Residential Products Online content is now on probuilder.com! Same great products coverage, now all in one place!

10 small towns with hot housing markets

The 24/7 Wall St. blog used data from Zillow to pinpoint 10 small towns that have had large year-over-year price increases. Towns in Arizona, Michigan, California, and Florida are among those that made the list.

September 24, 2012

The 24/7 Wall St. blog used data from Zillow to pinpoint 10 small towns that have had large year-over-year price increases. To be considered, the town must have between 30,000 to 50,000 residents. Here are the top small towns for housing:

1. Florence, Ariz. - 21.8 percent/$115,300 (one-year home price change/median home value)

2. Northville Township, Mich. - 15.7 percent/$268,700

3. Saratoga, Calif. - 14.4 percent/$1,620,200

4. Kendall West, Fla. - 13.7 percent/$101,800

5. Menlo Park, Calif. - 13.4 percent/$1,169,600

6. Walla Walla, Wash. - 12.8 percent/$167,400

7. Edina, Minn. - 12.0 percent/$344,300

8. Papillion, Neb. - 11.3 percent/$191,500

9. Culpeper, Va. - 9.4 percent/$172,100

10. Parkersburg, W.Va. - 8.8 percent/$71,400

For the full report, visit: http://247wallst.com/2012/09/24/small-towns-with-soaring-housing-markets/

PB Topical Ref