Metros with Median List Price of $400K or Less Showing Stronger Price Appreciation

Home prices are rising at a modest pace, at 3.6 percent nationally as of April 2019. However, the pace of price appreciation varies significantly across metro areas, with highly expensive metros ($700,000 or over) showing price declines and less expensive metro areas, usually with the median list price at $400,000 or below, are showing strong price gains.
Source: NAR Research