When you factor in inflation, average median income and cost of living, fluctuations in U.S. home values are expected.
Home values vary nationwide and don’t increase at the same pace, time or rate. Between April 2021 and 2022, home prices rose nationally by more than 18%, growing faster than annual salaries.
GOBankingRates analyzed locations where home values have increased by 10% or more in the last year. This study provides the average home values of these places between April 2023 and 2024, highlighting both the dollar and percentage change.
Irvine, California
- April 2023 Home Value: $1,480,581
- April 2024 Home Value: $1,769,435
- YoY ($) Change in Home Value: $288,854
- YoY (%) Change in Home Value: 19.51%
Waterbury, Connecticut
- April 2023 Home Value: $228,149
- April 2024 Home Value: $267,105
- YoY ($) Change in Home Value: $38,956
- YoY (%) Change in Home Value: 17.07%
Rockford, Illinois
- April 2023 Home Value: $132,541
- April 2024 Home Value: $152,441
- YoY ($) Change in Home Value: $19,901
- YoY (%) Change in Home Value: 15.01%
New Britain, Connecticut
- April 2023 Home Value: $239,394
- April 2024 Home Value: $274,979
- YoY ($) Change in Home Value: $35,585
- YoY (%) Change in Home Value: 14.86%
Lakewood, New Jersey
- April 2023 Home Value: $655,259
- April 2024 Home Value: $751,412
- YoY ($) Change in Home Value: $96,153
- YoY (%) Change in Home Value: 14.67%
Tustin, California
- April 2023 Home Value: $1,104,754
- April 2024 Home Value: $1,262.369
- YoY ($) Change in Home Value: $157,615
- YoY (%) Change in Home Value: 14.27%
Mission Viejo, California
- April 2023 Home Value: $1,095,410
- April 2024 Home Value: $1,251,158
- YoY ($) Change in Home Value: $1545,748
- YoY (%) Change in Home Value: 14.22%
Lake Forest, California
- April 2023 Home Value: $1,121,483
- April 2024 Home Value: $1,275,805
- YoY ($) Change in Home Value: $154,322
- YoY (%) Change in Home Value: 13.76%
Newton, Massachusetts
- April 2023 Home Value: $1,497,386
- April 2024 Home Value: $1,700,207
- YoY ($) Change in Home Value: $202,821
- YoY (%) Change in Home Value: 13.54%
Carlsbad, California
- April 2023 Home Value: $1,469,899
- April 2024 Home Value: $1,666,351
- YoY ($) Change in Home Value: $196,452
- YoY (5) Change in Home Value: 13.36%
Syracuse, New York
- April 2023 Home Value: $162,736
- April 2024 Home Value: $184,080
- YoY ($) Change in Home Value: $21,344
- YoY (%) Change in Home Value: 13.12%
Stamford, Connecticut
- April 2023 Home Value: $730,669
- April 2024 Home Value: $826,497
- YoY ($) Change in Home Value: $95,829
- YoY (%) Change in Home Value: 13.12%
Milpitas, California
- April 2023 Home Value: $1,420,354
- April 2024 Home Value: $1,605,206
- YoY ($) Change in Home Value: $184,854
- YoY (%) Change in Home Value: 13.01%
Elizabeth, New Jersey
- April 2023 Home Value: $460,247
- April 2024 Home Value: $520,146
- YoY ($) Change in Home Value: $58.899
- YoY (%) Change in Home Value: 13.01%
Fremont, California
- April 2023 Home Value: $1,501,010
- April 2024 Home Value: $1,691,180
- YoY ($) Change in Home Value: $190,170
- YoY (%) Change in Home Value: 12.67%
San Diego
- April 2023 Home Value: $1,032,897
- April 2024 Home Value: $1,163,681
- YoY ($) Change in Home Value: $130,784
- YoY (%) Change in Home Value: 12.66%
El Cajon, California
- April 2023 Home Value: $769,299
- April 2024 Home Value: $866,197
- YoY ($) Change in Home Value: $96,898
- YoY (5) Change in Home Value: $12.60%
Bridgeport, Connecticut
- April 2023 Home Value: $317,828
- April 2024 Home Value: $ 357,794
- YoY ($) Change in Home Value: $39,967
- YoY (%) Change in Home Value: 12.57%
Westminster, California
- April 2023 Home Value: $935,156
- April 2024 Home Value: $1,051,713
- YoY ($) Change in Home Value: $116,557
- YoY (%) Change in Home Value: 12.46%
Pictured: Nearby Santa Ana, California
Newport Beach, California
- April 2023 Home Value: $3,462,313
- April 2024 Home Value: $3,889,614
- YoY ($) Change in Home Value: $427,301
- YoY (5) Change in Home Value: 12.34%
La Mesa, California
- April 2023 Home Value: $853,305
- April 2024 Home Value: $958,144
- YoY ($) Change in Home Value: $104,839
- YoY (%) Change in Home Value: 12.29%
Mount Pleasant, South Carolina
- April 2023 Home Value: $785,268
- April 2024 Home Value: $881,275
- YoY ($) Change in Home Value: $96,007
- YoY (%) Change in Home Value: 12.23%
Wilkes-Barre, Pennsylvania
- April 2023 Home Value: $132,996
- April 2024 Home Value: $149.196
- YoY ($) Change in Home Value: $16,200
- YoY (%) Change in Home Value: 12.18%
Norwalk, Connecticut
- April 2023 Home Value: $596,022
- April 2024 Home Value: $668,538
- YoY ($) Change in Home Value: $72,516
- YoY (%) Change in Home Value: 12.17%
Orange, California
- April 2023 Home Value: $1,011,799
- April 2024 Home Value: $1,134,680
- YoY ($) Change in Home Value: $122,881
- YoY (%) Change in Home Value: 12.14%
Miami Gardens, Florida
- April 2023 Home Value: $418,688
- April 2024 Home Value: $469,300
- YoY ($) Change in Home Value: $50,612
- YoY (%) Change in Home Value: 12.09%
San Jose, California
- April 2023 Home Value: $1,412,048
- April 2024 Home Value: $1,581,617
- YoY ($) Change in Home Value: $169,568
- YoY (%) Change in Home Value: 12.01%
Garden Grove, California
- April 2023 Home Value: $865,996
- April 2024 Home Value: $969,938
- YoY ($) Change in Home Value: $103,942
- YoY (%) Change in Home Value: 12.00%
Racine, Wisconsin
- April 2023 Home Value: $166,043
- April 2024 Home Value: $185,798
- YoY ($) Change in Home Value: $19,754
- YoY (%) Change in Home Value: 11.90%
Glen Allen, Virginia
- April 2023 Home Value: $448,159
- April 2024 Home Value: $501.063
- YoY ($) Change in Home Value: $52,904
- YoY (%) Change in Home Value: 11.80%
Sunnyvale, California
- April 2023 Home Value: $2,110,656
- April 2024 Home Value: $2,359,549
- YoY ($) Change in Home Value: $248,893
- YoY (%) Change in Home Value: 11.79%
Chula Vista, California
- April 2023 Home Value: $812,417
- April 2024 Home Value: $907,816
- YoY ($) Change in Home Value: $95,399
- YoY (%) Change in Home Value: 11.74%
Costa Mesa, California
- April 2023 Home Value: $1,236,641
- April 2024 Home Value: $1,381,551
- YoY ($) Change in Home Value: $144,910
- YoY (%) Change in Home Value: 11.72%
Vista, California
- April 2023 Home Value: $809,742
- April 2024 Home Value: $904,390
- YoY ($) Change in Home Value: $94,648
- YoY (%) Change in Home Value: 11.69%
Santa Clara, California
- April 2023 Home Value: $1,643,925
- April 2024 Home Value: $1,835,803
- YoY ($) Change in Home Value: $191,878
- YoY (%) Change in Home Value: 11.67%
Pictured: San Jose
Danbury, Connecticut
- April 2023 Home Value: $433,817
- April 2024 Home Value: $484,403
- YoY ($) Change in Home Value: $50,586
- YoY (%) Change in Home Value: 11.66%
Green Bay, Wisconsin
- April 2023 Home Value: $226,333
- April 2024 Home Value: $252,624
- YoY ($) Change in Home Value: $26,291
- YoY (%) Change in Home Value: 11.62%
Edison, New Jersey
- April 2023 Home Value: $549,721
- April 2024 Home Value: $613,135
- YoY ($) Change in Home Value: $63,414
- YoY (%) Change in Home Value: 11.54%
Spring Valley, California
- April 2023 Home Value: $701,487
- April 2024 Home Value: $781,872
- YoY ($) Change in Home Value: $80,384
- YoY (%) Change in Home Value: 11.46%
Trenton, New Jersey
- April 2023 Home Value: $290,872
- April 2024 Home Value: $324,136
- YoY ($) Change in Home Value: $33,264
- YoY (%) Change in Home Value: 11.44%
Lowell, Massachusetts
- April 2023 Home Value: $456,515
- April 2024 Home Value: $508,605
- YoY ($) Change in Home Value: $52,090
- YoY (%) Change in Home Value: 11.41%
Brick, New Jersey
- April 2023 Home Value: $435,314
- April 2024 Home Value: $484,958
- YoY ($) Change in Home Value: $49,645
- YoY (%) Change in Home Value: 11.40%
Huntington Beach, California
- April 2023 Home Value: $1,250,781
- April 2024 Home Value: $1,392,934
- YoY ($) Change in Home Value: $142,153
- YoY (%) Change in Home Value: 11.37%
San Marcos, California
- April 2023 Home Value: $927,726
- April 2024 Home Value: $1,032,955
- YoY ($) Change in Home Value: $105,229
- YoY (%) Change in Home Value: 11.34%
Peoria, Illinois
- April 2023 Home Value: $109,456
- April 2024 Home Value: $121,845
- YoY ($) Change in Home Value: $12,389
- YoY (%) Change in Home Value: 11.32%
Santa Ana, California
- April 2023 Home Value: $776,273
- April 2024 Home Value: $864,018
- YoY ($) Change in Home Value: $87,745
- YoY (%) Change in Home Value: 11.30%
Providence, Rhode Island
- April 2023 Home Value: $350,942
- April 2024 Home Value: $390,530
- YoY ($) Change in Home Value: $39,588
- YoY (%) Change in Home Value: 11.28%
Naperville, Illinois
- April 2023 Home Value: $530,382
- April 2024 Home Value: $590,197
- YoY ($) Change in Home Value: $59,814
- YoY (%) Change in Home Value: 11.28%
Oceanside, California
- April 2023 Home Value: $818,038
- April 2024 Home Value: $910,273
- YoY ($) Change in Home Value: $92,235
- YoY (%) Change in Home Value: 11.28%
Knoxville, Tennessee
- April 2023 Home Value: $319,927
- April 2024 Home Value: $355,940
- YoY ($) Change in Home Value: $36,013
- YoY (%) Change in Home Value: 11.26%
Methodology: For this piece, GOBankingRates used Zillow’s April 2024 data to find the cities where home values have jumped over 10% from April 2023 to April 2024. Only those within the 750 biggest housing markets were included. All data was collected on and is up to date as of June 25, 2024.