Where US home prices are still climbing

← Market Strength map

Updated monthly. Source: Realtor.com Residential Data (zip-level core metrics and hotness history). Prices are asking prices, not closed sales.

Key findings

Price per sq ft since 2019, indexed to January 2020 = 100

The three strongest states by median score and the two with the steepest decline over the last year, plus all US zips. Median across scored zips in each state, smoothed over 3 months.

Last year's price change by state

Median 1-year change in price per sq ft across each state's zips (states with ≥100 liquid zips). Hover a bar for the 5-year trend and distance from peak.

RisingFalling

Top-scoring zips by price tier

Score (0–100) combines 5-year growth, last year's change, how many years went up, distance from peak, days on market, pending sales per listing, share of price cuts, inventory trend and Realtor.com's demand score.

Method and caveats

Growth uses price per sq ft averaged over 12 months, so changes in which homes are listed don't swing the result. A zip needed full 5-year history and about 20+ listings a month to be scored.
The top 2% by 5-year growth lose 5 points. Runs that steep tended to reverse, as they did in FL, TX and ID after 2022.
No rent data. This ranks price growth and demand, not rental return. To judge a rental, compare HUD Fair Market Rents with these prices.
Asking prices, not sales. Where buyers are pushing back, actual sale prices will be lower.
Not included: property taxes (high in NJ and IL, which hurts rental returns), insurance, local job markets, or flood and fire risk.
This is a screen for where to look more closely, not investment advice.