,264)
> Median home value; March 2021: $398,523
> 1-yr. population change: +2.9% (+1,396)
> Population: 49,248
> 1-yr. change in median household income: +1.5% (+ $1,012)
> Median household income: $67,687

This is How Much Home You Can Buy For 200K in Every State

48. Saginaw, Michigan
> 1-yr. change in median home value: +18.9% (+$13,225)
> Median home value; March 2021: $83,248
> 1-yr. population change: -0.7% (-347)
> Population: 48,650
> 1-yr. change in median household income: -1.0% (- $303)
> Median household income: $29,582

This is How Much Home You Can Buy For 200K in Every State

47. El Dorado Hills, California
> 1-yr. change in median home value: +18.9% (+$122,685)
> Median home value; March 2021: $772,181
> 1-yr. population change: +2.2% (+994)
> Population: 46,593
> 1-yr. change in median household income: +4.7% (+ $6,125)
> Median household income: $137,726

This is How Much Home You Can Buy For 200K in Every State

46. Anderson, Indiana
> 1-yr. change in median home value: +18.9% (+$13,759)
> Median home value; March 2021: $86,420
> 1-yr. population change: -0.5% (-275)
> Population: 54,513
> 1-yr. change in median household income: +2.9% (+ $1,053)
> Median household income: $37,038

This is How Much Home You Can Buy For 200K in Every State

45. Apache Junction, Arizona
> 1-yr. change in median home value: +19.0% (+$45,322)
> Median home value; March 2021: $284,213
> 1-yr. population change: +2.3% (+918)
> Population: 40,592
> 1-yr. change in median household income: +8.4% (+ $3,538)
> Median household income: $45,653

This is How Much Home You Can Buy For 200K in Every State

44. Kansas City, Kansas
> 1-yr. change in median home value: +19.0% (+$22,630)
> Median home value; March 2021: $141,519
> 1-yr. population change: +0.3% (+453)
> Population: 152,522
> 1-yr. change in median household income: +4.8% (+ $2,092)
> Median household income: $45,665

This is How Much Home You Can Buy For 200K in Every State

43. West Haven, Connecticut
> 1-yr. change in median home value: +19.1% (+$38,464)
> Median home value; March 2021: $240,235
> 1-yr. population change: -0.3% (-155)
> Population: 54,763
> 1-yr. change in median household income: +8.4% (+ $4,873)
> Median household income: $62,985

This is How Much Home You Can Buy For 200K in Every State

42. Dayton, Ohio
> 1-yr. change in median home value: +19.1% (+$13,012)
> Median home value; March 2021: $81,204
> 1-yr. population change: -0.2% (-213)
> Population: 140,569
> 1-yr. change in median household income: +3.6% (+ $1,145)
> Median household income: $32,540

This is How Much Home You Can Buy For 200K in Every State

41. Gilbert, Arizona
> 1-yr. change in median home value: +19.2% (+$69,895)
> Median home value; March 2021: $434,311
> 1-yr. population change: +2.4% (+5,770)
> Population: 243,254
> 1-yr. change in median household income: +4.9% (+ $4,507)
> Median household income: $96,857

This is How Much Home You Can Buy For 200K in Every State

40. Stratford, Connecticut
> 1-yr. change in median home value: +19.3% (+$50,724)
> Median home value; March 2021: $313,399
> 1-yr. population change: -0.3% (-159)
> Population: 52,120
> 1-yr. change in median household income: +4.7% (+ $3,585)
> Median household income: $79,430

This is How Much Home You Can Buy For 200K in Every State

39. Scottsdale, Arizona
> 1-yr. change in median home value: +19.4% (+$101,616)
> Median home value; March 2021: $626,246
> 1-yr. population change: +1.9% (+4,576)
> Population: 250,602
> 1-yr. change in median household income: +4.3% (+ $3,612)
> Median household income: $88,213

This is How Much Home You Can Buy For 200K in Every State

38. Roy, Utah
> 1-yr. change in median home value: +19.4% (+$54,410)
> Median home value; March 2021: $335,057
> 1-yr. population change: +2.1% (+802)
> Population: 39,040
> 1-yr. change in median household income: +2.4% (+ $1,608)
> Median household income: $70,032

This is How Much Home You Can Buy For 200K in Every State

37. Parkland, Washington
> 1-yr. change in median home value: +19.4% (+$62,793)
> Median home value; March 2021: $385,732
> 1-yr. population change: +0.3% (+118)
> Population: 37,303
> 1-yr. change in median household income: +7.6% (+ $3,931)
> Median household income: $55,346

This is How Much Home You Can Buy For 200K in Every State

36. Peoria, Arizona
> 1-yr. change in median home value: +19.4% (+$60,107)
> Median home value; March 2021: $369,172
> 1-yr. population change: +2.2% (+3,624)
> Population: 168,196
> 1-yr. change in median household income: +3.1% (+ $2,284)
> Median household income: $75,323

This is How Much Home You Can Buy For 200K in Every State

35. Tempe, Arizona
> 1-yr. change in median home value: +19.5% (+$61,553)
> Median home value; March 2021: $376,821
> 1-yr. population change: +2.1% (+3,802)
> Population: 187,454
> 1-yr. change in median household income: +7.0% (+ $3,784)
> Median household income: $57,994

This is How Much Home You Can Buy For 200K in Every State

34. San Tan Valley, Arizona
> 1-yr. change in median home value: +19.5% (+$50,568)
> Median home value; March 2021: $309,513
> 1-yr. population change: +3.7% (+3,462)
> Population: 96,692
> 1-yr. change in median household income: +0.8% (+ $531)
> Median household income: $67,880

This is How Much Home You Can Buy For 200K in Every State

33. Vineland, New Jersey
> 1-yr. change in median home value: +19.7% (+$31,619)
> Median home value; March 2021: $192,069
> 1-yr. population change: -0.5% (-323)
> Population: 60,034
> 1-yr. change in median household income: -1.0% (- $578)
> Median household income: $54,476

This is How Much Home You Can Buy For 200K in Every State

32. Sun City, Arizona
> 1-yr. change in median home value: +19.7% (+$39,457)
> Median home value; March 2021: $239,615
> 1-yr. population change: -1.2% (-471)
> Population: 38,877
> 1-yr. change in median household income: +4.3% (+ $1,687)
> Median household income: $40,586

This is How Much Home You Can Buy For 200K in Every State

31. Twin Falls, Idaho
> 1-yr. change in median home value: +19.7% (+$43,668)
> Median home value; March 2021: $264,801
> 1-yr. population change: +1.5% (+726)
> Population: 48,951
> 1-yr. change in median household income: +3.8% (+ $1,863)
> Median household income: $50,739

This is How Much Home You Can Buy For 200K in Every State

30. Surprise, Arizona
> 1-yr. change in median home value: +19.8% (+$55,288)
> Median home value; March 2021: $335,022
> 1-yr. population change: +1.9% (+2,546)
> Population: 135,450
> 1-yr. change in median household income: +6.0% (+ $3,916)
> Median household income: $69,076

This is How Much Home You Can Buy For 200K in Every State

29. Calexico, California
> 1-yr. change in median home value: +19.8% (+$47,725)
> Median home value; March 2021: $288,942
> 1-yr. population change: +0.0% (+12)
> Population: 39,946
> 1-yr. change in median household income: +6.5% (+ $2,667)
> Median household income: $43,592

This is How Much Home You Can Buy For 200K in Every State

28. Rock Hill, South Carolina
> 1-yr. change in median home value: +20.4% (+$40,190)
> Median home value; March 2021: $237,440
> 1-yr. population change: +2.0% (+1,431)
> Population: 73,334
> 1-yr. change in median household income: +7.8% (+ $3,652)
> Median household income: $50,444

This is How Much Home You Can Buy For 200K in Every State

27. Birmingham, Alabama
> 1-yr. change in median home value: +20.4% (+$13,907)
> Median home value; March 2021: $81,970
> 1-yr. population change: +0.1% (+276)
> Population: 212,297
> 1-yr. change in median household income: +5.7% (+ $2,029)
> Median household income: $37,375

This is How Much Home You Can Buy For 200K in Every State

26. Prescott Valley, Arizona
> 1-yr. change in median home value: +20.5% (+$59,964)
> Median home value; March 2021: $352,723
> 1-yr. population change: +2.6% (+1,113)
> Population: 44,311
> 1-yr. change in median household income: +7.3% (+ $3,534)
> Median household income: $51,909

This is How Much Home You Can Buy For 200K in Every State

25. Ogden, Utah
> 1-yr. change in median home value: +20.6% (+$49,127)
> Median home value; March 2021: $287,766
> 1-yr. population change: +0.8% (+707)
> Population: 86,833
> 1-yr. change in median household income: +7.0% (+ $3,254)
> Median household income: $50,061

This is How Much Home You Can Buy For 200K in Every State

24. Mesa, Arizona
> 1-yr. change in median home value: +20.6% (+$57,184)
> Median home value; March 2021: $334,551
> 1-yr. population change: +1.7% (+8,526)
> Population: 499,720
> 1-yr. change in median household income: +6.4% (+ $3,481)
> Median household income: $58,181

This is How Much Home You Can Buy For 200K in Every State

23. Queen Creek, Arizona
> 1-yr. change in median home value: +20.7% (+$81,675)
> Median home value; March 2021: $476,557
> 1-yr. population change: +19.6% (+7,076)
> Population: 43,129
> 1-yr. change in median household income: +7.7% (+ $7,515)
> Median household income: $105,729

This is How Much Home You Can Buy For 200K in Every State

22. Maricopa, Arizona
> 1-yr. change in median home value: +20.9% (+$48,252)
> Median home value; March 2021: $279,389
> 1-yr. population change: +2.8% (+1,315)
> Population: 48,629
> 1-yr. change in median household income: +7.1% (+ $4,943)
> Median household income: $74,515

This is How Much Home You Can Buy For 200K in Every State

21. Camden, New Jersey
> 1-yr. change in median home value: +20.9% (+$13,130)
> Median home value; March 2021: $75,940
> 1-yr. population change: -0.8% (-606)
> Population: 74,002
> 1-yr. change in median household income: -0.2% (- $55)
> Median household income: $27,015

This is How Much Home You Can Buy For 200K in Every State

20. Bridgeport, Connecticut
> 1-yr. change in median home value: +21.2% (+$43,522)
> Median home value; March 2021: $248,972
> 1-yr. population change: -0.5% (-778)
> Population: 145,639
> 1-yr. change in median household income: +2.7% (+ $1,221)
> Median household income: $46,662

This is How Much Home You Can Buy For 200K in Every State

19. Calumet City, Illinois
> 1-yr. change in median home value: +21.2% (+$21,915)
> Median home value; March 2021: $125,321
> 1-yr. population change: -0.8% (-305)
> Population: 36,551
> 1-yr. change in median household income: +4.2% (+ $1,803)
> Median household income: $44,456

This is How Much Home You Can Buy For 200K in Every State

18. Buckeye, Arizona
> 1-yr. change in median home value: +21.3% (+$53,769)
> Median home value; March 2021: $306,466
> 1-yr. population change: +6.3% (+4,114)
> Population: 69,744
> 1-yr. change in median household income: +8.8% (+ $5,775)
> Median household income: $71,707

This is How Much Home You Can Buy For 200K in Every State

17. Avondale, Arizona
> 1-yr. change in median home value: +21.3% (+$53,819)
> Median home value; March 2021: $306,167
> 1-yr. population change: +1.6% (+1,344)
> Population: 84,736
> 1-yr. change in median household income: +4.9% (+ $2,887)
> Median household income: $61,825

This is How Much Home You Can Buy For 200K in Every State

16. Glendale, Arizona
> 1-yr. change in median home value: +21.4% (+$54,690)
> Median home value; March 2021: $310,845
> 1-yr. population change: +0.9% (+2,299)
> Population: 247,813
> 1-yr. change in median household income: +5.2% (+ $2,706)
> Median household income: $55,020

This is How Much Home You Can Buy For 200K in Every State

15. Bozeman, Montana
> 1-yr. change in median home value: +21.4% (+$100,512)
> Median home value; March 2021: $571,237
> 1-yr. population change: +3.6% (+1,625)
> Population: 46,746
> 1-yr. change in median household income: +7.1% (+ $3,673)
> Median household income: $55,569

This is How Much Home You Can Buy For 200K in Every State

14. Phoenix, Arizona
> 1-yr. change in median home value: +21.7% (+$57,980)
> Median home value; March 2021: $325,684
> 1-yr. population change: +1.4% (+22,946)
> Population: 1,633,017
> 1-yr. change in median household income: +4.9% (+ $2,694)
> Median household income: $57,459

This is How Much Home You Can Buy For 200K in Every State

13. Coeur d’Alene, Idaho
> 1-yr. change in median home value: +22.3% (+$82,137)
> Median home value; March 2021: $451,144
> 1-yr. population change: +1.9% (+931)
> Population: 50,540
> 1-yr. change in median household income: +4.5% (+ $2,180)
> Median household income: $51,073

This is How Much Home You Can Buy For 200K in Every State

12. Youngstown, Ohio
> 1-yr. change in median home value: +22.6% (+$6,516)
> Median home value; March 2021: $35,375
> 1-yr. population change: +0.1% (+49)
> Population: 64,783
> 1-yr. change in median household income: +6.9% (+ $1,871)
> Median household income: $28,822

This is How Much Home You Can Buy For 200K in Every State

11. Cleveland, Ohio
> 1-yr. change in median home value: +22.8% (+$15,608)
> Median home value; March 2021: $84,157
> 1-yr. population change: -0.5% (-2,116)
> Population: 385,282
> 1-yr. change in median household income: +6.5% (+ $1,899)
> Median household income: $30,907

This is How Much Home You Can Buy For 200K in Every State

10. East Orange, New Jersey
> 1-yr. change in median home value: +23.0% (+$61,540)
> Median home value; March 2021: $329,498
> 1-yr. population change: -0.0% (-26)
> Population: 64,374
> 1-yr. change in median household income: +7.3% (+ $3,263)
> Median household income: $48,072

This is How Much Home You Can Buy For 200K in Every State

9. Waterbury, Connecticut
> 1-yr. change in median home value: +23.0% (+$30,910)
> Median home value; March 2021: $165,465
> 1-yr. population change: -0.4% (-396)
> Population: 108,276
> 1-yr. change in median household income: +1.9% (+ $784)
> Median household income: $42,401

This is How Much Home You Can Buy For 200K in Every State

8. Detroit, Michigan
> 1-yr. change in median home value: +23.2% (+$9,197)
> Median home value; March 2021: $48,813
> 1-yr. population change: -0.3% (-2,314)
> Population: 674,841
> 1-yr. change in median household income: +4.8% (+ $1,413)
> Median household income: $30,894

This is How Much Home You Can Buy For 200K in Every State

7. Warren, Ohio
> 1-yr. change in median home value: +23.3% (+$10,068)
> Median home value; March 2021: $53,287
> 1-yr. population change: -0.9% (-361)
> Population: 39,307
> 1-yr. change in median household income: +2.6% (+ $725)
> Median household income: $28,898

This is How Much Home You Can Buy For 200K in Every State

6. El Mirage, Arizona
> 1-yr. change in median home value: +24.3% (+$52,657)
> Median home value; March 2021: $269,452
> 1-yr. population change: +0.9% (+329)
> Population: 35,333
> 1-yr. change in median household income: +6.5% (+ $3,570)
> Median household income: $58,216

This is How Much Home You Can Buy For 200K in Every State

5. Meridian, Idaho
> 1-yr. change in median home value: +27.9% (+$101,935)
> Median home value; March 2021: $467,305
> 1-yr. population change: +5.0% (+4,897)
> Population: 101,905
> 1-yr. change in median household income: +4.8% (+ $3,258)
> Median household income: $71,389

This is How Much Home You Can Buy For 200K in Every State

4. Flint, Michigan
> 1-yr. change in median home value: +29.7% (+$8,495)
> Median home value; March 2021: $37,058
> 1-yr. population change: -0.6% (-602)
> Population: 96,559
> 1-yr. change in median household income: +4.0% (+ $1,117)
> Median household income: $28,834

This is How Much Home You Can Buy For 200K in Every State

3. Boise, Idaho
> 1-yr. change in median home value: +30.2% (+$104,534)
> Median home value; March 2021: $450,215
> 1-yr. population change: +0.8% (+1,815)
> Population: 226,115
> 1-yr. change in median household income: +5.7% (+ $3,237)
> Median household income: $60,035

This is How Much Home You Can Buy For 200K in Every State

2. Caldwell, Idaho
> 1-yr. change in median home value: +30.8% (+$76,363)
> Median home value; March 2021: $324,052
> 1-yr. population change: +3.2% (+1,682)
> Population: 54,887
> 1-yr. change in median household income: +3.3% (+ $1,587)
> Median household income: $49,046

This is How Much Home You Can Buy For 200K in Every State

1. Nampa, Idaho
> 1-yr. change in median home value: +31.0% (+$80,090)
> Median home value; March 2021: $338,654
> 1-yr. population change: +2.5% (+2,289)
> Population: 93,952
> 1-yr. change in median household income: +9.3% (+ $4,155)
> Median household income: $48,846

This is How Much Home You Can Buy For 200K in Every State

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