Median Home Values Above Pre-Recession Peaks

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Median Home Values Above Pre-Recession Peaks

Like a Phoenix rising from the ashes, home prices have exceeded their pre-recession peak. An analysis from ATTOM Data Solutions, reports Median price above pre-recession peaks in 54% of US metros.

United States Home Prices & Values

According to Zillow’s Home Value Index, the median home value in the United States is $213,146. United States home values have gone up 8.0% over the past year and Zillow predicts they will rise 4.2% within the next year. The median list price per square foot in the United States is $141. The median price of homes currently listed in the United States is $261,500 while the median price of homes that sold is $232,300. The median rent price in the United States is $1,600.

California Home Prices & Values

According to Zillow’s Home Value Index, the median home value in California is $537,315. California home values have gone up 9.0% over the past year and Zillow predicts they will rise 5.0% within the next year. The median list price per square foot in California is $299. The median price of homes currently listed in California is $499,900 while the median price of homes that sold is $472,900. The median rent price in California is $2,650.

By |2018-07-18T20:45:52+00:00April 20th, 2018|Categories: General|0 Comments

About the Author:

G. David Lapin is the president and Broker of Record of HanoverMC, a private money lending and trust deed investment firm located in Orange County, California and is an author and speaker on the topic of private money lending and trust deed investing. Lapin was most recently featured in Robert Irwin’s book “Armchair Real Estate Investor” and hosted his own radio show “The Hard Money Hour”. Lapin's professional career in real estate encompasses 30 years of entrepreneurial experience in both the commercial and residential sectors, bridging property management, development, construction, investment sales and finance including residential mortgage banking and brokerage - originating, processing and closing 5,000 + purchase & refinance transactions, and the underwriting and funding of private money transactions.

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