Map Shows Where Home Prices Have Soared the Most And Least Since COVID
Summary
U.S. home prices have risen sharply since the start of the COVID-19 pandemic, increasing nearly 30% nationwide between 2019 and 2025. Some states saw much higher increases due to high demand, low supply, and migration, while other states had smaller price rises or recent corrections.Key Facts
- From 2019 to 2025, U.S. home prices grew by about 30% on average.
- Maine and Vermont saw the largest increases, around 62%.
- Nine states reported home price increases over 50%, including Connecticut, Florida, New York, and South Carolina.
- States with many new homes built, like Arizona and Texas, may see slower or declining home prices soon.
- States with restricted home building, like New York and Massachusetts, are expected to continue price increases.
- Home prices are still rising nationally in 2026 but at a slower rate of about 1-2% per year.
- Mortgage interest rates rose sharply in 2022 and have stayed high, making borrowing more expensive.
- The pandemic and rise of remote work pushed many people to move to cheaper areas, increasing demand there.
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