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Almost 90% of metro markets (201 out of 226, or 89%) experienced home price increases in the fourth quarter of 2024, as the 30-year fixed mortgage rate ranged from 6.12% to 6.85%. Fourteen percent of the 226 tracked metro areas posted double-digit price gains over the same period, down from 7% in the second quarter.
The next quarterly Metropolitan Median Area Prices and Affordability and Housing Affordability Index release will be Thursday, May 8, 2025, at 10 a.m. Eastern Time.
NAR’s quarterly Metropolitan Median Area Prices and Affordability report provides a breakdown of condo and co-op prices by metro market.
Metro Area Median Price Index data are provided by NAR solely for use as a reference. No part of the data may be reproduced, stored in a retrieval system, transmitted or redistributed in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without NAR's prior written consent for those who are not members of NAR.
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