5 Housing Markets Showing Price Appreciation | Bedford Corners NY Homes

While home prices are starting to show more signs of stabilizing, some states are already seeing prices start to climb. The states with the highest price appreciation in January, according to new data released by CoreLogic, are: 

  • South Dakota: prices rose 5.7%
  • North Dakota: up 4%
  • West Virginia: up 4%
  • Montana: up 3.6%
  • Michigan: up 3%

Not all states fared as well for the month, however. According to CoreLogic’s report, overall home prices in January, which includes distressed sales, dropped 3.1 percent compared to a year earlier. 

“Although home price declines are slowly improving and not far from the bottom, home prices are down to nearly the same levels as 10 years ago,” said Mark Fleming, chief economist for CoreLogic.

The states that saw the biggest price depreciation in January was Illinois, where home prices were down 8.7 percent for the month.

This post was last modified on %s = human-readable time difference 10:05 am

Robert Paul

Robert is a realtor in Bedford NY. He has been successfully working with buyers and sellers for years. His local area of expertise includes Bedford, Pound Ridge, Armonk, Lewisboro, Chappaqua and Katonah. When you have a local real estate question please call 914-325-5758.

Recent Posts

Out of Sevice with brain injury since November.

Just back out of hospital in early March for home recovery. Therapist coming today.

2 years ago

Existing home sales down 28% | Katonah Real Estate

Sales fell 5.9% from September and 28.4% from one year ago.

2 years ago

Single-Family Housing Contraction Continues | Bedford Hills Real Estate

Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…

2 years ago

Closed Median Sale Price in Hudson Valley/NYC Markets Declined by 2.50% in October | Bedford Real Estate

OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…

2 years ago

Building Materials Prices Decline for Second Consecutive Month | Pound Ridge Real Estate

The prices of building materials decreased 0.2% in October

2 years ago

Mortgage rates drop with inflation drop | Bedford Corners Real Estate

Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.

2 years ago

This website uses cookies.