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The 20 fastest appreciating zip codes across the nation.

Posted: January 2022 (Data from November 2021)
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Home appreciation rates by zip code

It is clear that the US real estate market has increased far more than last year.

Compared to 2020, October 2020's year-over-year appreciation rate is almost five raw percentage points higher than last year, amounting to a 40% increase.

Ten of the top twenty fastest appreciating ZIP codes are in Florida, with the highest level of appreciation observed more than doubling both prices and square footage costs for ZIP code 44691 in Wooster, Ohio.

National price per square foot trend

Real estate market map

Explore this interactive map of the top 20 regions with the highest price per square foot appreciation or jump to the full report here.

See the November report here.

Fastest appreciating zip codes by median price per square ft. based on sales in November 2021 and 2020.

* Map marker locations are approximate.

1

44691 - Wooster, OH

$274.2 /sq.ft.

trending_up Up 120% from $124.5 in 2021

2

33404 - West Palm Beach, FL

$358.3 /sq.ft.

trending_up Up 103% from $175.7 in 2021

3

37876 - Sevierville, TN

$370.4 /sq.ft.

trending_up Up 101% from $183.5 in 2021

4

28445 - Holly Ridge, NC

$354.2 /sq.ft.

trending_up Up 92% from $184.0 in 2021

5

32459 - Santa Rosa Beach, FL

$496.0 /sq.ft.

trending_up Up 71% from $289.9 in 2021

6

36561 - Orange Beach, AL

$437.5 /sq.ft.

trending_up Up 68% from $258.9 in 2021

7

34120 - Naples, FL

$293.7 /sq.ft.

trending_up Up 61% from $181.9 in 2021

8

85379 - Surprise, AZ

$230.3 /sq.ft.

trending_up Up 58% from $144.9 in 2021

9

33137 - Miami, FL

$550.7 /sq.ft.

trending_up Up 54% from $356.3 in 2021

10

36542 - Gulf Shores, AL

$351.8 /sq.ft.

trending_up Up 52% from $230.7 in 2021

11

33763 - Clearwater, FL

$180.0 /sq.ft.

trending_up Up 52% from $118.1 in 2021

12

34108 - Naples, FL

$557.1 /sq.ft.

trending_up Up 52% from $366.3 in 2021

13

33434 - Boca Raton, FL

$163.8 /sq.ft.

trending_up Up 51% from $107.9 in 2020

14

08701 - Lakewood, NJ

$234.2 /sq.ft.

trending_up Up 51% from $154.7 in 2021

15

32541 - Destin, FL

$421.1 /sq.ft.

trending_up Up 50% from $279.4 in 2021

16

92264 - Palm Springs, CA

$383.8 /sq.ft.

trending_up Up 49% from $256.7 in 2021

17

34211 - Memphis, FL

$276.7 /sq.ft.

trending_up Up 48% from $185.9 in 2021

18

34212 - Bredenton, FL

$240.3 /sq.ft.

trending_up Up 47% from $163.0 in 2021

19

21502 - Cumberland, MD

$100.0 /sq.ft.

trending_up Up 46% from $68.2 in 2021

20

38111 - Memphis, TN

$119.1 /sq.ft.

trending_up Up 46% from $81.5 in 2021

Full home appreciation report.

Based on median sale prices in November 2021 and 2020.

ZIP Code 2021 - MedianPrice Per Sq.ft. Price Per Sq.ft. 2021 - MedianSale Price Sale Price
#1 44691Wooster, OH $274.2trending_up Up 120% since 2020 $124.5 $370,000 $176,600
#2 33404West Palm Beach, FL $358.3trending_up Up 104% since 2020 $175.7 $505,000 $280,000
#3 37876Sevierville, TN $370.4trending_up Up 102% since 2020 $183.5 $442,000 $317,000
#4 28445Holly Ridge, NC $354.2trending_up Up 93% since 2020 $184.0 $487,000 $329,000
#5 32459Santa Rosa Beach, FL $496.0trending_up Up 71% since 2020 $289.9 $990,000 $617,500
#6 36561Orange Beach, AL $437.5trending_up Up 69% since 2020 $258.9 $534,950 $418,750
#7 34120Naples, FL $293.7trending_up Up 62% since 2020 $181.9 $499,000 $335,000
#8 85379Surprise, AZ $230.3trending_up Up 59% since 2020 $144.9 $418,750 $337,791
#9 33137Miami, FL $550.7trending_up Up 55% since 2020 $356.3 $500,000 $350,000
#10 36542Gulf Shores, AL $351.8trending_up Up 52% since 2020 $230.7 $394,500 $294,000
#11 33763Clearwater, FL $180.0trending_up Up 52% since 2020 $118.1 $230,000 $148,000
#12 34108Naples, FL $557.1trending_up Up 52% since 2020 $366.3 $851,000 $505,000
#13 33434Boca Raton, FL $163.8trending_up Up 52% since 2020 $107.9 $150,000 $100,000
#14 08701Lakewood, NJ $234.2trending_up Up 51% since 2020 $154.7 $410,000 $250,000
#15 32541Destin, FL $421.1trending_up Up 51% since 2020 $279.4 $572,000 $473,300
#16 92264Palm Springs, CA $383.8trending_up Up 50% since 2020 $256.7 $613,000 $376,500
#17 34211Memphis, FL $276.7trending_up Up 49% since 2020 $185.9 $545,500 $378,000
#18 34212Bredenton, FL $240.3trending_up Up 47% since 2020 $163.0 $515,000 $349,900
#19 21502Cumberland, MD $100.0trending_up Up 47% since 2020 $68.2 $134,900 $89,500
#20 38111Memphis, TN $119.1trending_up Up 46% since 2020 $81.5 $131,250 $91,500

Why use Median Values for home appreciation analysis?

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.

How do I find housing appreciation data for my area?

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