Top and Bottom 10 Markets for House Price Appreciation
Since early 2020, U.S. home prices have risen sharply, up nearly 55% nationwide through the third quarter of 2025, though more than 200 metro areas have since dipped slightly from their post-pandemic peaks. Appreciation has varied widely: markets like Knoxville, TN, Atlantic City, NJ and Morristown, TN saw increases of 80% to nearly 90%, while places such as Shreveport, LA, several Louisiana metros and parts of California and Texas saw much smaller gains, ranging from about 18% to 27%.
Despite these large five-year jumps, the pace of growth is now slowing. According to the Federal Housing Finance Agency, home prices rose 3.3% year-over-year in Q3 2025, which is the slowest annual increase since 2013, signaling a cooling market after a decade of strong appreciation.
