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Zillow’s data shows that some housing markets are on the uptick
Some housing markets are beginning to bounce back, according to data gleaned from Zillow.com and reported by CNN Money. Although home prices are down 4.4% nationwide this year, some markets are seeing very positive increases in home prices.
The markets with the best home price increases:
- Fort Myers, Fla., with a 5.1% increase and an average home value of $124,500
- Bay City, Mich., with a 4.6% increase and an average home value of $80,700
- Pittsburgh, Pa., with a 3.2% increase and an average home value of $110,700
- Destin, Fla., with a 2.9% increase and an average home value of $158,300
- Ann Arbor, Mich., with a 1.8% increase and an average home value of $169,800
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