These actual property markets have seen as a lot as a 14% bounce in value over the previous 12 months. That’s fairly a leap, contemplating house costs are up solely 4.3% on common in america.
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If you’re seeking to put money into a sizzling market (or possibly wish to steer clear of locations the place prices are quickly growing), right here’s a take a look at 20 counties in America the place actual property costs are hovering.
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Macon County, Georgia
Macon County noticed an amazing 20.43% year-over-year improve in house costs. The county’s largest metropolis is Montezuma, a spot with just below 3,000 folks. Montezuma is about two hours south of Atlanta. The median value of a house in Macon County is $103,974. To match, the median house value in Georgia is $366,000, and the state as a complete noticed a 4.6% improve in value since final 12 months.
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Grundy County, Missouri
Speak about a significant improve. Grundy County noticed a year-over-year house value improve of 19.29%. The largest metropolis within the county is Trenton, which has a inhabitants of solely 5,626. Town noticed large development over the previous 12 months. The median house value is $84,634.
Vernon County, Missouri
One other Missouri point out on the checklist is Vernon County, which noticed a 17.19% year-over-year value improve. The largest metropolis in Vernon County is Nevada, which has about 8,200 folks. Nevada is about an hour and a half south of Kansas Metropolis, Missouri. The median house value in Vernon County is $149,018.
Clinch County, Georgia
Clinch County noticed a year-over-year improve of 16.86%. The county’s largest metropolis is Homerville, which is about 2 1/2 hours southwest of Savannah. The median house value in Clinch County is $107,317.
Fayette County, West Virginia
Fayette County is the place you’ll discover Oak Metropolis — the county’s largest metropolis. Costs within the county elevated by 16.22% over the previous 12 months, bringing the median house value to $115,992.
Garfield County, Montana
The small however mighty county of Garfield noticed a 15.9% value improve in properties over the previous 12 months. The median house value is $277,343. The largest city in Garfield County is Jordan, though Jordan has solely about 350 folks.
Kiowa County, Colorado
The largest city in Kiowa County is Eads, which is about two hours east of Colorado Springs and has fewer than 1,000 folks. Nevertheless, this county did see a good quantity of development over the previous 12 months. The year-over-year house value change was 15.63%, bringing the median house value to $146,860.
McPherson County, Nebraska
Fascinated about location, Tryon (the biggest city in McPherson County) is about an hour and a half northwest of Lexington, Nebraska. McPherson County noticed a 15.19% year-over-year value change and has a median house value of $300,313.
Lafayette County, Mississippi
Lafayette County is house to Oxford, the place the College of Mississippi is. The faculty city has seen a 14.88% year-over-year house value change. The median house value proper now’s $323,727.
Ford County, Kansas
You may need heard of Dodge Metropolis, the most important metropolis in Ford County. Dodge Metropolis has a inhabitants of 27,514. Ford County noticed a 14.7% year-over-year value improve. The median house value is $194,866 in Ford County.
Scott County, Virginia
Gate Metropolis is the biggest metropolis you’ll discover in Scott County, with a inhabitants of simply over 2,000. Scott County skilled a 14.41% year-over-year value improve. The median house value in Scott County is $163,881.
Stewart County, Georgia
Many counties in Georgia noticed huge jumps in value this previous 12 months. Stewart County noticed a 14.18% bounce. Stewart County is a really small county, with solely about 4,600 folks within the county complete. The county is about two hours south of Atlanta. The median value for a house in Stewart County is simply $65,400.
Hartford County, Connecticut
Residence to Connecticut’s capital metropolis of Hartford, the county noticed a 13.13% improve in house value over the previous 12 months. The median house value is $336,610 in Hartford County.
Bulloch County, Georgia
Residence to Statesboro, Bulloch noticed a 12.91% year-over-year value improve. In Bulloch County, the median house value is $256,325.
Washington County, Virginia
Abingdon is the biggest metropolis you’ll discover in Washington County, which is on the western aspect of the state. Washington County noticed a 12.88% value improve. The median house value within the county is $245,019.
Winnebago County, Illinois
Winnebago’s largest metropolis is Rockford, which has about 146,000 folks. The county noticed a 12.79% improve in house costs, with the median house value being $174,009. For context, the state of Illinois noticed a value hike of seven.3% over the previous 12 months.
Unicoi County, Tennessee
Unicoi County is within the northeastern a part of Tennessee. Its largest metropolis is Erwin, which has just below 6,000 folks. Unicoi County noticed a 12.61% year-over-year value improve, with the median house value being $222,392. Tennessee as a complete noticed a value improve of 4.7% over the previous 12 months.
Hendry County, Florida
Hendry County has seen a 12.4% year-over-year value change, bringing the median house value to $227,329. Probably the most populous metropolis in Hendry County is Clewiston, which is about an hour and a half west of Boca Raton.
Marion County, Georgia
Marion County’s largest metropolis is Buena Vista, a two hour drive from Atlanta. Marion County noticed a 12.31% year-over-year value improve, with the median house value being $130,638.
Onondaga County, New York
Onondaga County is the place Syracuse is situated, and the faculty city has seen fairly a bounce in house value — 12.29%, to be actual. The median house value in Onondaga County is $232,390.
All house value change and median house value figures had been sourced from SparkRental.
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This text initially appeared on GOBankingRates.com: 20 Hottest Counties in America for Real Estate This Summer season
