15 Cities Where Home Prices Increased the Most in the Last 15 Years

A sad truth is that we live in a nation where homes are considered unaffordable in 99% of the country. There is no city immune to the shocking increase in home prices, but the last five years have been brutal.

CBS pulled together a report based on data from the U.S. Bureau of Labor Statistics of home and rent prices across the country since 2019. 

Here are 15 cities with some of the biggest and most shocking price percentage increases.

1. Phoenix

Average Home Price in 2019: $249,959

Average Home Price in 2024: $454,180

Price Increase: 81.7%

2. Atlantic City, New Jersey

Average Home Price in 2019: $208,697

Average Home Price in 2024: $361,721

Price Increase: 73.3%

3. Manchester, New Hampshire

Average Home Price in 2019: $300,182

Average Home Price in 2024: $487,472

Price Increase: 62.4%

4. Wilmington, North Carolina

Average Home Price in 2019: $267,975

Average Home Price in 2024: $429,341

Price Increase: 60.2%

5. Tampa, Florida

Average Home Price in 2019: $232,642

Average Home Price in 2024: $370,924

Price Increase: 59.5%

6. Albuquerque, New Mexico

Average Home Price in 2019: $211,147

Average Home Price in 2024: $334,538

Price Increase: 58.4%

7. San Diego

Average Home Price in 2019: $604,521

Average Home Price in 2024: $941,878

Price Increase: 55.8%

8. Providence, Rhode Island

Average Home Price in 2019: $313,132

Average Home Price in 2024: $486,878

Price Increase: 55.5%

9. Bridgeport, Connecticut

Average Home Price in 2019: $412,910

Average Home Price in 2024: $628,053

Price Increase: 52.1%

10. Olympia, Washington

Average Home Price in 2019: $346,278

Average Home Price in 2024: $516,717

Price Increase: 49.2%

11. Nashville, Tennessee

Average Home Price in 2019: $294,166

Average Home Price in 2024: $437,563

Price Increase: 48.7%

12. Provo, Utah

Average Home Price in 2019: $365,712

Average Home Price in 2024: $533,267

Price Increase: 45.8%

13. Burlington, Vermont

Average Home Price in 2019: $319,343

Average Home Price in 2024: $465,423

Price Increase: 45.7%

14. Los Angeles

Average Home Price in 2019: $662,150

Average Home Price in 2024: $956,130

Price Increase: 44.3%

15. Madison, Wisconsin

Average Home Price in 2019: $288,475

Average Home Price in 2024: $415,308

Price Increase: 43.9%

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