15 Cities With the Largest Increase in Home Prices Over the Last Decade

Realtor helping couple with home for sale
SpeedKingz / Shutterstock.com

This story originally appeared on ConstructionCoverage.

According to data from Zillow, home prices in the U.S. have climbed over 42% in the last decade. While the country’s housing market as a whole recovered strongly from the lows of the Great Recession, the recovery was not evenly distributed throughout the country’s major cities.

As residents of some cities are being priced out of their own neighborhoods, property values in other cities have hardly changed. Even though housing prices have continued to rise during the COVID-19 pandemic, many are beginning to question whether the strong rise in home values will continue in densely populated cities.

The data used in the study comes from Zillow. To find the cities with the largest rise in home prices, researchers at Construction Coverage compared each city’s average median home price in the first six months of 2020 to its average median home price in the first six months of 2010. Cities were then ordered by their respective percentage change in median home price over that 10-year period.

Cities with less than 100,000 residents were not included in this analysis. Additionally, researchers used the latest U.S. Census Bureau’s American Community Survey data to find median household income and population data for each city.

Here are the cities with the largest increase in home prices over the last decade.

15. Boston

Sailboats in Boston harbor.
James Kirkikis / Shutterstock.com
  • Percentage increase in median home price since 2010: 72.1%
  • Absolute change in median home price since 2010: $270,462
  • 2020 median home price: $645,689
  • 2010 median home price: $375,227
  • Median household income: $71,834

14. Austin, Texas

Austin, Texas
Roschetzky Photography / Shutterstock.com
  • Percentage increase in median home price since 2010: 73.1%
  • Absolute change in median home price since 2010: $171,712
  • 2020 median home price: $406,596
  • 2010 median home price: $234,883
  • Median household income: $71,543

13. Tampa, Florida

Tampa, Florida
picturin / Shutterstock.com
  • Percentage increase in median home price since 2010: 73.3%
  • Absolute change in median home price since 2010: $107,465
  • 2020 median home price: $254,026
  • 2010 median home price: $146,562
  • Median household income: $54,599

12. Atlanta

Atlanta, Georgia, Piedmont Park skyline autumn
Sean Pavone / Shutterstock.com
  • Percentage increase in median home price since 2010: 73.4%
  • Absolute change in median home price since 2010: $125,393
  • 2020 median home price: $296,324
  • 2010 median home price: $170,932
  • Median household income: $65,345

11. Seattle

Seattle
Albert Pegp / Shutterstock.com
  • Percentage increase in median home price since 2010: 83.2%
  • Absolute change in median home price since 2010: $340,246
  • 2020 median home price: $749,417
  • 2010 median home price: $409,172
  • Median household income: $93,481

10. San Francisco

San Francisco, California
canadastock / Shutterstock.com
  • Percentage increase in median home price since 2010: 87.9%
  • Absolute change in median home price since 2010: $671,625
  • 2020 median home price: $1,436,087
  • 2010 median home price: $764,462
  • Median household income: $112,376

9. Denver

Denver, Colorado
EdgeofReason / Shutterstock.com
  • Percentage increase in median home price since 2010: 88.1%
  • Absolute change in median home price since 2010: $217,389
  • 2020 median home price: $464,068
  • 2010 median home price: $246,680
  • Median household income: $68,377

8. Mesa, Arizona

Mesa, Arizona
Tim Roberts Photography / Shutterstock.com
  • Percentage increase in median home price since 2010: 89.4%
  • Absolute change in median home price since 2010: $133,919
  • 2020 median home price: $283,741
  • 2010 median home price: $149,823
  • Median household income: $58,247

7. Aurora, Colorado

Aurora, Colorado
Steve Lagreca / Shutterstock.com
  • Percentage increase in median home price since 2010: 96.6%
  • Absolute change in median home price since 2010: $178,168
  • 2020 median home price: $362,590
  • 2010 median home price: $184,422
  • Median household income: $63,128

6. Sacramento, California

Sacramento, California
Ed Gavryush / Shutterstock.com
  • Percentage increase in median home price since 2010: 97.8%
  • Absolute change in median home price since 2010: $176,209
  • 2020 median home price: $356,369
  • 2010 median home price: $180,159
  • Median household income: $65,046

5. Las Vegas, Nevada

Las Vegas neighborhood with desert hills beyond.
Christopher Boswell / Shutterstock.com
  • Percentage increase in median home price since 2010: 98.3%
  • Absolute change in median home price since 2010: $143,651
  • 2020 median home price: $289,830
  • 2010 median home price: $146,179
  • Median household income: $53,575

4. San Jose, California

The skyline of San Jose, which has a lower median rent than median mortgage payment
stellamc / Shutterstock.com
  • Percentage increase in median home price since 2010: 98.7%
  • Absolute change in median home price since 2010: $494,246
  • 2020 median home price: $995,212
  • 2010 median home price: $500,966
  • Median household income: $113,036

3. Phoenix, Arizona

Aerial view of Phoenix, Arizona
Tim Roberts Photography / Shutterstock.com
  • Percentage increase in median home price since 2010: 99%
  • Absolute change in median home price since 2010: $136,536
  • 2020 median home price: $274,488
  • 2010 median home price: $137,952
  • Median household income: $57,957

2. Detroit

Aerial view of downtown Detroit
Andrey Bayda / Shutterstock.com
  • Percentage increase in median home price since 2010: 101.7%
  • Absolute change in median home price since 2010: $19,478
  • 2020 median home price: $38,638
  • 2010 median home price: $19,160
  • Median household income: $31,283

1. Oakland, California

Oakland, California
yhelfman / Shutterstock.com
  • Percentage increase in median home price since 2010: 102.2%
  • Absolute change in median home price since 2010: $400,119
  • 2020 median home price: $791,554
  • 2010 median home price: $391,435
  • Median household income: $76,469

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