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.
