Special Report
States Where Home Values Increased The Most During COVID
December 10, 2022 8:53 am
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45. Illinois
> Change in median home value, 2019-2021: +10.7% (+$22,400)
> Median home value: $231,500 in 2021; $209,100 in 2019
> Change in median household income, 2019-2021: +4.4% – 16th smallest increase (+$3,018)
> Median household income: $72,205 in 2021; $69,187 in 2019
> Population change, 2019-2021: -0.0% – 6th largest decrease (-352)
> Population: 12,671,469 in 2021; 12,671,821 in 2019
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44. Connecticut
> Change in median home value, 2019-2021: +11.0% (+$30,800)
> Median home value: $311,500 in 2021; $280,700 in 2019
> Change in median household income, 2019-2021: +6.3% – 23rd largest increase (+$4,938)
> Median household income: $83,771 in 2021; $78,833 in 2019
> Population change, 2019-2021: +1.1% – 16th smallest increase (+40,310)
> Population: 3,605,597 in 2021; 3,565,287 in 2019
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43. Maryland
> Change in median home value, 2019-2021: +11.5% (+$38,300)
> Median home value: $370,800 in 2021; $332,500 in 2019
> Change in median household income, 2019-2021: +4.0% – 12th smallest increase (+$3,465)
> Median household income: $90,203 in 2021; $86,738 in 2019
> Population change, 2019-2021: +2.0% – 13th largest increase (+119,449)
> Population: 6,165,129 in 2021; 6,045,680 in 2019
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42. New Jersey
> Change in median home value, 2019-2021: +11.8% (+$41,000)
> Median home value: $389,800 in 2021; $348,800 in 2019
> Change in median household income, 2019-2021: +4.1% – 13th smallest increase (+$3,545)
> Median household income: $89,296 in 2021; $85,751 in 2019
> Population change, 2019-2021: +4.3% – 2nd largest increase (+384,940)
> Population: 9,267,130 in 2021; 8,882,190 in 2019
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41. Louisiana
> Change in median home value, 2019-2021: +12.0% (+$20,700)
> Median home value: $192,800 in 2021; $172,100 in 2019
> Change in median household income, 2019-2021: +2.0% – 3rd smallest increase (+$1,014)
> Median household income: $52,087 in 2021; $51,073 in 2019
> Population change, 2019-2021: -0.5% – 3rd largest decrease (-24,747)
> Population: 4,624,047 in 2021; 4,648,794 in 2019
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