Rising rates of interest could also be placing a damper on the actual property market, however common dwelling values are nonetheless up in all 50 states over the previous 12 months, in keeping with a brand new research from TNRealEstate.com, a Tennessee-based actual property web site.
Researchers used information from Zillow to match the common dwelling worth in 2021 and 2022 to find out which of the 50 states have seen probably the most important share will increase in worth.
Within the 10 states with the largest will increase, the common worth of a house rose by 24%.
“These residing in these states may contemplate promoting after these statistics and even getting their present dwelling valued,” a spokesperson for TNRealEstate.com mentioned in a press release.
See the gallery for the states the place houses have gained probably the most worth.