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%|
|Buffalo-Cheektowaga-Niagara Falls, NY||$216,700||15%|
|Dallas-Fort Worth-Arlington, TX||$350,000||18%|
|Hartford-West Hartford-East Hartford, CT||$295,000||6%|
|Houston-The Woodlands-Sugar Land, TX||$316,900||16%|
|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%|
|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%|
|New Orleans-Metairie, LA||$265,900||6%|
|New York-Jersey City-White Plains, NY-NJ||$544,900||13%|
|Oklahoma City, OK||$201,500||11%|
|Riverside-San Bernardino-Ontario, CA||$530,000||18%|
|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%|
|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%|
*As of fourth quarter 2021.
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