Whole Foods and Trader Joe’s aren’t just good for groceries
By Marian McPherson | Inman
Homes near Whole Foods and Trader Joe’s appreciate 140 percent and 148 percent, respectively — nearly double the rate of the median U.S. home.
Organic food does your body good, but according to Zillow, it’ll do your home some good as well. As of 2016, 2.8 million homes are located near one of 375 Whole Foods locations or 451 Trader Joe’s locations, and those homes have appreciated at double the rate of homes in other areas.
From 1997 to 2014, the median U.S. home originally worth $103,000 had appreciated 71 percent to $177,000. Meanwhile, a median home near Whole Foods originally worth $157,000 appreciated a whopping 140 percent to $376,000; and a median home near Trader Joe’s appreciated 148 percent to $407,000 during the same time.
