What Are the Country’s Hottest Markets Right Now?

Currently, the hottest market in the country is Indianapolis. With a median home value jumping up +12% to $166,800 in April 2019 from a year earlier, Indianapolis home values are double that of the nation’s at 6.1%, according to Zillow.

Here are Zillow’s top 10 gainers in April 2019:

• Indianapolis
  • Median home value – $166,800
  • Increase of +12%
• Atlanta
  • Median home value – $219,600
  • Increase of +9.6%
• Las Vegas
  • Median home value – $279,900
  • Increase of +9%
• Charlotte
  • Median home value – $208,500
  • Increase of +8.7%
• Kansas City MO
  • Median home value – $192,900
  • Increase of 7.9%
• Dallas-Fort Worth
  • Median home value – $243,900
  • Increase of +7.6%
• Orlando and Cincinnati tied
  • Orlando median home value – $238,900
    • Increase of +7.5%
  • Cincinnati median home value – $169,900
    • Increase of +7.5%
  • Columbus
    • Median home value – $192,000
    • Increase of +7.2%
  • Detroit
    • Median home value – $162,200
    • Increase of +6.9%

The country’s priciest markets all lagged behind national average gains: New York’s gains increased +4.1%, Boston’s gains increased +3.7% and Los Angeles’ gains increased just +1.4%.

The country’s most valuable metro in April 2019 was San Jose where the median home value came in at $1.2M, a decrease of -2.7% from one year ago.

Note that this report is all about home values, similar to Zestimates.