home

Home Prices in the 100 Largest Metro Areas

What’s happening in the market where you live?

This table shows changes in prices for existing homes (single-family houses and condos) in 2020 for the 100 largest metro areas tracked by Clear Capital. Clear Capital tracks price changes based on a sample of existing homes and condos in each metro area that have been sold multiple times over various periods of time. That means the home values shown may differ from other measures that are based only on sales during a particular time period.

The table also shows the change in home prices since the peak of the national market in mid 2006. Prices in three-fourths of the cities in 2020 met or exceeded their previous peak. In addition, we show how far prices have risen since the bottom of the market in early 2012. Prices in one-fifth of the 100 cities have doubled since then.

The affordability index shows the relative affordability of cities (1 is the most affordable, 10 is the least affordable). It’s based on the percentage of annual income required to buy a median-priced home in each metro area in late 2020. The least affordable city is New York City, and the most affordable is Augusta, Ga.

At the end of 2020, home prices rose faster than rents in 83% of the 915 counties analyzed by ATTOM Data Solutions, and prices have risen more than wages in nearly two-thirds of the nation. Yet owning a median-priced three-bedroom home is more affordable than renting a three-bedroom property in 63% of those markets. However, ATTOM’s analysis shows that renting is more affordable than buying a home in 18 of the nation’s 25 most populated counties. Cities with more than 1 million people where it’s more affordable to buy a home than rent include Phoenix and Las Vegas.

Metro AreaMedian Home Price% Change
1 Year
% Change
Since Peak*
% Change
Since Bottom†
Affordability Index
Akron, Ohio$150,00010.1%6.3%62.8%2
Albany, N.Y.215,00011.717.541.44
Albuquerque, N.M.180,00011.611.555.36
Atlanta, Ga.250,0009.521.3115.04
Augusta, Ga.169,0007.513.837.21
Austin, Texas340,0009.995.297.09
Bakersfield, Calif.245,00012.4-11.689.87
Baltimore, Md.287,5007.4-12.834.34
Baton Rouge, La.189,9005.210.627.35
Birmingham, Ala.186,0008.76.842.81
Boise City, Idaho290,4508.840.0147.39
Boston, Mass.444,0006.538.074.35
Bridgeport, Conn.460,00013.5-9.738.98
Buffalo, N.Y.160,00016.585.277.14
Cape Coral, Fla.214,930-2.3-26.665.98
Charleston, S.C.279,0007.823.371.19
Charlotte, N.C.255,0009.7-12.477.34
Chattanooga, Tenn.189,00010.346.471.74
Chicago, Ill.252,0009.7-12.477.35
Cincinnati, Ohio179,00010.128.072.31
Cleveland, Ohio146,00012.72.578.41
Colorado Springs, Colo.345,00011.257.785.68
Columbia, S.C.166,6258.816.149.73
Columbus, Ohio219,00013.838.793.94
Dallas, Texas225,550-7.953.380.45
Dayton, Ohio135,5008.48.862.71
Deltona, Fla.219,0006.4-4.9109.67
Denver, Colo.442,0006.882.599.08
Des Moines, Iowa207,0002.726.143.04
Detroit, Mich.181,81512.17.0136.94
Durham, N.C.272,0007.945.763.13
El Paso, Texas152,1925.313.623.96
Fresno, Calif.299,00012.7-5.891.89
Grand Rapids, Mich.210,00011.750.0116.15
Greensboro, N.C.160,00014.226.553.13
Greenville, S.C.205,0005.143.864.25
Harrisburg, Pa.175,00012.716.037.92
Hartford, Conn.237,50015.2-0.733.14
Honolulu, Hi.605,0003.342.745.810
Houston, Texas192,500-2.037.169.54
Indianapolis, Ind.185,00011.428.291.31
Jacksonville, Fla.245,0006.8-5.181.93
Kansas City, Mo.169,700-0.75.482.72
Knoxville, Tenn.196,00010.735.468.23
Lakeland, Fla.200,00010.2-6.1100.66
Lancaster, Pa.219.0008.534.946.56
Lansing-East. Lansing, Mich.138,00013.71.787.11
Las Vegas, Nev.305,0006.1-13.3122.67
Little Rock, Ark.155,0004.111.016.81
Los Angeles, Calif.710,0008.113.192.210
Louisville, Ky.180,0009.128.252.82
Madison, Wis.285,0008.639.662.97
McAllen, Texas84,2503.333.232.46
Memphis, Tenn.156,40012.711.980.82
Miami, Fla.302,0009.3-12.9101.68
Milwaukee, Wis.228,41712.40.568.92
Minneapolis-St. Paul, Minn.286,0008.214.476.85
Modesto, Calif.345,00014.7-2.2147.89
Nashville, Tenn.298,00010.269.394.45
New Haven, Conn.235,15017.1-13.952.67
New Orleans, La.210,00010.140.168.23
New York, N.Y.-N.J.450,0009.73.151.110
North Port-Sarasota, Fla.284,9007.1-3.686.38
Ogden, Utah289,50014.592.7120.110
Oklahoma City, Okla.170,0006.634.935.62
Omaha, Neb.200,0009.239.752.26
Orlando, Fla.262,0008.2-13.5102.07
Oxnard, Calif.650,00017.68.980.110
Palm Bay, Fla.210,00010.01.5112.95
Philadelphia, Pa.240,00011.06.948.41
Phoenix, Ariz.308,90011.94.198.67
Pittsburgh, Pa.158,000-0.624.338.22
Portland, Me.290,0007.334.873.59
Portland, Ore.420,0009.342.996.09
Providence, R.I.290,0008.22.079.87
Provo, Utah385,0006.355.2101.69
Raleigh, N.C.292,0006.837.954.46
Richmond, Va.257,00010.716.059.67
Riverside-San Bernardino, Calif.393,00013.4-3.1111.110
Rochester, N.Y.153,00016.944.460.33
Sacramento, Calif.446,0007.612.6115.08
Salt Lake City, Utah335,000-17.927.158.38
San Antonio, Texas175,000-1.744.355.67
San Diego, Calif.620,00011.522.391.210
San Francisco, Calif.930,0009.531.7110.310
San Jose, Calif.1,160,00016.258.2117.510
Scranton-Wilkes-Barre, Pa.113,0506.3-2.243.12
Seattle, Wash.525,00012.847.5117.29
Spokane, Wash.280,000-3.841.065.78
Springfield, Mass.217,50010.818.167.96
St. Louis, Mo.166,0008.9-3.358.13
Stockton, Calif.400,00013.2-0.8147.710
Tampa, Fla.229,9007.1-3.7105.75
Toledo, Ohio134,0006.92.566.81
Tucson, Ariz.229,00011.5-1.074.66
Tulsa, Okla.169,0007.923.437.82
Virginia Beach, Va.250,0009.7-5.334.99
Washington, D.C.-No. Va.435,0008.7-1.245.58
Winston-Salem, N.C.165,00012.122.755.63
Worcester, Mass.260,00012.318.190.66

Home-price data as of December 31, 2020. Cities represent metropolitan statistical areas as defined by the U.S. Census.

*Since May 31, 2006, when the housing market peaked nationally.

†Since March 31, 2012, when the housing market hit bottom nationally.

Most Popular

Will Your Stimulus Check Increase Your Tax on Social Security Benefits?
Coronavirus and Your Money

Will Your Stimulus Check Increase Your Tax on Social Security Benefits?

The answer to this question comes down to whether your stimulus check increases your "provisional income."
March 1, 2021
Where's My Refund? How to Track Your Tax Refund Status
tax refunds

Where's My Refund? How to Track Your Tax Refund Status

If you're waiting for your tax refund, the IRS has an online tool that lets you track the status of your payment.
March 2, 2021
Your Guide to Roth Conversions
Special Report
Tax Breaks

Your Guide to Roth Conversions

A Kiplinger Special Report
February 25, 2021

Recommended

Condo Owners’ Legal Rights When the Bug Guy Damages Your Property
home

Condo Owners’ Legal Rights When the Bug Guy Damages Your Property

Homeowners associations hire contractors for upkeep all the time, but what happens when an HOA’s contractor, such as a pest control worker, damages a …
February 10, 2021
10 Places That Will Pay You to Live There
real estate

10 Places That Will Pay You to Live There

Working remotely? You may want to check out these places that'll pay you to move there.
February 9, 2021
Home Buyers Loving the Suburbs Again
Becoming a Homeowner

Home Buyers Loving the Suburbs Again

Urban condos found little love as telecommuting home buyers bid up prices far from city centers.
January 27, 2021
15 Best Foreclosure Sites for Finding Properties
Making Your Money Last

15 Best Foreclosure Sites for Finding Properties

If you’re searching for foreclosures for sale for your next home or to flip for a profit, these websites will guide you to foreclosures to buy.
January 6, 2021