Becoming a Homeowner

Home Sale Prices in the 50 Largest Metro Areas

What’s happening in the market where you live?

Median existing-home sale prices in the U.S. rose an average of 14.6% year over year in 2021, according to data from the National Association of Realtors. Nationwide, the median home sale price at year-end 2021 was $361,700. Among the 50 largest cities in the U.S., Austin, Texas, and Phoenix saw sale price increases of 26% in 2021, and Las Vegas was close behind with a 25% bump. Salt Lake City and Tampa home sale prices rose 24%. 

Metro AreaMean Home-Sale PriceYear over Year Change*
Atlanta-Sandy Springs-Marietta, GA$339,50023%
Austin-Round Rock, TX$485,40026%
Baltimore-Columbia-Towson, MD$353,8005%
Birmingham-Hoover, AL$276,20012%
Boston-Cambridge-Newton, MA-NH$635,70010%
Buffalo-Cheektowaga-Niagara Falls, NY$216,70015%
Charlotte-Concord-Gastonia, NC-SC$370,30019%
Chicago-Naperville-Elgin, IL-IN-WI$318,1009%
Cincinnati, OH-KY-IN$244,50013%
Cleveland-Elyria, OH$195,7005%
Columbus, OH$272,80011%
Dallas-Fort Worth-Arlington, TX$350,00018%
Denver-Aurora-Lakewood, CO$617,60021%
Detroit-Warren-Deaborn, MI$240,8006%
Hartford-West Hartford-East Hartford, CT$295,0006%
Houston-The Woodlands-Sugar Land, TX$316,90016%
Indianapolis-Carmel-Anderson, IN$269,10016%
Jacksonville, FL$347,00020%
Kansas City, MO-KS$279,40012%
Las Vegas-Henderson-Paradise, NV$428,40025%
Los Angeles-Long Beach-Glendale, CA$797,90016%
Louisville/Jefferson County, KY-IN$242,10010%
Memphis, TN-MS-AR$260,70014%
Miami-Fort Lauderdale-West Palm Beach, FL$500,00018%
Milwaukee-Waukesha-West Allis, WI$309,8007%
Minneapolis-St. Paul-Bloomington, MN-WI$352,0009%
Nashville-Davidson--Murfreesboro--Franklin, TN$372,10020%
New Orleans-Metairie, LA$265,9006%
New York-Jersey City-White Plains, NY-NJ$544,90013%
Oklahoma City, OK$201,50011%
Orlando-Kissimmee-Sanford, FL$380,00021%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD$306,6008%
Phoenix-Mesa-Scottsdale, AZ$445,80026%
Portland-Vancouver-Hillsboro, OR-WA$546,70017%
Providence-Warwick, RI-MA$400,50011%
Raleigh, NC$419,00023%
Richmond, VA$347,0009%
Riverside-San Bernardino-Ontario, CA$530,00018%
Rochester, NY$189,7007%
Sacramento--Roseville--Arden-Arcade, CA$515,00017%
Salt Lake City, UT$505,70024%
San Antonio-New Braunfels, TX$312,50018%
San Diego-Carlsbad, CA$845,00014%
San Francisco-Oakland-Hayward, CA$1,310,00015%
San Jose-Sunnyvale-Santa Clara, CA$1,675,00020%
Seattle-Tacoma-Bellevue, WA$700,00014%
St. Louis, MO-IL$220,7005%
Tampa-St. Petersburg-Clearwater, FL$355,00024%
Virginia Beach-Norfolk-Newport News, VA-NC$285,0004%
Washington-Arlington-Alexandria, DC-VA-MD-WV$537,40011%

*As of fourth quarter 2021.

Most Popular

15 Stocks Warren Buffett Is Buying (And 7 He's Selling)
stocks

15 Stocks Warren Buffett Is Buying (And 7 He's Selling)

Berkshire Hathaway CEO Warren Buffett is a bull once more! The Oracle and his team entered eight new positions and added to others in a big way.
May 17, 2022
Your Guide to Roth Conversions
Special Report
Tax Breaks

Your Guide to Roth Conversions

A Kiplinger Special Report
February 25, 2021
The Best Stocks for a Bear Market
stocks to buy

The Best Stocks for a Bear Market

The ideal bear-market stock pick should have a defensive business, a long history of dividend growth and relatively low volatility. Here are 10 stocks…
May 18, 2022

Recommended

The 25 Cheapest U.S. Cities to Live In
places to live

The 25 Cheapest U.S. Cities to Live In

Take a look at our list of American cities with the lowest costs of living. Is one of the cheapest cities in the U.S. right for you?
April 28, 2022
The 2022 Real Estate Market with Daniel Bortz
Becoming a Homeowner

The 2022 Real Estate Market with Daniel Bortz

Daniel Bortz doesn’t just write about home sales and housing prices – he’s been in the business. He’ll share insights about the real estate outlook fo…
March 23, 2022
13 Tax Breaks for Homeowners and Home Buyers
Tax Breaks

13 Tax Breaks for Homeowners and Home Buyers

Owning (or buying) a home is expensive. But at least there are some tax deductions, credits, and exclusions that can help you recoup some of those cos…
March 12, 2022
How Much Will Home Prices Continue to Rise in 2022?
Becoming a Homeowner

How Much Will Home Prices Continue to Rise in 2022?

It’s still a seller’s market, but higher mortgage rates will slow the torrid price increases. Know how to be a smart buyer or seller in these conditio…
February 23, 2022