Cities where home prices are hitting new highs

Home value now*: $118,900
Housing boom peak: $107,300

This old steel town has been reborn in recent years.

Not only has the city diversified into a host of other industries -- including tech, robotics, health care, nuclear engineering and finance -- but crime and poverty are both down. Median family income has risen by about 12% since the housing bust.

As a result, many neighborhoods have been revitalized and the city's "Golden Triangle" business district is a major success, employing 130,000 workers and attracting $5 billion in investments since 2006, according to the city government.

All of that has helped lift home prices in the Pittsburgh metro area to new peaks. Although homes here are still quite affordable. At $118,900, that's well below the national median home price of $169,800.

First published April 22, 2014: 7:03 PM ET

Source: Zillow
Zillow home values are the median estimated home value for a given geographic area in March 2014, and includes the value of all single-family residences, condominiums and cooperatives, regardless of whether they sold within a given period. It is expressed in dollars, and seasonally adjusted.

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