Interactive Map Shows Smaller Housing Markets Have Seen the Bulk of Home Price Increases
Exurbs, mountain towns, and other small cities have seen housing costs spike, while major cities see minimal change
July 23, 2024
Image: SeanPavonePhoto / stock.adobe.com
Homes in mountain towns, resort areas, and small exurbs have grown in price since 2020.
Since 2020, home prices have soared across the nation, but some areas of the U.S. have been more affected than others. The ResiClub blog put together an interactive map that shows which counties have seen the largest housing cost spikes from 2020 to 2024. That map indicates that the biggest home price increases were in smaller housing markets that many people flocked to during the pandemic housing boom, including beach towns, exurbs, and mountain towns.
The clearest example of that is New York, where counties in the Catskill Mountains region like Ulster County and Sullivan County have home prices up +68.4% and +80.5%, respectively, since March 2020. Meanwhile, urban NYC counties like Kings County (i.e. Brooklyn) and Queens County (i.e. Queens) are up +8.0% and +3.0%, respectively, since March 2020.