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Zillow Facts: highest median home prices, least expensive median home prices, and highest appreciation rates
The markets with the highest median home prices were, in order:
San Jose-San Francisco-Oakland ($702,298) Los Angeles-Riverside-Orange County ($555,391) San Diego ($535,391) New York-Northern New Jersey-Long Island ($472,042) Sacramento-Yolo ($403,886)
The metropolitan areas with the least expensive median home prices were, in Zillow's ranking:
Oklahoma City ($98,323) San Antonio, Texas ($100,108) Memphis, Tenn. ($106,664) Dayton-Springfield, Ohio ($109,162) Houston-Galveston-Brazoria, Texas ($126,821)
Zillow said the areas with the highest appreciation rates year-over-year in the third quarter were:
Jacksonville, Fla. (19.1 percent) Portland-Salem, Ore. (17.9 percent) Orlando, Fla. (17.6 percent) Richmond-Petersburg, Va. (16.2 percent) Tampa-St. Petersburg-Clearwater, Fla. (15.9 percent) Published November 9, 2006 by the Silicon Valley/San Jose Business Journal
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