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TH E M R EP O RT | 57 O R I G I NAT I O N S E R V I C I N G DATA G O V E R N M E N T S E C O N DA R Y M A R K E T DATA AROUND THE U.S. Source: Zillow's January Real Estate Markets Report The Top Appreciating Markets in the Country Zillow's January Real Estate Markets Report found that home values across the nation increased by 7.2 percent over the past year to a Zillow Home Value Index (ZHVI) of $193,300, which is less than 1 percent shy of peak value hit nearly a decade ago. The South houses some of the nation's fastest-growing markets, including Nashville, Dallas, and three Florida markets. Below is a snapshot of the 40 largest markets, along with the ZHVI and the year-over-year change. Nashville, Tennessee $208,600 12.4% Portland, Oregon $357,000 12.1% Tampa, Florida $181,200 11.9% Dallas, Texas $202,000 11.2% Orlando, Florida $201,400 10.8% Seattle, Washington $413,900 10.7% Detroit, Michigan $136,500 10.0% Las Vegas, Nevada $216,400 9.8% Denver, Colorado $356,900 9.3% Miami, Florida $248,100 9.2% Milwaukee, Wisconsin $209,500 8.9% Jacksonville, Florida $177,200 7.8% Austin, Texas $263,400 7.7% Atlanta, Georgia $174,200 7.5% St. Louis, Missouri $149,800 7.5% Charlotte, North Carolina $169,000 7.4% Sacramento, California $355,000 7.4% New York, New York $195,300 7.2% Riverside, California $321,200 7.1% Minneapolis, Minnesota $238,000 6.7% Los Angeles, California $404,800 6.6% Phoenix, Arizona $231,300 6.6% Providence, Rhode Island $261,800 6.6% Boston, Massachusetts $413,900 6.3% San Antonio, Texas $157,500 6.3% San Diego, California $530,900 6.2% Cincinnati, Ohio $149,800 6.1% Chicago, Illinois $206,000 6.0% Houston, Texas $175,900 5.7% Kansas City, Missouri $153,500 5.4% Cleveland, Ohio $131,700 4.9% Pittsburgh, Pennsylvania $134,300 4.8% Philadelphia, Pennsylvania $214,000 4.6% Columbus, Ohio $161,100 4.5% San Francisco, California $833,600 4.4% Baltimore, Maryland $258,400 4.0% San Jose, California $970,000 4.0% Indianapolis, Indiana $135,600 3.7% Washington, D.C. $380,900 3.6% Virginia Beach, Virginia $219,800 3.2% Metropolitan Area Metropolitan Area Year-over-year ZHVI Change Year-over-year ZHVI Change Zillow Home Value Index (ZHVI) Zillow Home Value Index (ZHVI)