median home value and projected its growth over 5 years using Zillow's April 2023-24 one-year forecast. Methodology: GOBankingRates took the overall U.S. Vote for Your Favorite: GOBankingRates' Top 100 Most Influential Money Expertsģ Ways to Recession Proof Your Retirementħ Things You Must Do To Create a Plan for Your MoneyĪndrew Lisa contributed to the reporting for this article. Why Stealth Wealth Is the Best Way To Handle Your Money

average projected home value in 2026: $390,726 Real Window Creative / Yakima, Washington If you're thinking of buying in any one of these 15 cities, now might be the time to pull the trigger they're still underpriced now, but they won't be by 2028. Idaho dominates the list with four of its cities in the ranking.

Using data from Zillow, GOBankingRates identified 15 cities that cost less than average now but will have above-mean list prices within the next five years. There, rising prices are outpacing typical home appreciation so quickly that homes that are below the national average today will soon be more expensive. In those places, housing prices are projected to rise, in some cases, quite significantly. In some cities, the average home costs less than that - but not for long. The national average home value, as of April 2023, is $339,459 in the U.S., a figure that's expected to rise by 4.8% to $429,135 by 2028. Next: 3 Things You Must Do When Your Savings Reach $50,000

Related: In Less Than a Decade, You'll Wish You Bought a Home in These 14 Metros Home prices have been on a wild ride the past few years.

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