NEW YORK (CNNMoney.com) -- The weak economy and continued high unemployment has kept housing markets cool. As a result, the median price of a single-family home crept up just 1.5% to $176,900 in the second quarter, according to a report released Wednesday by the National Association of Realtors.
Those year-over-year gains were very much in line with expectations, according to Lawrence Yun, NAR's chief economist.
"All year we've been seeing relatively flat national home prices, which appear to be supported by market fundamentals," he said. "We don't expect any consequential movement in home prices for the foreseeable future," said Yun.
The biggest year-over-year gains were in an odd mix of cities. Akron, Ohio, for example, an old city where foreclosures are rampant and home prices low, had the biggest gain. Prices there jumped 36% to $119,700.
San Jose, Calif., prices soared 26% to $630,000; San Francisco was nearly as strong, up 25% to $591,200; and prices in Riverside, Calif., a particularly hard-hit foreclosure market, were up 17.8% to $190,200.
The worst performer was Cumberland, Md., where prices tumbled 15.4% to $104,500. Other big losers were Tucson, Ariz., down 13.7% to $150,200; and Ocala, Fla., off 13% to $95,900.
San Jose boasted the highest median price; it took over the lead that Honolulu held during the first three months of the year. Prices in the Hawaiian city were nearly flat quarter-over-quarter and up 9.1% year--over-year to a median of $621,600.
The condo market may have finally stabilized during the quarter, although it continued to lag single-family homes. Condo prices were up 3% compared with the first three months of the year but down 0.5% from the same period a year earlier.
One of the worst condo markets, Jacksonville, Fla., continued to find new bottoms. Prices there have fallen a whopping 42% in the past 12 months to $63,600. That includes a stiff 20.2% drop in the second quarter alone. Reno, Nev., prices fell almost as far, 33.9% to $68,200.
The biggest gains were made in markets not usually closely associated with a big supply of condos, such as Trenton, N.J., where condo prices are up 11.5% compared with 12 months ago to $221,600. Syracuse, N.Y., condos jumped 11.2% of the same period to $130,600 and Columbus, Ohio, prices also made double-digit improvement, 10.7% to $130,700. 
| Metro Area | State | Median home price 2nd Quarter |
Percent change from 2nd Quarter 2009 |
|---|---|---|---|
| Akron | OH | $119,700 | 36.0% |
| Albany-Schenectady-Troy | NY | $194,300 | 2.6% |
| Albuquerque | NM | $177,900 | -2.4% |
| Allentown-Bethlehem-Easton | PA-NJ | $227,200 | 0.7% |
| Amarillo | TX | $127,200 | -0.1% |
| Anaheim-Santa Ana | CA | $504,500 | 7.8% |
| Appleton | WI | $120,000 | 5.4% |
| Atlanta-Sandy Springs-Marietta | GA | $122,700 | 1.1% |
| Atlantic City | NJ | $224,400 | 2.6% |
| Austin-Round Rock | TX | $196,600 | 1.3% |
| Baltimore-Towson | MD | $251,600 | -0.6% |
| Barnstable Town | MA | $334,900 | 2.9% |
| Baton Rouge | LA | $170,400 | 1.1% |
| Beaumont-Port Arthur | TX | $120,700 | -12.9% |
| Binghamton | NY | $110,800 | -5.9% |
| Birmingham-Hoover | AL | $146,500 | -3.8% |
| Bismarck | ND | $163,100 | 3.4% |
| Bloomington-Normal | IL | $160,800 | 5.1% |
| Boise City-Nampa | ID | $140,100 | -12.7% |
| Boston-Cambridge-Quincy | MA-NH** | $360,200 | 7.2% |
| Boulder | CO | $352,400 | 3.6% |
| Bridgeport-Stamford-Norwalk | CT | $419,400 | 10.3% |
| Buffalo-Niagara Falls | NY | $121,400 | 5.2% |
| Canton-Massillon | OH | $111,500 | 9.9% |
| Cape Coral-Fort Myers | FL | $94,100 | 12.0% |
| Cedar Rapids | IA | $145,300 | 2.5% |
| Champaign-Urbana | IL | $142,500 | 1.1% |
| Charleston | WV | $197,500 | -0.4% |
| Charleston-North Charleston | SC | $132,000 | 0.6% |
| Charlotte-Gastonia-Concord | NC-SC | $199,100 | -0.3% |
| Chattanooga | TN-GA | $125,700 | Unch |
| Chicago-Naperville-Joliet | IL | $203,800 | -0.2% |
| Cincinnati-Middletown | OH-KY-IN | $131,100 | 1.2% |
| Cleveland-Elyria-Mentor | OH | $118,200 | 11.5% |
| Colordo Springs | CO | $196,800 | 4.1% |
| Columbia | MO | $147,300 | 2.1% |
| Columbia | SC | $142,100 | 3.0% |
| Columbus | OH | $149,700 | 9.6% |
| Corpus Christi | TX | $135,500 | 1.6% |
| Cumberland | MD-WV | $104,500 | -15.4% |
| Dallas-Fort Worth-Arlington | TX | $134,700 | 2.1% |
| Danville | IL | N/A | N/A |
| Davenport-Moline-Rock Island | IA-IL | $113,500 | 0.3% |
| Dayton | OH | $112,400 | 5.5% |
| Decatur | IL | $96,000 | 5.1% |
| Deltona-Daytona Beach-Ormond Beach | FL | $117,000 | -8.0% |
| Denver-Aurora | CO | $234,700 | 4.9% |
| Des Moines | IA | $156,200 | 4.1% |
| Detroit-Warren-Livonia | MI | N/A | N/A |
| Dover | DE | $196,300 | 1.3% |
| Durham | NC | $186,400 | 0.5% |
| Elmira | NY | $99,200 | 16.7% |
| El Paso | TX | $133,800 | 1.5% |
| Erie | PA | $110,200 | 12.3% |
| Eugene-Springfield | OR | $201,600 | -0.4% |
| Fargo | ND-MN | $141,600 | 0.3% |
| Farmington | NM | $174,800 | -7.3% |
| Florence | SC | $122,500 | 6.1% |
| Ft. Wayne | IN | $103,300 | 9.2% |
| Gainesville | FL | $172,900 | -3.0% |
| Gary-Hammond | IN | $127,000 | 10.3% |
| Glens Falls | NY | $148,300 | -2.7% |
| Grand Rapids | MI | $93,000 | 7.5% |
| Green Bay | WI | $133,800 | -5.3% |
| Greensboro-High Point | NC | $134,200 | -5.4% |
| Greenville | SC | $149,600 | 6.9% |
| Gulfport-Biloxi | MS | $128,500 | -7.4% |
| Hagerstown-Martinsburg | MD-WV | $149,800 | -9.2% |
| Hartford-West Hartford-East Hartford | CT | $236,000 | 0.8% |
| Honolulu | HI | $621,600 | 9.1% |
| Houston-Baytown-Sugar Land | TX | $155,900 | -1.0% |
| Indianapolis | IN | $129,900 | 6.0% |
| Jackson | MS | $137,900 | -1.6% |
| Jacksonville | FL | $139,000 | -9.0% |
| Kalamazoo-Portage | MI | N/A | N/A |
| Kankakee-Bradley | IL | $126,500 | -4.3% |
| Kansas City | MO-KS | $150,600 | 4.5% |
| Kennewick-Richland-Pasco | WA | $173,100 | 5.6% |
| Kingston | NY | $208,200 | 0.6% |
| Knoxville | TN | $143,500 | -0.8% |
| Lansing-E.Lansing | MI | $92,100 | 13.4% |
| Las Vegas-Paradise | NV | $142,300 | 0.4% |
| Lexington-Fayette | KY | $144,200 | 1.1% |
| Lincoln | NE | $134,200 | 0.8% |
| Little Rock-N. Little Rock | AR | $132,800 | -1.3% |
| Los Angeles-Long Beach-Santa Ana | CA | $339,900 | 9.3% |
| Louisville | KY-IN | $136,400 | 2.8% |
| Madison | WI | $213,200 | -0.5% |
| Manchester-Nashua | NH | $241,000 | 8.3% |
| Memphis | TN-MS-AR | $127,200 | 5.0% |
| Miami-Fort Lauderdale-Miami Beach | FL | $214,200 | 3.3% |
| Milwaukee-Waukesha-West Allis | WI | $200,200 | 4.5% |
| Minneapolis-St. Paul-Bloomington | MN-WI | $176,200 | -4.5% |
| Mobile | AL | $129,500 | 0.5% |
| Montgomery | AL | $129,200 | -3.7% |
| NY: Edison | NJ | N/A | N/A |
| NY: Nassau-Suffolk | NY | $237,800 | 0.7% |
| NY: Newark-Union | NJ-PA | $161,900 | -2.4% |
| Nashville-Davidson--Murfreesboro | TN | $393,900 | 3.7% |
| New Haven-Milford | CT | $443,800 | 4.4% |
| New Orleans-Metairie-Kenner | LA | $345,800 | 4.3% |
| New York-Northern New Jersey-Long Island | NY-NJ-PA | $395,100 | 2.1% |
| New York-Wayne-White Plains | NY-NJ | $386,500 | 1.9% |
| Norwich-New London | CT | $224,000 | 3.6% |
| Ocala | FL | $95,900 | -13.0% |
| Oklahoma City | OK | $149,900 | 7.5% |
| Omaha | NE-IA | $138,800 | 2.9% |
| Orlando | FL | $140,200 | -6.0% |
| Palm Bay-Melbourne-Titusville | FL | $117,300 | 12.7% |
| Pensacola-Ferry Pass-Brent | FL | $143,100 | -3.2% |
| Peoria | IL | $123,300 | -2.2% |
| Philadelphia-Camden-Wilmington | PA-NJ-DE-MD | $223,200 | 5.8% |
| Phoenix-Mesa-Scottsdale | AZ | $144,700 | 10.4% |
| Pittsburgh | PA | $126,600 | 1.9% |
| Pittsfield | MA | $192,300 | 1.7% |
| Portland-South Portland-Biddeford | ME | $217,400 | 3.8% |
| Portland-Vancouver-Beaverton | OR-WA | $238,500 | -3.1% |
| Providence-New Bedford-Fall River | RI-MA | $224,700 | 4.2% |
| Raleigh-Cary | NC | $223,700 | 5.9% |
| Reading | PA | $155,600 | 2.4% |
| Reno-Sparks | NV | $180,300 | -6.1% |
| Richmond | VA | $199,600 | -3.5% |
| Riverside-San Bernardino-Ontario | CA | $190,200 | 17.8% |
| Rochester | NY | $121,400 | 1.9% |
| Rockford | IL | $109,000 | -3.9% |
| Sacramento--Arden-Arcade--Roseville | CA | $192,200 | 8.3% |
| Saginaw-Saginaw Township North | MI | $59,700 | 7.2% |
| Saint Louis | MO-IL | $143,100 | 7.1% |
| Salem | OR | $176,800 | -7.5% |
| Salt Lake City | UT | $207,300 | -4.2% |
| San Antonio | TX | $148,200 | -3.2% |
| San Diego-Carlsbad-San Marcos | CA | $392,600 | 13.1% |
| San Francisco-Oakland-Fremont | CA | $591,200 | 25.0% |
| San Jose-Sunnyvale-Santa Clara | CA | $630,000 | 26.0% |
| Sarasota-Bradenton-Venice | FL | $184,600 | 5.0% |
| Seattle-Tacoma-Bellevue | WA | $307,300 | -6.4% |
| Shreveport-Bossier City | LA | $155,900 | 6.8% |
| Sioux Falls | SD | $141,400 | -3.2% |
| South Bend-Mishawaka | IN | $95,900 | 8.9% |
| Spartanburg | SC | $121,300 | -1.1% |
| Spokane | WA | $171,400 | -3.6% |
| Springfield | IL | $123,600 | 6.4% |
| Springfield | MA | $189,200 | -0.2% |
| Springfield | MO | $112,400 | -5.7% |
| Syracuse | NY | $125,300 | 0.6% |
| Tallahassee | FL | $142,300 | -5.0% |
| Tampa-St.Petersburg-Clearwater | FL | $141,400 | 0.4% |
| Toledo | OH | $90,900 | 4.4% |
| Topeka | KS | $109,600 | -3.3% |
| Trenton-Ewing | NJ | $259,300 | 2.0% |
| Tucson | AZ | $150,200 | -13.7% |
| Tulsa | OK | $133,200 | Unch |
| Virginia Beach-Norfolk-Newport News | VA-NC | $210,000 | -2.8% |
| Washington-Arlington-Alexandria | DC-VA-MD-WV | $331,600 | 3.9% |
| Waterloo/Cedar Falls | IA | $115,300 | 8.1% |
| Wichita | KS | $122,500 | -2.2% |
| Worcester | MA | $235,000 | 6.7% |
| Yakima | WA | $154,500 | -5.1% |
| Youngstown-Warren-Boardman | OH-PA | $75,100 | 5.0% |
| U.S. | $176,900 | 1.5% | |
| NE | $238,000 | -3.2% | |
| MW | $148,500 | 1.4% | |
| SO | $155,500 | -2.0% | |
| WE | $219,700 | 2.6% |
| Metro Area | State | Median Price 2Q 2009 |
% Change (1-yr) |
|---|---|---|---|
| Albuquerque | NM | $145,500 | -2.5% |
| Atlanta-Sandy Springs-Marietta | GA | N/A | N/A |
| Austin-Round Rock | TX | $158,600 | 1.2% |
| Baltimore-Towson | MD | $197,000 | -6.5% |
| Bismarck | ND | $128,500 | 2.0% |
| Boston-Cambridge-Quincy | MA-NH | $290,100 | 4.6% |
| Boulder | CO | $200,000 | -2.0% |
| Bridgeport-Stamford-Norwalk | CT | $247,100 | 5.9% |
| Cape Coral-Fort Myers | FL | $118,900 | 2.0% |
| Chicago-Naperville-Joliet | IL | $186,300 | -8.1% |
| Cincinnati-Middletown | OH-KY-IN | $121,500 | 8.7% |
| Cleveland-Elyria-Mentor | OH | N/A | N/A |
| Colorado Springs | CO | $135,600 | -4.8% |
| Columbus | OH | $130,700 | 10.7% |
| Dallas-Fort Worth-Arlington | TX | $135,300 | -1.8% |
| Greensboro-High Point | NC | N/A | N/A |
| Hartford-West Hartford-East Hartford | CT | $164,400 | -3.2% |
| Honolulu | HI | $311,600 | -2.1% |
| Houston-Baytown-Sugar Land | TX | $133,100 | -3.3% |
| Indianapolis | IN | $115,500 | 0.4% |
| Jacksonville | FL | $63,600 | -42.0% |
| Knoxville | TN | $142,200 | 1.4% |
| Las Vegas-Paradise | NV | $68,000 | 2.4% |
| Los Angeles-Long Beach-Santa Ana | CA | $230,600 | 7.8% |
| Louisville | KY-IN | $122,200 | 5.4% |
| Madison | WI | $147,600 | -2.8% |
| Manchester-Nashua | NH | $165,600 | 7.8% |
| Miami-Fort Lauderdale-Miami Beach | FL | $97,000 | -7.7% |
| Milwaukee-Waukesha-West Allis | WI | $158,600 | 0.8% |
| New Haven-Milford | CT | $165,000 | -4.8% |
| New Orleans-Metairie-Kenner | LA | $175,700 | -4.0% |
| Norwich-New London | CT | $155,300 | -8.2% |
| New York-Wayne-White Plains | NY-NJ | $254,400 | -1.5% |
| NY: Newark-Union | NJ-PA | $276,800 | 0.1% |
| NY:Edison | NJ | $263,700 | 3.8% |
| NY:Nassau-Suffolk | NY | $235,600 | -0.3% |
| Palm Bay-Melbourne-Titusville | FL | $112,500 | -13.0% |
| Philadelphia-Camden-Wilmington | PA-NJ-DE-MD | $188,800 | -2.9% |
| Phoenix-Mesa-Scottsdale | AZ | $87,500 | -15.9% |
| Portland-South Portland-Biddeford | ME | $192,400 | 1.3% |
| Portland-Vancouver-Beaverton | OR-WA | $176,500 | -10.0% |
| Providence-New Bedford-Fall River | RI-MA | $180,100 | -0.8% |
| Reno-Sparks | NV | $68,200 | -33.9% |
| Richmond | VA | N/A | N/A |
| Riverside-San Bernardino-Ontario | CA | N/A | N/A |
| Rochester | NY | $117,200 | 1.4% |
| Sacramento--Arden-Arcade--Roseville | CA | $95,000 | -6.1% |
| Salt Lake City | UT | $155,700 | -0.8% |
| San Diego-Carlsbad-San Marcos | CA | $225,600 | 9.8% |
| San Francisco-Oakland-Fremont | CA | $404,800 | -0.2% |
| Sarasota-Bradenton-Venice | FL | $175,800 | -1.0% |
| Springfield | MA | $149,600 | 3.8% |
| Syracuse | NY | $130,600 | 11.2% |
| Tampa-St. Petersburg-Clearwater | FL | $110,300 | 2.0% |
| Toledo | OH | $128,100 | 1.9% |
| Trenton-Ewing | NJ | $221,600 | 11.5% |
| Tucson | AZ | N/A | N/A |
| Virginia Beach-Norfolk-Newport News | VA-NC | $191,000 | -2.1% |
| Washington-Arlington-Alexandria | DC-VA-MD-WV | $248,400 | 1.5% |
| Wichita | KS | $93,500 | -14.6% |
| Worcester | MA | $174,400 | 8.7% |
| U.S. | $175,700 | -0.5% | |
| NE | $241,900 | 2.7% | |
| MW | $155,600 | -2.0% | |
| SO | $124,000 | -5.9% | |
| WE | $163,600 | 0.6% |
| State | Total Sales | % Change (1-yr) |
|---|---|---|
| ALABAMA | $83,200 | 17.5% |
| ALASKA | $27,200 | 30.8% |
| ARIZONA | $157,200 | 4.5% |
| ARKANSAS | $70,000 | 19.9% |
| CALIFORNIA | $472,800 | -0.6% |
| COLORADO | $101,600 | 14.4% |
| CONNECTICUT | $55,600 | 32.4% |
| DELAWARE | $14,000 | 16.7% |
| District of Columbia | $10,400 | 36.8% |
| FLORIDA | $405,600 | 23.8% |
| GEORGIA | $172,800 | 5.9% |
| HAWAII | $22,800 | 39.0% |
| IDAHO | $36,000 | 34.3% |
| ILLINOIS | $204,800 | 27.4% |
| INDIANA | $115,600 | 6.1% |
| IOWA | $70,800 | 34.1% |
| KANSAS | $62,400 | 23.8% |
| KENTUCKY | $87,200 | 30.5% |
| LOUISIANA | $60,800 | 15.2% |
| MAINE | $26,400 | 29.4% |
| MARYLAND | $86,000 | 29.5% |
| MASSACHUSETTS | $126,000 | 35.2% |
| MICHIGAN | $162,000 | -0.5% |
| MINNESOTA | $112,000 | 6.1% |
| MISSISSIPPI | $46,000 | 22.3% |
| MISSOURI | $109,200 | 13.3% |
| MONTANA | $23,200 | 18.4% |
| NEBRASKA | $40,000 | 20.5% |
| NEVADA | $93,200 | -6.4% |
| NEW HAMPSHIRE | $21,200 | 20.5% |
| NEW JERSEY | $138,900 | 29.9% |
| NEW MEXICO | $35,600 | 21.9% |
| NEW YORK | $296,000 | 19.4% |
| NORTH CAROLINA | $162,400 | 31.4% |
| NORTH DAKOTA | $16,400 | 51.9% |
| OHIO | $278,400 | 21.7% |
| OKLAHOMA | $85,600 | 7.0% |
| OREGON | $62,400 | 33.3% |
| PENNSYLVANIA | $195,200 | 33.0% |
| RHODE ISLAND | $15,600 | 14.7% |
| SOUTH CAROLINA | $84,800 | 26.9% |
| SOUTH DAKOTA | $18,400 | 17.9% |
| TENNESSEE | $119,600 | 18.2% |
| TEXAS | $476,000 | 14.8% |
| UTAH | $33,600 | 16.7% |
| VERMONT | $12,400 | 29.2% |
| VIRGINIA | $118,400 | 6.1% |
| WASHINGTON | $96,800 | 33.0% |
| WEST VIRGINIA | $28,400 | 16.4% |
| WISCONSIN | $93,600 | 19.4% |
| WYOMING | $8,800 | 4.8% |
| United States | $5,607,000 | 17.3% |
| Northeast | $980,000 | 23.6% |
| Midwest | $1,297,000 | 20.9% |
| South | $2,100,000 | 18.8% |
| West | $1,230,000 | 7.6% |
| Overnight Avg Rate | Latest | Change | Last Week |
|---|---|---|---|
| 30 yr fixed | 3.80% | 3.88% | |
| 15 yr fixed | 3.20% | 3.23% | |
| 5/1 ARM | 3.84% | 3.88% | |
| 30 yr refi | 3.82% | 3.93% | |
| 15 yr refi | 3.20% | 3.23% |
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