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 |
| Birmingham |
AL |
10.8% |
$149,700 |
| Mobile |
AL |
0.6% |
$126,900 |
| Montgomery |
AL |
6.3% |
$119,000 |
| Little Rock-N. Little Rock |
AR |
5.3% |
$108,000 |
| Phoenix |
AZ |
17.9% |
$180,200 |
| Tucson |
AZ |
18.5% |
$185,300 |
| Anaheim-Santa Ana |
CA |
19.1% |
$627,500 |
| Los Angeles-Long Beach |
CA |
23.7% |
$470,900 |
| Riverside-San Bernadino |
CA |
34.7% |
$322,400 |
| Sacramento |
CA |
31.5% |
$343,800 |
| San Diego |
CA |
24.8% |
$569,900 |
| San Francisco |
CA |
14.3% |
$656,700 |
| Colordo Springs |
CO |
4.2% |
$192,300 |
| Denver |
CO |
1.7% |
$237,100 |
| Hartford |
CT |
10.7% |
$232,800 |
| New Haven-Meriden |
CT |
16.5% |
$264,600 |
| Washington |
DC |
26.9% |
$370,800 |
| Wilmington |
DE-NJ-MD |
17.3% |
$192,500 |
| Bradenton |
FL |
32.0% |
$245,700 |
| Daytona Beach |
FL |
19.6% |
$162,600 |
| Ft. Lauderdale-Hollywood-Pompano Beach |
FL |
25.6% |
$296,800 |
| Ft. Myers-Cape Coral-Punta Gorda |
FL |
26.5% |
$198,000 |
| Jacksonville |
FL |
15.7% |
$153,700 |
| Melbourne-Titusville-Palm Bay |
FL |
30.5% |
$172,200 |
| Miami-Hialeah |
FL |
25.5% |
$297,200 |
| Ocala |
FL |
26.8% |
$114,100 |
| Orlando |
FL |
21.7% |
$184,400 |
| Pensacola |
FL |
19.2% |
$139,600 |
| Sarasota |
FL |
25.8% |
$279,500 |
| Tallahassee |
FL |
12.0% |
$156,300 |
| Tampa-St.Petersburg-Clearwater |
FL |
14.6% |
$168,500 |
| West Palm Beach-Boca Raton |
FL |
34.0% |
$338,800 |
| Atlanta |
GA |
3.1% |
$157,700 |
| Honolulu |
HI |
22.8% |
$490,000 |
| Cedar Rapids |
IA |
7.4% |
$133,400 |
| Des Moines |
IA |
6.5% |
$141,600 |
| Waterloo/Cedar Falls |
IA |
13.2% |
$97,900 |
| Davenport/Moline/Rock Island |
IA-IL |
8.4% |
$104,400 |
| Aurora-Elgin |
IL |
10.3% |
$221,000 |
| Champaign |
IL |
6.5% |
$119,700 |
| Chicago |
IL |
2.7% |
$242,600 |
| Lake County |
IL |
4.5% |
$258,700 |
| Peoria |
IL |
3.1% |
$95,200 |
| Rockford |
IL |
8.3% |
$125,800 |
| Springfield |
IL |
5.2% |
$93,600 |
| Ft. Wayne, IN |
IN |
5.1% |
$94,900 |
| Gary-Hammond |
IN |
4.7% |
$125,800 |
| Indianapolis |
IN |
-3.9% |
$113,400 |
| South Bend-Mishawaka |
IN |
1.8% |
$96,400 |
| Topeka |
KS |
9.3% |
$99,100 |
| Wichita |
KS |
6.0% |
$105,500 |
| Lexington-Fayette |
KY-IN |
6.0% |
$143,500 |
| Louisville |
KY-IN |
1.1% |
$131,800 |
| Baton Rouge |
LA |
5.6% |
$128,200 |
| New Orleans |
LA |
10.5% |
$140,300 |
| Shreveport |
LA |
13.8% |
$115,500 |
| Boston |
MA |
9.4% |
$387,800 |
| Springfield |
MA |
10.7% |
$171,200 |
| Worcester |
MA |
9.2% |
$276,500 |
| Baltimore |
MD |
14.0% |
$248,400 |
| Portland |
ME |
9.3% |
$236,600 |
| Grand Rapids |
MI |
3.0% |
$132,100 |
| Kalamazoo |
MI |
8.2% |
$126,200 |
| Lansing-E.Lansing |
MI |
7.2% |
$140,700 |
| Minneapolis-St. Paul |
MN-WI |
4.2% |
$220,600 |
| Springfield |
MO |
12.4% |
$109,100 |
| Saint Louis |
MO-IL |
9.3% |
$129,100 |
| Kansas City |
MO-KS |
4.7% |
$149,300 |
| Biloxi-Gulfport |
MS |
11.3% |
$117,300 |
| Jackson |
MS |
17.5% |
$123,600 |
| Greensboro/Winston Salem/High Point |
NC |
3.8% |
$140,300 |
| Raleigh-Durham |
NC |
5.5% |
$185,600 |
| Fargo |
ND |
10.0% |
$128,000 |
| Lincoln |
NE |
0.8% |
133,100 |
| Atlantic City, NJ |
NJ |
18.9% |
$216,500 |
| Bergen-Passaic |
NJ |
14.4% |
$423,500 |
| Middlesex-Somerset-Hunterdon |
NJ |
15.0% |
$358,200 |
| Monmouth-Ocean Counties |
NJ |
16.5% |
$338,400 |
| Newark |
NJ |
14.9% |
$369,500 |
| Trenton |
NJ |
12.1% |
$229,400 |
| Albuquerque |
NM |
14.8% |
$155,800 |
| Las Vegas |
NV |
47.3% |
$281,400 |
| Reno |
NV |
25.5% |
$286,200 |
| Albany-Schenectady-Troy |
NY |
16.0% |
$168,600 |
| Buffalo-Niagara Falls |
NY |
13.1% |
$94,800 |
| Nassau-Suffolk |
NY |
15.2% |
$431,900 |
| New York-North NJ-Long Island |
NY |
13.8% |
$403,600 |
| Rochester |
NY |
6.8% |
$106,200 |
| Syracuse |
NY |
6.6% |
$98,600 |
| Akron |
OH |
5.0% |
$117,200 |
| Cleveland |
OH |
NA |
$137,500 |
| Columbus |
OH |
3.4% |
$143,400 |
| Dayton-Springfield |
OH |
4.8% |
$113,800 |
| Toledo |
OH |
8.8% |
$112,400 |
| Cincinnati |
OH-KY-IN |
2.7% |
$143,000 |
| Oklahoma City |
OK |
10.8% |
$109,700 |
| Tulsa |
OK |
7.1% |
$118,100 |
| Eugene-Springfield |
OR |
14.7% |
$174,100 |
| Portland |
OR |
13.7% |
$218,700 |
| Pittsburgh |
PA |
6.1% |
$107,600 |
| Philadelphia |
PA-NJ |
15.6% |
$187,900 |
| Providence |
RI |
14.5% |
$275,600 |
| Charleston |
SC |
6.5% |
$180,400 |
| Columbia |
SC |
5.6% |
$127,000 |
| Greenville-Spartanburg |
SC |
0.9% |
$129,000 |
| Sioux Falls |
SD |
4.9% |
$127,300 |
| Knoxville |
TN |
7.5% |
$135,200 |
| Nashville |
TN |
7.2% |
$148,700 |
| Memphis |
TN-AR-MS |
2.4% |
$134,800 |
| Chattanooga |
TN-GA |
7.7% |
$126,400 |
| Amarillo |
TX |
6.7% |
$100,400 |
| Austin/San Marcos |
TX |
-2.1% |
$151,300 |
| Beaumont |
TX |
-1.3% |
$87,800 |
| Corpus Christi |
TX |
11.5% |
$114,500 |
| Dallas |
TX |
1.6% |
$137,300 |
| El Paso |
TX |
1.5% |
$96,100 |
| Houston |
TX |
2.0% |
$135,500 |
| San Antonio |
TX |
6.0% |
$122,500 |
| Salt Lake City-Ogden |
UT |
6.5% |
$159,700 |
| Norfolk Va. Beach-Newport News |
VA |
21.1% |
$167,700 |
| Richmond-Petersburg |
VA |
12.4% |
$176,200 |
| Richland/Kennewick/Pasco |
WA |
4.3% |
$148,500 |
| Seattle |
WA |
8.4% |
$299,800 |
| Spokane |
WA |
24.4% |
$152,700 |
| Tacoma |
WA |
15.9% |
$211,700 |
| Appleton |
WI |
1.6% |
$123,300 |
| Green Bay |
WI |
6.9% |
$144,700 |
| Madison |
WI |
6.3% |
$210,800 |
| Milwaukee |
WI |
11.3% |
$199,300 |
| Charleston |
WV |
-4.2% |
$107,200 |
| Metro Area |
State |
Percent
Change |
Median Price |
| Source: National Association of Realtors |
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