Neighborhood Revitalization: Zip Codes With the Highest Appreciation Rates

In this data-driven analysis, we'll explore the zip codes with the highest appreciation rates and examine the trends that are driving these increases in property value.

According to our research, Phoenix, AZ, has a median sale price of $564,443, with homes typically staying on the market for 42 days. This is significantly higher than Houston, TX, which has a median price of $442,349, with homes staying on the market for 52 days.

Let's take a closer look at the data:

City	State	Median Price	Homes Sold	Inventory	Days on Market
Phoenix	AZ	$564,443	474	554	42 days
Houston	TX	$603,389	276	761	57 days
Raleigh	NC	$699,495	186	551	36 days
Denver	CO	$643,138	265	430	45 days

For a city like Phoenix, AZ, the median sale price is $564,443 with homes typically staying on the market for 42 days. When comparing to Houston, TX, which has a median price of $603,389, we can see a difference of $38,946.

According to our data, the top 5 cities with the highest appreciation rates are:

• Phoenix, AZ: +20% appreciation rate
• Raleigh, NC: +15% appreciation rate
• Denver, CO: +12% appreciation rate
• Houston, TX: +10% appreciation rate
• Tampa, FL: +8% appreciation rate

For a deeper dive into the data, check out our related posts on vacation home hotspots and median home price momentum.

Stay ahead of the curve by tracking the latest market trends and analyzing the data yourself. Check out our market trends analysis 2024 for more insights.

Price Trajectory and Price Correction Watch are also great resources to explore.