As we transitioned into the new year, low mortgage rates and low inventory drove up real estate prices in markets across the country.
But exactly how much did
home values increase at the start of 2021?
According to the most recent CoreLogic Home Price Insights report, in January, home prices in the US were up 10 percent year over year. That means if you
purchase a home for $350,000 in January 2020, by January 2021, that home would have increased in value by $35,000—bringing your home value to $385,000.
Demand for homes is high and inventory is low, which is driving up home prices—so if you’ve been thinking about selling, now is a great time to list and fetch top dollar for your home.
Call / Text me anytime with any question on selling your home 715.245.3261
Find out how much your home or real estate property is worth. Get Your FREE Home Market Analysis Report Right Now!
View properties available in the area today. Start your search for your dream home or contact me to conduct a personalized search for you.