#housing-prices

#housing-prices

The Home Counties offer a best of both worlds.

In 2021, during the peak of the pandemic housing market that saw L.A. home prices skyrocket, The Times compiled a list of the newest neighborhoods to join the proverbial "million-dollar club," where the typical single-family home value is above $1 million. Five years later, plenty more have made the cut. Whereas the previous group featured trendy L.A. neighborhoods (Echo Park, Highland Park), South L.A. enclaves (Crenshaw, Leimert Park) and slices of the San Fernando Valley (Porter Ranch, Woodland Hills),

For most Americans, every home purchase is a bit of a gamble. Is now the right time to jump into the market? Can I haggle on the price a bit more? What if mortgage rates drop in a few months? These questions have always made buying a new place feel a little like hitting the blackjack table. For the better part of a century, these implicit bets on future real

A house in Oakland that sold for $150,000 tops the list of the most affordable real estate sales in the Bay Area in the past week. For comparison, the overall average price of real estate in the area during that time was $1.5 million. The average price per square foot was $839. A total of 363 home sales were recorded for the period with an average square footage of 1,807 square feet, 3 bedrooms, and 1 bathroom.

The cost of home insurance in the United States rose by ~89% between 2014 and 2025, as rapidly climbing home prices, more frequent extreme weather events and inflation impacted insurers and homeowners. ICE analysts share key insights from their recent 10-year study into the forces propelling rising insurance costs across the nation. Over the past decade, home insurance costs have risen rapidly in many parts of the United States.

On a median-priced home of $405,000, that equates to an extra $7,300 to $17,415. These overbids often include all-cash transactions, waived contingencies and faster closings. There are several reasons an investor might pay more than market value, Malone wrote. It can be a tactic to quickly close on a home, or it could be a speculative bet that the seller has underpriced a property. It could also simply be a lack of local knowledge.

Londoners pay a 42,700 premium to live close to a train or Tube station, new research suggests. A property in the capital that is 500m (0.31 miles) away from a station is 8% more expensive than a similar property 1,500m (0.93 miles) from one, a study by Nationwide found. In contrast, the premium is 4.9% (10,900) in Manchester and 4.6% (8,800) in Glasgow, the building society's study discovered.

The most affordable lake town in the U.S., according to their rankings, is Grenada, Mississippi. Located in north-central Mississippi, about 1.5 hours from both Jackson and Memphis, Grenada has a very low cost of living (just $2,493 a month) thanks in part to low average mortgage costs, which are around $708 a month. The average value of a single-family home is $123,711, and the median household income is $42,470.

Western Springs, Illinois took first place, while Massachusetts' own Lexington and Winchester placed second and third. Lexington experiences a property crime rate of 2.937 per 1,000 and a violent crime rate of 0.294 per 1,000. The annual cost of living there runs about $145,764 per household. The mean household income in the area sits just above $300,000. The average value for a single-family home in Lexington is $1,697,821.

According to Theiss' research, the Brooklyn-to-Staten Island migration came from just four neighborhoods - Sunset Park, Bensonhurst, Borough Park and Bay Ridge - and was most likely fueled by a disparity in real estate prices. Redfin's data showed that Brooklyn's median home sale price hovered at $850,000 in the first five months of 2025, while the average Staten Island home fetched approximately $712,000 during the same span.

On April 25, 2025, a 1,562-square-foot house at 435 Allegan Circle in San Jose sold for $1,480,000, translating to $948 per square foot.

The recent sale of a 2,003-square-foot home on Kiowa Court in Fremont for $1,500,500 highlights the evolving real estate market amidst increasing property prices.

A profitable Fannie Mae, one with a strong balance sheet and strong capital focused on delighting customers, means a safe and sound U.S. mortgage market.

The average house price in Sutton is 485,630, reflecting a 25.15% increase over the past five years due to rising property demand.