The Pandemic Housing Market in Every State

The pandemic's effect on home values may surprise you.

By Jordan Rosenfeld March 14, 2021 Real Estate Investing 101

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The coronavirus pandemic has had a dramatic impact on pretty much every aspect of our lives and the economy, including the housing market. Some states like Alaska have seen very small increases in home values, while other states such as Florida, California and Idaho have seen significant increases in value despite the economic hardship of the past year.

Find Out: 40 Cities That Could Be Poised For a Housing Crisis

To determine the way the housing market has been changed by the virus, GOBankingRates used Zillow’s Single Family Residence Home Value time series data for all 50 U.S. states and D.C., and then ranked all the states against each other — from smallest percentage change to biggest. All data was collected on and up to date as of Feb. 23, 2021.

Read on to see how the pandemic has impacted the housing market in every state.

Last updated: March 10, 2021

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51. Alaska

Home value (Feb. 2020): $301,202
Home value (Jan. 2021): $303, 572
Gross change over COVID-19: $2,370
% change: 0.79%

Read: 50 Cities With the Most Overpriced Homes

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50. North Dakota

Home value (Feb. 2020): $238,427
Home value (Jan. 2021): $244,647
Gross change over COVID-19: $6,220
% change: 2.61%

See: The 50 Best Places To Buy a Home for Under $250,000

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49. Wyoming

Home value (Feb. 2020): $253,573
Home value (Jan. 2021): $261,738
Gross change over COVID-19: $8,165
% change: 3.22%

More: 10 US Cities With Plenty of Jobs and Cheap Housing

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48. Iowa

Home value (Feb. 2020): $154,774
Home value (Jan. 2021): $160,181
Gross change over COVID-19: $5,407
% change: 3.49%

Find Out: The Best Hidden Gem Destinations in Every State

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47. District of Columbia

Home value (Feb. 2020): $735,871
Home value (Jan. 2021): $763,385
Gross change over COVID-19: $27,514
% change: 3.74%

Read: Great Places to Retire Where Rent Is Under $1,000 a Month

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46. Louisiana

Home value (Feb. 2020): $172,418
Home value (Jan. 2021): $179,636
Gross change over COVID-19: $7,218
% change: 4.19%

Helpful: Best Places To Live On a $50,000 Salary in Every State

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45. West Virginia

Home value (Feb. 2020): $108,586
Home value (Jan. 2021): $113,476
Gross change over COVID-19: $4,890
% change: 4.50%

See: 50 Cities With the Most Underpriced Homes

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44. Mississippi

Home value (Feb. 2020): $128,061
Home value (Jan. 2021): $133,952
Gross change over COVID-19: $5,891
% change: 4.60%

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43. South Dakota

Home value (Feb. 2020): $214,846
Home value (Jan. 2021): $226,222
Gross change over COVID-19: $11,376
% change: 5.29%

Find Out: This Is the Salary You Need To Afford the Average Home in Your State

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42. Hawaii

Home value (Feb. 2020): $734,559
Home value (Jan. 2021): $776,498
Gross change over COVID-19: $41,939
% change: 5.71%

Check Out: The Average Retirement Age in Every State

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41. Vermont

Home value (Feb. 2020): $266,137
Home value (Jan. 2021): $281,775
Gross change over COVID-19: $15,638
% change: 5.88%

More: What Homes Will Be Worth in Your State by the End of 2021

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40. Illinois

Home value (Feb. 2020): $208,459
Home value (Jan. 2021): $221,307
Gross change over COVID-19: $12,848
% change: 6.16%

See: The Real Value of $100 in Every State

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39. Arkansas

Home value (Feb. 2020): $133,328
Home value (Jan. 2021): $141,769
Gross change over COVID-19: $8,441
% change: 6.33%

Read: Cheapest Places To Buy a Home in Every State

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38. Oklahoma

Home value (Feb. 2020): $133,646
Home value (Jan. 2021): $142,612
Gross change over COVID-19: $8,966
% change: 6.71%

Read: What You Actually Take Home From a $200,000 Salary in Every State

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37. Nebraska

Home value (Feb. 2020): $180,202
Home value (Jan. 2021): $192,721
Gross change over COVID-19: $12,519
% change: 6.95%

See: 50 Most Expensive Small Towns in America

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36. Kentucky

Home value (Feb. 2020): $150,191
Home value (Jan. 2021): $160,659
Gross change over COVID-19: $10,468
% change: 6.97%

Check Out: The Most Expensive Suburbs in Every State

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35. Texas

Home value (Feb. 2020): $210,162
Home value (Jan. 2021): $225,336
Gross change over COVID-19: $15,174
% change: 7.22%

Find Out: Houses in These 29 Cities Are Suddenly Major Bargains

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34. Virginia

Home value (Feb. 2020): $289,297
Home value (Jan. 2021): $310,787
Gross change over COVID-19: $21,490
% change: 7.43%

Take a Look: Richest ZIP Codes in Every State

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33. Minnesota

Home value (Feb. 2020): $266,563
Home value (Jan. 2021): $286,903
Gross change over COVID-19: $20,340
% change: 7.63%

More: 50 Cities With the Most Homes Under $100K

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32. Kansas

Home value (Feb. 2020): $156,007
Home value (Jan. 2021): $167,945
Gross change over COVID-19: $11,938
% change: 7.65%

See: These Are the 50 Best Cities for Gen Z To Live Well on a Budget

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31. South Carolina

Home value (Feb. 2020): $194,470
Home value (Jan. 2021): $209,360
Gross change over COVID-19: $14,890
% change: 7.66%

Read: The 20 Hardest Places To Sell a Home

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30. New York

Home value (Feb. 2020): $273,907
Home value (Jan. 2021): $296,500
Gross change over COVID-19: $22,593
% change: 8.25%

Keep Reading: The Upper Class Has Taken Over These 50 Cities

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29. Alabama

Home value (Feb. 2020): $146,057
Home value (Jan. 2021): $158,136
Gross change over COVID-19: $12,079
% change: 8.27%

See: The Cheapest Neighborhoods in the 50 Biggest US Cities

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28. Maryland

Home value (Feb. 2020): $323,163
Home value (Jan. 2021): $349,953
Gross change over COVID-19: $26,790
% change: 8.29%

Find Out: How Far a $100,000 Salary Goes in America’s 50 Largest Cities

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27. Colorado

Home value (Feb. 2020): $418,568
Home value (Jan. 2021): $453,730
Gross change over COVID-19: $35,162
% change: 8.40%

Find Out: The Best Place to Buy a Home in Every State

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26. Nevada

Home value (Feb. 2020): $318,430
Home value (Jan. 2021): $345,223
Gross change over COVID-19: $26,793
% change: 8.41%

Want To Retire In One of America’s Safest Cities? $1 Million Might Not Get You Far

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25. Florida

Home value (Feb. 2020): $261,562
Home value (Jan. 2021): $283,759
Gross change over COVID-19: $22,197
% change: 8.49%

More: How Much Home You Can Buy for $300,000 in Every State

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24. Missouri

Home value (Feb. 2020): $166,749
Home value (Jan. 2021): $181,171
Gross change over COVID-19: $14,422
% change: 8.65%

Look: 50 Best Cities for Job Seekers Over 50

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23. Indiana

Home value (Feb. 2020): $159,120
Home value (Jan. 2021): $173,033
Gross change over COVID-19: $13,913
% change: 8.74%

Read: Tips To Get Your Mortgage Payments as Low as Possible

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22. Georgia

Home value (Feb. 2020): $206,034
Home value (Jan. 2021): $224,086
Gross change over COVID-19: $18,052
% change: 8.76%

Check Out: The Most Affordable Downtowns To Live In Across America

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21. North Carolina

Home value (Feb. 2020): $208,660
Home value (Jan. 2021): $227,188
Gross change over COVID-19: $18,528
% change: 8.88%

See: How the Coronavirus Pandemic Is Affecting Renters vs. Homeowners

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20. Wisconsin

Home value (Feb. 2020): $197,214
Home value (Jan. 2021): $215,277
Gross change over COVID-19: $18,063
% change: 9.16%

Be Aware: The Best and Worst Cities To Own Investment Property

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19. Pennsylvania

Home value (Feb. 2020): $198,284
Home value (Jan. 2021): $216,793
Gross change over COVID-19: $18,509
% change: 9.33%

Find Out: 45 Great Cities With Shockingly Cheap Real Estate

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18. Delaware

Home value (Feb. 2020): $260,456
Home value (Jan. 2021): $284,932
Gross change over COVID-19: $24,476
% change: 9.40%

Read: 30 Places in America That Are Getting Poorer

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17. Montana

Home value (Feb. 2020): $296,054
Home value (Jan. 2021): $324,020
Gross change over COVID-19: $27,966
% change: 9.45%

More: Paychecks Are Getting Bigger in These Boomtowns

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16. Oregon

Home value (Feb. 2020): $371,066
Home value (Jan. 2021): $406,372
Gross change over COVID-19: $35,306
% change: 9.51%

Find Out: 50 Cities Where Homeowners Stay Rooted the Longest

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15. Michigan

Home value (Feb. 2020): $173,497
Home value (Jan. 2021): $190,206
Gross change over COVID-19: $16,709
% change: 9.63%

Read: What the Average Home Price Today Could Buy the Year You Were Born

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14. Tennessee

Home value (Feb. 2020): $188,426
Home value (Jan. 2021): $206,714
Gross change over COVID-19: $18,288
% change: 9.71%

Be Aware: 30 Cities That Are Getting Too Expensive for Retirees

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13. Ohio

Home value (Feb. 2020): $154,313
Home value (Jan. 2021): $169,516
Gross change over COVID-19: $15,203
% change: 9.85%

See: Best Places To Own a Home For Less Than $1,000 a Month

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12. California

Home value (Feb. 2020): $577,321
Home value (Jan. 2021): $636,334
Gross change over COVID-19: $59,013
% change: 10.22%

Find Out: Most and Least Educated Cities in America

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11. New Mexico

Home value (Feb. 2020): $209,447
Home value (Jan. 2021): $231,168
Gross change over COVID-19: $21,721
% change: 10.37%

See: Places Where Your Retirement Will Cost Less Than $50,000 a Year

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10. New Jersey

Home value (Feb. 2020): $350,153
Home value (Jan. 2021): $386,774
Gross change over COVID-19: $36,621
% change: 10.46%

Read: Most Surprising Cities To Live In If You Want To Make a Lot of Money

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9. Massachusetts

Home value (Feb. 2020): $439,466
Home value (Jan. 2021): $485,548
Gross change over COVID-19: $46,082
% change: 10.49%

More: From Alabama to Wyoming: The Cost of Living Across America

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8. Connecticut

Home value (Feb. 2020): $274,831
Home value (Jan. 2021): $306,420
Gross change over COVID-19: $31,589
% change: 11.49%

Check Out: Don’t Overlook These Hidden Gem Cities With a High Quality of Life

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7. Rhode Island

Home value (Feb. 2020): $311,219
Home value (Jan. 2021): $347,000
Gross change over COVID-19: $35,781
% change: 11.50%

Read: Houses Are Selling the Fastest in These 10 Real Estate Markets

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6. Maine

Home value (Feb. 2020): $245,997
Home value (Jan. 2021): $274,530
Gross change over COVID-19: $28,533
% change: 11.60%

Look: Homes in These 25 Waterfront Cities Are a Total Steal

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5. New Hampshire

Home value (Feb. 2020): $307,177
Home value (Jan. 2021): $343,507
Gross change over COVID-19: $36,330
% change: 11.83%

See: This Is the Living Wage You Need in All 50 States

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4. Washington

Home value (Feb. 2020): $426,147
Home value (Jan. 2021): $477,767
Gross change over COVID-19: $51,620
% change: 12.11%

Keep Reading: 30 Cities Where You Can Thrive Without a Full-Time Job

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3. Utah

Home value (Feb. 2020): $361,508
Home value (Jan. 2021): $407,839
Gross change over COVID-19: $46,331
% change: 12.82%

Find Out: 10 Tips To Increase Your Home Value on Any Budget

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2. Arizona

Home value (Feb. 2020): $278,072
Home value (Jan. 2021): $321,958
Gross change over COVID-19: $43,886
% change: 15.78%

Check Out: Rising Sea Levels Are Hurting Home Values in These 40 Cities

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1. Idaho

Home value (Feb. 2020): $296,391
Home value (Jan. 2021): $349,672
Gross change over COVID-19: $53,281
% change: 17.98%

More: 20 Home Renovations That Will Hurt Your Home’s Value

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US Average

Home value (Feb. 2020): $247,000
Home value (Jan. 2021): $269,000
Gross change over COVID-19: $22,000
% change: 8.91%

More From GOBankingRates

Methodology: For this piece, GOBankingRates used Zillow’s Single Family Residence Home Value time series data for all 50 US states and D.C. For each state, GOBankingRates found (1) the February 2020 home value; (2) the January 2021 home value; (3) the gross change ($) over the course of COVID-19; and (4) the percent change to home value over the course of COVID-19. GOBankingRates ranked all the states against each other solely based on factor (4). All data was collected on and up to date as of Feb. 23, 2021.

About the Author

Jordan Rosenfeld

Jordan Rosenfeld is a freelance writer and author of nine books. She holds a B.A. from Sonoma State University and an MFA from Bennington College. Her articles and essays about finances and other topics has appeared in a wide range of publications and clients, including The Atlantic, The Billfold, Good Magazine, GoBanking Rates, Daily Worth, Quartz, Medical Economics, The New York Times, Ozy, Paypal, The Washington Post and for numerous business clients. As someone who had to learn many of her lessons about money the hard way, she enjoys writing about personal finance to empower and educate people on how to make the most of what they have and live a better quality of life.