Zillow January 2021 Market Report

Market Report provided by ZIllow

Annual growth in home values was faster in January than at any point since the years preceding the 2008 Great Recession — a sign that the red-hot housing market of 2020 did not lose any heat as the calendar turned to 2021. The U.S. Zillow Home Value Index (ZHVI) rose to $269,039 in January, up 1.1% from December and matching December’s all-time record for monthly growth dating to 1996. The typical U.S. home was worth 9.1% more in January 2021 than it was in January 2020, the fastest annual pace recorded by ZHVI since June 2006 and surpassing December 2013 (8.5%) for the fastest pace recorded in the post-Great Recession era.