With half of 2024 gone, it's time for our Mid-year review of HSH's 2024 Mortgage and Housing Market Outlook. Have a look and see how we're doing!

With half of 2024 gone, it's time for our Mid-year review of HSH's 2024 Mortgage and Housing Market Outlook. Have a look and see how we're doing!

Home Value Tracker - Home Value Changes by Metro - 4th Quarter 2021

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In the fourth quarter of 2021, some of the nation's smallest metropolitan areas saw some of the largest increases in home values.

February 24, 2022 - HSH.com releases today an updated Home Value Tracker, the firm's quarterly analysis of changing home values in the nation’s top 400 metropolitan housing markets. Developed by HSH, a premiere consumer destination for mortgage information and rate shopping since 1979, the HVT reveals the 10 metropolitan areas with the fastest annual home price increases and the 10 with the smallest annual gains.

The latest evaluation examines home value changes in more than 400 of the most populous metropolitan areas. The content shows value changes from the previous quarter, two quarters ago and over the last year as well as three- and five-year reference points. A home value lookup tool allows users to see their local market's changes over these fixed time points.

HSH.com’s Home Value Tracker uses the Federal Housing Finance Agency's (FHFA) Home Price Index for insight on changes to housing market values. HVT is based on an "all transactions" index involving conforming, conventional mortgages purchased or securitized by Fannie Mae or Freddie Mac and includes both purchase and refinance transactions. The data does not include property transactions backed by FHA, VA, USDA or private-market non-conforming (i.e. jumbo) mortgages.

In the fourth quarter of 2021, four of the metro areas with the fastest year-over-year increases in value were located in Idaho, with gains ranging as high as almost 34%. Conversely, three of the ten markets with the smallest annual increases were located in Louisiana, and the smallest annual increase in any of the 400 metro areas was just 3.91% in the Odessa, TX metro area.

Value changes from a sampling of major metro areas Percent value increase since 4Q20
Boston, MA 14.86%
San Diego-Chula Vista-Carlsbad, CA 18.55%
Portland-Vancouver-Hillsboro, OR-WA 18.40%
Detroit-Dearborn-Livonia, MI 14.24%
Charlotte-Concord-Gastonia, NC-SC 22.05%

See the full set of more than 400 metro areas here: https://www.hsh.com/home-value-tracker.html

Homeowners interested in seeing how their home's value has changed over any time period from 1995 to now are encouraged to use HSH.com's free “Home Value Tracker-MyHVT.” The tool allows users to select their market from more than 400 metropolitan areas and enter the time frame in which they've owned their home; changes in the home's value during this ownership period are revealed and a current price estimate based on housing cost trends in the selected metro area over the time frame is provided.

About HSH.com
Since 1979, HSH.com has been a trusted mortgage resource for consumers seeking independent, objective and expert-level mortgage information, forecasts and data. HSH.com offers unique analysis, calculators, tools and content to help demystify first mortgages, home equity loans and lines of credit, reverse mortgages and more. HSH.com empowers homebuyers and homeowners to fully understand their home financing choices and provide opportunities for them to engage with partners to execute their transactions.

Website: https://www.hsh.com
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