Top housing markets
Fourth-quarter numbers are in. See how your town stacks up.
NEW YORK (CNN/Money) - Housing prices continue to defy forecasts of a slowdown.
Nationally, median home prices gained 8.8 percent in the fourth quarter versus the same period in 2003, according to a National Association of Realtors (NAR) report.
The median price was $187,500, which means that half the homes tracked cost more and half cost less. Of the 129 markets tracked, 62 areas had growth of more than 10 percent.
Over the past 12 months, Las Vegas home values showed the biggest gains. The median price of an existing single-family home in and around Sin City were up 47.3 percent. In Riverside and San Bernardino counties near Los Angeles prices were up 34.7 percent.
Six of the top-performing markets are in Florida with West Palm Beach and Boca Raton up 34 percent.
Not all markets have seen these kinds of gains. In nearly 17 metro areas, prices inched up less than 3 percent. In four metros, prices declined.
The NAR report for the fourth quarter was released on Feb. 15; first-quarter results are due on May 12.
| Metro Area |
State |
Percent
Change |
Median Price |
| Akron |
OH |
5.0% |
$117,200 |
| Albany-Schenectady-Troy |
NY |
16.0% |
$168,600 |
| Albuquerque |
NM |
14.8% |
$155,800 |
| Amarillo |
TX |
6.7% |
$100,400 |
| Anaheim-Santa Ana |
CA |
19.1% |
$627,500 |
| Appleton |
WI |
1.6% |
$123,300 |
| Atlanta |
GA |
3.1% |
$157,700 |
| Atlantic City, NJ |
NJ |
18.9% |
$216,500 |
| Aurora-Elgin |
IL |
10.3% |
$221,000 |
| Austin/San Marcos |
TX |
-2.1% |
$151,300 |
| Baltimore |
MD |
14.0% |
$248,400 |
| Baton Rouge |
LA |
5.6% |
$128,200 |
| Beaumont |
TX |
-1.3% |
$87,800 |
| Bergen-Passaic |
NJ |
14.4% |
$423,500 |
| Biloxi-Gulfport |
MS |
11.3% |
$117,300 |
| Birmingham |
AL |
10.8% |
$149,700 |
| Boston |
MA |
9.4% |
$387,800 |
| Bradenton |
FL |
32.0% |
$245,700 |
| Buffalo-Niagara Falls |
NY |
13.1% |
$94,800 |
| Cedar Rapids |
IA |
7.4% |
$133,400 |
| Champaign |
IL |
6.5% |
$119,700 |
| Charleston |
SC |
6.5% |
$180,400 |
| Charleston |
WV |
-4.2% |
$107,200 |
| Chattanooga |
TN-GA |
7.7% |
$126,400 |
| Chicago |
IL |
2.7% |
$242,600 |
| Cincinnati |
OH-KY-IN |
2.7% |
$143,000 |
| Cleveland |
OH |
NA |
$137,500 |
| Colordo Springs |
CO |
4.2% |
$192,300 |
| Columbia |
SC |
5.6% |
$127,000 |
| Columbus |
OH |
3.4% |
$143,400 |
| Corpus Christi |
TX |
11.5% |
$114,500 |
| Dallas |
TX |
1.6% |
$137,300 |
| Davenport/Moline/Rock Island |
IA-IL |
8.4% |
$104,400 |
| Daytona Beach |
FL |
19.6% |
$162,600 |
| Dayton-Springfield |
OH |
4.8% |
$113,800 |
| Denver |
CO |
1.7% |
$237,100 |
| Des Moines |
IA |
6.5% |
$141,600 |
| El Paso |
TX |
1.5% |
$96,100 |
| Eugene-Springfield |
OR |
14.7% |
$174,100 |
| Fargo |
ND |
10.0% |
$128,000 |
| Ft. Lauderdale-Hollywood-Pompano Beach |
FL |
25.6% |
$296,800 |
| Ft. Myers-Cape Coral-Punta Gorda |
FL |
26.5% |
$198,000 |
| Ft. Wayne, IN |
IN |
5.1% |
$94,900 |
| Gary-Hammond |
IN |
4.7% |
$125,800 |
| Grand Rapids |
MI |
3.0% |
$132,100 |
| Green Bay |
WI |
6.9% |
$144,700 |
| Greensboro/Winston-Salem/High Point |
NC |
3.8% |
$140,300 |
| Greenville-Spartanburg |
SC |
0.9% |
$129,000 |
| Hartford |
CT |
10.7% |
$232,800 |
| Honolulu |
HI |
22.8% |
$490,000 |
| Houston |
TX |
2.0% |
$135,500 |
| Indianapolis |
IN |
-3.9% |
$113,400 |
| Jackson |
MS |
17.5% |
$123,600 |
| Jacksonville |
FL |
15.7% |
$153,700 |
| Kalamazoo |
MI |
8.2% |
$126,200 |
| Kansas City |
MO-KS |
4.7% |
$149,300 |
| Knoxville |
TN |
7.5% |
$135,200 |
| Lake County |
IL |
4.5% |
$258,700 |
| Lansing-E.Lansing |
MI |
7.2% |
$140,700 |
| Las Vegas |
NV |
47.3% |
$281,400 |
| Lexington-Fayette |
KY-IN |
6.0% |
$143,500 |
| Lincoln |
NE |
0.8% |
$133,100 |
| Little Rock-N. Little Rock |
AR |
5.3% |
$108,000 |
| Los Angeles-Long Beach |
CA |
23.7% |
$470,900 |
| Louisville |
KY-IN |
1.1% |
$131,800 |
| Madison |
WI |
6.3% |
$210,800 |
| Melbourne-Titusville-Palm Bay |
FL |
30.5% |
$172,200 |
| Memphis |
TN-AR-MS |
2.4% |
$134,800 |
| Miami-Hialeah |
FL |
25.5% |
$297,200 |
| Middlesex-Somerset-Hunterdon |
NJ |
15.0% |
$358,200 |
| Milwaukee |
WI |
11.3% |
$199,300 |
| Minneapolis-St. Paul |
MN-WI |
4.2% |
$220,600 |
| Mobile |
AL |
0.6% |
$126,900 |
| Monmouth-Ocean Counties |
NJ |
16.5% |
$338,400 |
| Montgomery |
AL |
6.3% |
$119,000 |
| Nashville |
TN |
7.2% |
$148,700 |
| Nassau-Suffolk |
NY |
15.2% |
$431,900 |
| New Haven-Meriden |
CT |
16.5% |
$264,600 |
| New Orleans |
LA |
10.5% |
$140,300 |
| New York-North NJ-Long Island |
NY |
13.8% |
$403,600 |
| Newark |
NJ |
14.9% |
$369,500 |
| Norfolk Va. Beach-Newport News |
VA |
21.1% |
$167,700 |
| Ocala |
FL |
26.8% |
$114,100 |
| Oklahoma City |
OK |
10.8% |
$109,700 |
| Orlando |
FL |
21.7% |
$184,400 |
| Pensacola |
FL |
19.2% |
$139,600 |
| Peoria |
IL |
3.1% |
$95,200 |
| Philadelphia |
PA-NJ |
15.6% |
$187,900 |
| Phoenix |
AZ |
17.9% |
$180,200 |
| Pittsburgh |
PA |
6.1% |
$107,600 |
| Portland |
OR |
13.7% |
$218,700 |
| Portland |
ME |
9.3% |
$236,600 |
| Providence |
RI |
14.5% |
$275,600 |
| Raleigh-Durham |
NC |
5.5% |
$185,600 |
| Reno |
NV |
25.5% |
$286,200 |
| Richland/Kennewick/Pasco |
WA |
4.3% |
$148,500 |
| Richmond-Petersburg |
VA |
12.4% |
$176,200 |
| Riverside-San Bernadino |
CA |
34.7% |
$322,400 |
| Rochester |
NY |
6.8% |
$106,200 |
| Rockford |
IL |
8.3% |
$125,800 |
| Sacramento |
CA |
31.5% |
$343,800 |
| Saint Louis |
MO-IL |
9.3% |
$129,100 |
| Salt Lake City-Ogden |
UT |
6.5% |
$159,700 |
| San Antonio |
TX |
6.0% |
$122,500 |
| San Diego |
CA |
24.8% |
$569,900 |
| San Francisco |
CA |
14.3% |
$656,700 |
| Sarasota |
FL |
25.8% |
$279,500 |
| Seattle |
WA |
8.4% |
$299,800 |
| Shreveport |
LA |
13.8% |
$115,500 |
| Sioux Falls |
SD |
4.9% |
$127,300 |
| South Bend-Mishawaka |
IN |
1.8% |
$96,400 |
| Spokane |
WA |
24.4% |
$152,700 |
| Springfield |
MO |
12.4% |
$109,100 |
| Springfield |
MA |
10.7% |
$171,200 |
| Springfield |
IL |
5.2% |
$93,600 |
| Syracuse |
NY |
6.6% |
$98,600 |
| Tacoma |
WA |
15.9% |
$211,700 |
| Tallahassee |
FL |
12.0% |
$156,300 |
| Tampa-St.Petersburg-Clearwater |
FL |
14.6% |
$168,500 |
| Toledo |
OH |
8.8% |
$112,400 |
| Topeka |
KS |
9.3% |
$99,100 |
| Trenton |
NJ |
12.1% |
$229,400 |
| Tucson |
AZ |
18.5% |
$185,300 |
| Tulsa |
OK |
7.1% |
$118,100 |
| Washington |
DC |
26.9% |
$370,800 |
| Waterloo/Cedar Falls |
IA |
13.2% |
$97,900 |
| West Palm Beach-Boca Raton |
FL |
34.0% |
$338,800 |
| Wichita |
KS |
6.0% |
$105,500 |
| Wilmington |
DE-NJ-MD |
17.3% |
$192,500 |
| Worcester |
MA |
9.2% |
$276,500 |
| Metro Area |
State |
Percent
Change |
Median Price |
| Source: National Association of Realtors |
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