Where Home Values Increased and Decreased Most
- Home values changed notably across U.S. cities between 2024 and 2025, with Irvine, California, reaching $1.61 million by March 2025.
- This followed an 82.1% five-year increase in Irvine and an 80% growth in Knoxville, Tennessee, while Naples and Saint Petersburg, Florida, saw declines of 5.9% and 4.92%.
- Additional cities like Louisville and Lexington showed moderate gains of 5.4% and 5.3%, with home values near $249,000 and $316,000 respectively in the latest period.
- Evidence reviewed by a board found the subject property's fair cash value at $480,000 for the fiscal year, despite appellants valuing it at $470,000 and arguing a 15% increase was high.
- These shifts indicate varied regional housing market trends, with significant appreciation in some areas and declines in others between 2024 and 2025.
33 Articles
33 Articles
Where home values increased and decreased most | News Channel 3-12
Where home values increased and decreased most Sharp changes in home values can have many ripple effects throughout the local economy. In the short term, both potential homesellers and homebuyers may be impacted by changes in local competitive forces and affordability. Over time, these changes can affect the city’s tax base, current homeowners’ refinancing options, demand in the local job markets, and other dynamics may be impacted by such chang…

Where home values increased and decreased most
SmartAsset ranked 100 of the largest cities based on the biggest one-year changes in the typical home value between 2024 and 2025.


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