House price growth in the United States is forecast to slow in 2023, with home values falling in many metros. The typical home value rose the most in Miami, FL - almost 13.5 percent annually as of February 2023. According to the forecast, it is expected to further increase but at a much slower rate of less than two percent until February 2024. The typical home value in the U.S. stood at approximately 328,000 U.S. dollars, which was an increase of almost seven percent from February 2022. In the next year, the increase was forecast at one percent.
Typical home value, annual price change and forecast growth in the largest metros in the United States as of 2023
(in 1,000 U.S. dollars)
The typical home price includes homes in the 35th to 65th percentile.
The annual change is calculated by Statista based on the Zillow Home Value Index (ZHVI).
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Statista. (March 24, 2023). Typical home value, annual price change and forecast growth in the largest metros in the United States as of 2023 (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1175269/typical-home-value-change-forecast-usa-by-metro/
Statista. "Typical home value, annual price change and forecast growth in the largest metros in the United States as of 2023 (in 1,000 U.S. dollars) ." Chart. March 24, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1175269/typical-home-value-change-forecast-usa-by-metro/
Statista. (2023). Typical home value, annual price change and forecast growth in the largest metros in the United States as of 2023 (in 1,000 U.S. dollars) . Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1175269/typical-home-value-change-forecast-usa-by-metro/
Statista. "Typical Home Value, Annual Price Change and Forecast Growth in The Largest Metros in The United States as of 2023 (in 1,000 U.S. Dollars) ." Statista, Statista Inc., 24 Mar 2023, https://www.statista.com/statistics/1175269/typical-home-value-change-forecast-usa-by-metro/
Statista, Typical home value, annual price change and forecast growth in the largest metros in the United States as of 2023 (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/1175269/typical-home-value-change-forecast-usa-by-metro/ (last visited December 22, 2024)
Typical home value, annual price change and forecast growth in the largest metros in the United States as of 2023 (in 1,000 U.S. dollars) [Graph], Statista, March 24, 2023. [Online]. Available: https://www.statista.com/statistics/1175269/typical-home-value-change-forecast-usa-by-metro/
