Advertiser Disclosure

The Pandemic Housing Market in Every State

March 14, 2021

8 min Read

Written by Jordan Rosenfeld

Edited by Charlotte McMullen

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.

20 YearsHelping You Live Richer

Reviewed by Experts

Trusted by Millions of Readers

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.

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

51. Alaska

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

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%

49. Wyoming

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

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:

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%

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:

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%

44. Mississippi

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

Related:

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%

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:

41. Vermont

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

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:

39. Arkansas

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

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:

37. Nebraska

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

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:

35. Texas

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

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:

33. Minnesota

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

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:

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%

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:

29. Alabama

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

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:

27. Colorado

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

26. Nevada

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

25. Florida

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

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:

23. Indiana

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

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:

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%

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:

19. Pennsylvania

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

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:

17. Montana

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

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:

15. Michigan

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

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:

13. Ohio

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

12. California

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

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%

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:

9. Massachusetts

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

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:

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%

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:

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%

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:

3. Utah

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

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:

1. Idaho

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

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.

Commitment to Our Readers

51. Alaska

50. North Dakota

49. Wyoming

48. Iowa

47. District of Columbia

46. Louisiana

45. West Virginia

44. Mississippi

43. South Dakota

42. Hawaii

41. Vermont

40. Illinois

39. Arkansas

38. Oklahoma

37. Nebraska

36. Kentucky

35. Texas

34. Virginia

33. Minnesota

32. Kansas

31. South Carolina

30. New York

29. Alabama

28. Maryland

27. Colorado

26. Nevada

25. Florida

24. Missouri

23. Indiana

22. Georgia

21. North Carolina

20. Wisconsin

19. Pennsylvania

18. Delaware

17. Montana

16. Oregon

15. Michigan

14. Tennessee

13. Ohio

12. California

11. New Mexico

10. New Jersey

9. Massachusetts

8. Connecticut

7. Rhode Island

6. Maine

5. New Hampshire

4. Washington

3. Utah

2. Arizona

1. Idaho

US Average

You May Also Like

Make your money work for you

Thanks!

BEFORE YOU GO

See Today's BestBanking Offers

Sending you timely financial stories that you can bank on.

Looks like you're using an adblocker

See Today's Best
Banking Offers