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 Area | Mean Home-Sale Price | Year over Year Change* |
|---|---|---|
| Atlanta-Sandy Springs-Marietta, GA | $339,500 | 23% |
| Austin-Round Rock, TX | $485,400 | 26% |
| Baltimore-Columbia-Towson, MD | $353,800 | 5% |
| Birmingham-Hoover, AL | $276,200 | 12% |
| Boston-Cambridge-Newton, MA-NH | $635,700 | 10% |
| Buffalo-Cheektowaga-Niagara Falls, NY | $216,700 | 15% |
| Charlotte-Concord-Gastonia, NC-SC | $370,300 | 19% |
| Chicago-Naperville-Elgin, IL-IN-WI | $318,100 | 9% |
| Cincinnati, OH-KY-IN | $244,500 | 13% |
| Cleveland-Elyria, OH | $195,700 | 5% |
| Columbus, OH | $272,800 | 11% |
| Dallas-Fort Worth-Arlington, TX | $350,000 | 18% |
| Denver-Aurora-Lakewood, CO | $617,600 | 21% |
| Detroit-Warren-Deaborn, MI | $240,800 | 6% |
| Hartford-West Hartford-East Hartford, CT | $295,000 | 6% |
| Houston-The Woodlands-Sugar Land, TX | $316,900 | 16% |
| Indianapolis-Carmel-Anderson, IN | $269,100 | 16% |
| Jacksonville, FL | $347,000 | 20% |
| Kansas City, MO-KS | $279,400 | 12% |
| Las Vegas-Henderson-Paradise, NV | $428,400 | 25% |
| Los Angeles-Long Beach-Glendale, CA | $797,900 | 16% |
| Louisville/Jefferson County, KY-IN | $242,100 | 10% |
| Memphis, TN-MS-AR | $260,700 | 14% |
| Miami-Fort Lauderdale-West Palm Beach, FL | $500,000 | 18% |
| Milwaukee-Waukesha-West Allis, WI | $309,800 | 7% |
| Minneapolis-St. Paul-Bloomington, MN-WI | $352,000 | 9% |
| Nashville-Davidson--Murfreesboro--Franklin, TN | $372,100 | 20% |
| New Orleans-Metairie, LA | $265,900 | 6% |
| New York-Jersey City-White Plains, NY-NJ | $544,900 | 13% |
| Oklahoma City, OK | $201,500 | 11% |
| Orlando-Kissimmee-Sanford, FL | $380,000 | 21% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | $306,600 | 8% |
| Phoenix-Mesa-Scottsdale, AZ | $445,800 | 26% |
| Portland-Vancouver-Hillsboro, OR-WA | $546,700 | 17% |
| Providence-Warwick, RI-MA | $400,500 | 11% |
| Raleigh, NC | $419,000 | 23% |
| Richmond, VA | $347,000 | 9% |
| Riverside-San Bernardino-Ontario, CA | $530,000 | 18% |
| Rochester, NY | $189,700 | 7% |
| Sacramento--Roseville--Arden-Arcade, CA | $515,000 | 17% |
| Salt Lake City, UT | $505,700 | 24% |
| San Antonio-New Braunfels, TX | $312,500 | 18% |
| San Diego-Carlsbad, CA | $845,000 | 14% |
| San Francisco-Oakland-Hayward, CA | $1,310,000 | 15% |
| San Jose-Sunnyvale-Santa Clara, CA | $1,675,000 | 20% |
| Seattle-Tacoma-Bellevue, WA | $700,000 | 14% |
| St. Louis, MO-IL | $220,700 | 5% |
| Tampa-St. Petersburg-Clearwater, FL | $355,000 | 24% |
| Virginia Beach-Norfolk-Newport News, VA-NC | $285,000 | 4% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $537,400 | 11% |
*As of fourth quarter 2021.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
-
Ten Cheapest Places to Live in TexasProperty Tax Looking for a cheap place to live in Texas? Look no further. These counties have the lowest property tax bills in the Lone Star State.
-
AI Is Missing the Wisdom of Older Adults: What It Means for YouAI will increasingly affect your healthcare and finances, but young workers are primarily designing the systems and getting most of the jobs.
-
10 Cheapest Small Towns to Live InThe cheapest small towns might not be for everyone, but their charms can make them the best places to live for plenty of folks.
-
Before Buying Your First Home, Get These Three Ducks in a RowWith mortgage rates higher than we're used to, making sure you can comfortably afford to buy your first home is more important than ever.
-
How to Search For Foreclosures Near You: Best Websites for ListingsMaking Your Money Last Searching for a foreclosed home? These top-rated foreclosure websites — including free, paid and government options — can help you find listings near you.
-
Luxury Home Prices Rise as the Rich Dodge High Mortgage RatesLuxury home prices rose 9% to the highest third-quarter level on record, Redfin reports, growing nearly three times faster than non-luxury prices.
-
Four Tips for Renting Out Your Home on Airbnbreal estate Here's what you should know before listing your home on Airbnb.
-
Five Ways to Shop for a Low Mortgage RateBecoming a Homeowner Mortgage rates are high this year, but you can still find an affordable loan with these tips.
-
Hurricane Insurance Claims: 10 Things You Need to KnowBecoming a Homeowner Hurricane damage? Know what your insurance will and won't cover to make the most of your policy if you need to file a claim.
-
Property Tax 101: What Homeowners Need to KnowProperty Tax No one likes to pay property tax, but knowing how these taxes work might make the situation more bearable.
