Top Five States fastest rising Real Estate Prices

Market Trends

The Top Five States with fastest rising real estate prices

The Federal Housing Finance Agency reported the home value appreciation numbers for the U.S Market for March 31, 2018 through March 31, 2019.

The report identified the five states with the fastest annual appreciation as:

1)     Idaho                   13.4%

2)     Nevada                10.6%

3)     Utah                    8.9%

4)     Tennessee           7.7%

5)     Georgia               7.5%

 Map state housing prices 2019

 The report also noted the slowing West Coast housing market saying, “Annual house price appreciation was weakest in the Pacific division, where prices rose by 3.7percent.”

Some notable states cited as being below the national average in appreciation were:

#32 Texas            4.38%

#35 Oregon        4.0%

#38 California    3.18%

#40 Montana     3.08%

 As for Idaho…

Idaho home prices significantly appreciated in value by 13.4 percent year over year…well above the national home price appreciation of 5.1 percent.

Top ten fastest growing cities

Of the 100 top price appreciating metropolitan areas in the U.S. Boise City, ID saw the greatest increase of 15.6 percent.

Coeur d’Alene, ID was the sixth highest appreciating city in the country with home values increasing 12.10 percent, during the same period.

 See why people are attracted to North Idaho here