Home values are 6.9% higher than a year ago, with the median U.S. home now worth $202,700, according to the September Zillow® Real Estate Market Report, out Thursday.
Seattle and San Jose reported double-digit home value appreciation over the past year. In Seattle, home values are 12.4% higher than at this time last year, and home values are just over 10% higher in San Jose. Following these two metros in home value growth are Las Vegas, Charlotte, N.C. and Orlando, Fla. This is the ninth month in a row that Seattle home values have been the fastest growing in the nation.