States With Legal Cannabis See $60,000 Higher Home Value Growth Since 2009

Houses In Legal Marijuana States Are Worth More And Grow In Value Faster Than Those Where Criminalization Remains, Study Shows

Home values have been climbing across the country in recent decades, but a new study finds that areas where adult-use marijuana is legal have seen especially high returns. Between 2009 and 2024, it says, home values in legal states increased by $60,327 more, on average, than home values in jurisdictions that still criminalize the drug. All told, says the report, from real estate platform Clever Offers, states with recreational cannabis have seen…

Analysis: Adult-Use Cannabis States Experience Significantly Higher Home Value Growth Analysis: Adult-Use Cannabis States Experience Significantly Higher Home Value Growth

"Cannabis legalization is a proven economic driver. Regulated markets create jobs, disrupt the underground marketplace, and provide for new tax revenues that are redirected back into the local community — resulting in greater economic growth and prosperity, in addition to safer communities." The post Analysis: Adult-Use Cannabis States Experience Significantly Higher Home Value Growth appeared first on NORML.

States With Legal Cannabis See $60,000 Higher Home Value Growth Since 2009

/PRNewswire/ -- From 2009 to 2024, home values increased by $60,327 more in states where recreational marijuana is now legal than where it is illegal,...

Houses In Legal Marijuana States Are Worth More And Grow In Value Faster Than Those Where Criminalization Remains, Study Shows - Cannabis News World

Home values have been climbing across the country in recent decades, but a new study finds that areas where adult-use marijuana is legal have seen especially high returns. Between 2009 and 2024, it says, home values in legal states increased by $60,327 more, on average, than home values in jurisdictions that still criminalize the drug. The post Houses In Legal Marijuana States Are Worth More And Grow In Value Faster Than Those Where Criminalizat…

Report: Home Values Rose Over $60K More in States With Legal Marijuana Since 2009

The Marijuana Herald - Marijuana news and information From 2009 to 2024, home values increased by $60,327 more in states where recreational marijuana is now legal than where it is illegal, according to a new report from Clever Offers, a platform owned by Clever Real Estate. In 2024, the typical home in a recreational state was worth $447,635 — about 39% or $126,731 more than in non-recreational states ($320,904). States with legal recreational c…

Legal Cannabis States Experience Higher Home Value Growth

Currently, two dozen states in the U.S. have adopted adult-use cannabis legalization measures, and all but one of them (Virginia) either have operating regulated recreational cannabis industries or are in the process of implementing one. Additionally, 40 states have adopted medical cannabis legalization measures, with some being more robust models than others. Permitting legal cannabis commerce provides meaningful boosts to local economies, whic…