GITNUX MARKETDATA REPORT 2024

Statistics About The Average Home Appreciation

The average annual home appreciation rate in the United States is typically around 3-5%.

In this post, we explore a comprehensive overview of home appreciation statistics across various cities in the United States. From the national average appreciation rate to specific insights on cities like San Francisco, New York, Denver, and more, we delve into the dynamic landscape of housing market trends and growth patterns. Discover how different factors influence home prices and appreciation rates, providing valuable insights for homeowners, investors, and real estate enthusiasts.

Statistic 1

"The national average home appreciation rate is about 3.8% annually."

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Statistic 2

"In 2020, home prices in the U.S. rose by 9.2%."

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Statistic 3

"In May 2021, U.S. home prices showed a yearly gain of 17.2%."

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Statistic 4

"San Francisco leads the nation in home price appreciation with its prices doubling every ten years on average."

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Statistic 5

"From 1991 to 2021, New York's average annual home appreciation rate was approximately 2.88%."

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Statistic 6

"San Antonio, Texas saw a steady 3.12% increase in home appreciation rate in the last decade."

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Statistic 7

"In 10 years, Las Vegas had an average annual home appreciation rate of 0.28%."

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Statistic 8

"U.S. overall home appreciation rate in November 2021 rose 1.4%."

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Statistic 9

"Denver, Colorado had an average annual home appreciation rate of 5.45% from 1991 to 2021."

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Statistic 10

"Phoenix, Arizona saw a double-digit percentage increase in home appreciation in 2020, at 13.3%."

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Statistic 11

"The average annual home appreciation rate of Chicago, from 1991 to 2021, was approximately 2.35%."

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Statistic 12

"U.S. home prices are predicted to appreciate by 2.4% on average in 2022."

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Statistic 13

"Seattle, Washington, recorded an average annual home appreciation rate of 4.49% from 1991 to 2021."

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Statistic 14

"The average annual home appreciation rate in Los Angeles from 1991 to 2021 was approximately 4.58%."

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Statistic 15

"From 1991 to 2021, Miami's average annual home appreciation rate was approximately 2.67%."

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Statistic 16

"Since 1991, Portland, Oregon had an average annual home appreciation rate of 3.86%."

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Statistic 17

"U.S. home prices appreciated by 0.3% month-over-month in December 2021."

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Statistic 18

"Metro areas with less expensive housing options appreciated faster than more costly metros in Q2 2021."

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Statistic 19

"Austin, Texas had an average annual home appreciation rate of 3.78% from 1991 to 2021."

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Statistic 20

"The average annual home appreciation rate of Philadelphia, Pennsylvania from 1991 to 2021 was approximately 3.01%."

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Overall, the statistics presented reflect a varied landscape of home appreciation rates across different regions in the U.S. There is a clear indication of significant increases in home prices in various cities, with some areas such as San Francisco experiencing rapid appreciation rates. While some cities like New York and Las Vegas have shown relatively lower appreciation rates, others like Denver and Phoenix have seen substantial increases. Looking ahead, the predicted average home appreciation rate for 2022 suggests a stable yet moderate growth in U.S. home prices. The data also highlights the trend that more affordable housing options in metro areas tend to appreciate faster than pricier markets.

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