Florida markets dominate the fastest appreciating ZIP codes as winter settles in.
But most ZIP codes in the US with sufficient data to measure have been appreciating for some time: over 80% of markets each month for 14 months straight! The rate of appreciation nationally for price per square foot remains higher than the year before, though early signs it may be slowing at last. Will appreciation rates plateau or return rocket once more as seasonal real estate markets heat up again?
A massive fourteen of the top twenty fastest appreciating ZIP codes are located in FL, the most appearing in a single state at least 18 months time. The top three spots, however, are all in Tennessee, with #1 and #3 in Sevierville.
Explore this interactive map of the top 20 regions with the highest price per square foot appreciation or jump to the full report here.
Fastest appreciating zip codes by median price per square ft. based on sales in December 2021 and 2020.
* Map marker locations are approximate.
37876 - Sevierville, TN
$356.4 /sq.ft.
trending_up Up 101% from $176.8 in 2020
37203 - Nashville, TN
$539.6 /sq.ft.
trending_up Up 75% from $307.6 in 2020
37862 - Sevierville, TN
$385.8 /sq.ft.
trending_up Up 69% from $227.9 in 2020
32461 - Sunnyside, FL
$767.8 /sq.ft.
trending_up Up 65% from $464.2 in 2020
34228 - Longboat Key, FL
$613.3 /sq.ft.
trending_up Up 57% from $390.6 in 2020
32459 - Santa Rosa Beach, FL
$529.2 /sq.ft.
trending_up Up 54% from $341.6 in 2020
33931 - Fort Myers Beach, FL
$545.8 /sq.ft.
trending_up Up 53% from $354.7 in 2020
33060 - Pompano Beach, FL
$297.6 /sq.ft.
trending_up Up 53% from $193.5 in 2020
32550 - Miramar Beach, FL
$469.9 /sq.ft.
trending_up Up 49% from $314.8 in 2020
32541 - Destin, FL
$398.3 /sq.ft.
trending_up Up 47% from $269.3 in 2020
85143 - San Tan Valley, AZ
$223.2 /sq.ft.
trending_up Up 47% from $151.6 in 2020
62269 - O Fallon, IL
$204.9 /sq.ft.
trending_up Up 46% from $140.2 in 2020
33950 - Punta Gorda, FL
$273.4 /sq.ft.
trending_up Up 45% from $187.5 in 2020
34286 - North Port, FL
$218.2 /sq.ft.
trending_up Up 45% from $149.9 in 2020
33703 - Saint Petersburg, FL
$327.9 /sq.ft.
trending_up Up 45% from $225.2 in 2020
34145 - Marco Island, FL
$641.8 /sq.ft.
trending_up Up 45% from $440.9 in 2020
34211 - Memphis, FL
$282.7 /sq.ft.
trending_up Up 45% from $194.2 in 2020
34109 - Naples, FL
$309.2 /sq.ft.
trending_up Up 45% from $212.8 in 2020
27604 - Raleigh, NC
$216.7 /sq.ft.
trending_up Up 45% from $149.1 in 2020
33445 - Delray Beach, FL
$216.7 /sq.ft.
trending_up Up 45% from $149.2 in 2020
Based on median sale prices in December 2021 and 2020.
ZIP Code | 2021 - MedianPrice Per Sq.ft. | Price Per Sq.ft. | 2021 - MedianSale Price | Sale Price | |
---|---|---|---|---|---|
#1 | 37876Sevierville, TN | $356.4trending_up Up 102% since 2020 | $176.8 | $495,000 | $286,250 |
#2 | 37203Nashville, TN | $539.6trending_up Up 75% since 2020 | $307.6 | $713,250 | $575,000 |
#3 | 37862Sevierville, TN | $385.8trending_up Up 69% since 2020 | $227.9 | $579,450 | $345,000 |
#4 | 32461Sunnyside, FL | $767.8trending_up Up 65% since 2020 | $464.2 | $1,757,500 | $1,079,000 |
#5 | 34228Longboat Key, FL | $613.3trending_up Up 57% since 2020 | $390.6 | $820,000 | $670,000 |
#6 | 32459Santa Rosa Beach, FL | $529.2trending_up Up 55% since 2020 | $341.6 | $1,050,000 | $743,750 |
#7 | 33931Fort Myers Beach, FL | $545.8trending_up Up 54% since 2020 | $354.7 | $650,000 | $451,950 |
#8 | 33060Pompano Beach, FL | $297.6trending_up Up 54% since 2020 | $193.5 | $407,500 | $276,000 |
#9 | 32550Miramar Beach, FL | $469.9trending_up Up 49% since 2020 | $314.8 | $840,000 | $732,500 |
#10 | 32541Destin, FL | $398.3trending_up Up 48% since 2020 | $269.3 | $529,000 | $381,669 |
#11 | 85143San Tan Valley, AZ | $223.2trending_up Up 47% since 2020 | $151.6 | $390,000 | $288,095 |
#12 | 62269O Fallon, IL | $204.9trending_up Up 46% since 2020 | $140.2 | $260,000 | $193,000 |
#13 | 33950Punta Gorda, FL | $273.4trending_up Up 46% since 2020 | $187.5 | $525,000 | $289,900 |
#14 | 34286North Port, FL | $218.2trending_up Up 46% since 2020 | $149.9 | $352,000 | $245,000 |
#15 | 33703Saint Petersburg, FL | $327.9trending_up Up 46% since 2020 | $225.2 | $410,000 | $303,000 |
#16 | 34145Marco Island, FL | $641.8trending_up Up 46% since 2020 | $440.9 | $962,000 | $627,500 |
#17 | 34211Memphis, FL | $282.7trending_up Up 46% since 2020 | $194.2 | $590,000 | $401,250 |
#18 | 34109Naples, FL | $309.2trending_up Up 45% since 2020 | $212.8 | $562,000 | $370,000 |
#19 | 27604Raleigh, NC | $216.7trending_up Up 45% since 2020 | $149.1 | $347,000 | $262,500 |
#20 | 33445Delray Beach, FL | $216.7trending_up Up 45% since 2020 | $149.2 | $277,500 | $180,000 |
Average home values can be influenced by especially low or especially high priced sales. Medians represent a value such that half of observed prices are lower than or equal to the median, and the other half are greater than or equal to the median. By using medians instead of simple averages to represent typical home values, a more accurate and useful estimate of what a home buyer can expect is given.
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