Home values in Payson, Arizona are up 400%.
Photo: Tattooboo/Shutterstock
In some cities, the increase in home prices has been so strong that it has caused many people to feel that owning a home is out of their reach.
To determine which cities have seen home prices rise the most since the year 2000, the 24/7 Wall St. portal analyzed prices from mid-2000 to mid-2022, using data from the company of Zillow real estate.
Thus, the 10 cities where the average house price increased the most were:
10. Newport, Oregon
– Increase in home value in two decades: 295%
– Home values in 2000 and 2022, respectively: $127,317 and $503,526
9. Riverbank, California
– Increase in home value in two decades: 296%
– Home values in 2000 and 2022, respectively: $146,911 and $582,153
8.Kahului, Hawaii
– Increase in home value in two decades: 304%
– Home values in 2000 and 2022, respectively: $259,219 and $1,046,346
7. Punta Gorda, Florida
– Increase in home value in two decades: 307%
– Home values in 2000 and 2022, respectively: $99,206 and $404,262
6. Bellinham, Wash
– Increase in home value in two decades: 311%
– Home values in 2000 and 2022, respectively: $155,254 and $638,475
5. Show Bass, Arizona
– Increase in home value in two decades: 315%
– Home values in 2000 and 2022, respectively: $92,435 and $383,489
4. Bend, Oregon
– Increase in home value in two decades: 339%
– Home values in 2000 and 2022, respectively: $159,441 and $700,017
3. Capa’a, Hawaii
– Increase in home value in two decades: 378%
– Home values in 2000 and 2022, respectively: $189,868 and $906,955
2. Redding, Calif
– Increase in home value in two decades: 383%
– Home values in 2000 and 2022, respectively: $79,489 and $383,588
1.Payson, Arizona
– Increase in home value in two decades: 400%
– Home values in 2000 and 2022, respectively: $80,129 and $400,933
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