Three Midwest markets are among the top 5 U.S. metros which saw the biggest year-over-year home price increases last month.
Three of the five U.S. cities that reported the biggest year-over-year jumps in home prices in February were in the Midwest, according to new data from Realtor.com. The top spot was taken by Cincinnati, Ohio, which saw the median sale price of a typical home surged by 4.
3 percent to $338,841—still under the national median of $403,450 in the same month, which was down 2.1 from a year earlier. Kansas City, Missouri, and Pittsburgh, Pennsylvania, followed with a jump in the median sale price of 4.3 percent each. In Kansas City, the median sale price of a typical home was $394,975, while in Pittsburgh it was $238,450. Next came San Jose, California, with a median sale price of $1,349,975, up 3.5 percent from a year earlier, and Indianapolis, Indiana, with a median sale price of $309,950, up 3.3 percent from a year earlier. Seven more cities reported yearly increases above the 1 percent mark: Hartford, Connecticut , Seattle, Washington , Providence, Rhode Island , Raleigh, North Carolina , Virginia Beach, Virginia , Philadelphia, Pennsylvania and Birmingham, Alabama .Metro-level data largely reflects regional trends. According to Realtor.com, the Midwest is the only region where home prices increased year-over-year last month, up 0.2 percent. In the Northeast, they were down 0.1 percent; in the South, by 1.7 percent; and in the West, by 2.2 percent. This is mainly because the Midwest remains a much more affordable housing market than the rest of the country, as revealed by many of the metros that faced the biggest yearly increases in February. Despite the surges, metros such as Cincinnati, Kansas City and Indianapolis had median sale prices lower than the national average. The same can be said of Pittsburgh, Virginia Beach , Philadelphia and Birmingham but not of any of the other metros on the top 10. In the Midwest and the Northeast, two regions represented in the top 10 metros that faced the biggest yearly price increases in February, inventory has not grown as much as in the South, where developers added new construction over the past few years, and the West. It is not only affordability that is keeping the Midwest market—and part of the Northeast and West—so dynamic that prices are going up while trending down in much of the rest of the country. The region’s competitive market remains not only because of continuous demand but also because of a lack of supply. Hartford was one of only seven among the country’s 50 largest markets where active listings were down year-over-year in February, by 7.8 percent. It was also among the seven metros where inventory remains more than 50 percent below 2017-2019 inventory levels, at -82.1 percent, along with Providence, at -61.1 percent.More active listings across the country has contributed to putting a damper on home price growth over the past year, slowing at first and now reversing it entirely, although modestly. The number of actively listed homes rose 7.9 percent last month compared to February 2025, marking the 28th consecutive month of year-on-year inventory gains. But the U.S. housing market remains more or less stalled, as buyers remain cautious amid high costs and growing economic uncertainty now tied to the war in Iran as well as the Trump administration’s embattled tariffs., ours is different: The Courageous Center—it's not"both sides," it's sharp, challenging and alive with ideas. We follow facts, not factions. If that sounds like the kind of journalism you want to see thrive, we need you., you support a mission to keep the center strong and vibrant. Members enjoy: Ad-free browsing, exclusive content and editor conversations.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Utah Representatives Maloy and Kennedy Announce Reelection Bids Under New Congressional MapUtah Representatives Celeste Maloy and Mike Kennedy have officially declared their candidacy for reelection, adapting to the new congressional map. The announcement follows Rep. Burgess Owens's decision not to seek reelection, allowing both representatives to choose their districts strategically. The changes come as Utah’s political landscape shifts, with the Republican stronghold reduced from four House seats to three.
Read more »
A New Hotel Is Putting This Underrated Central London Neighborhood Back on the MapThe newly opened The Newman in Fitzrovia is an ode to its surroundings—a bohemian central London enclave with some of the city’s best shopping and dining.
Read more »
Map Reveals States That Are Most – And Least – Dependent On GovernmentPersonal finance firm WalletHub analyzed the return on federal taxes paid, the share of federal jobs, and federal funding as a percentage of state revenue in all 50 U.S. states and graded states on a 100-point weighted scale.
Read more »
Map Shows States With Highest Risk of FluThe map shows that just 11 states have a “very low“ socio-economic vulnerability to influenza-like illnesses.
Read more »
Best Places to Raise a Family: Data Reveals Top Cities and States in the U.S.New studies from HireAHelper and WalletHub identify the best locations in the U.S. for raising children, considering factors such as schools, safety, and cost of living. Irvine, California, tops the city list, while Massachusetts leads the states.
Read more »
Best US Cities and States to Raise a Family: New Data Reveals Top RankingsNew studies from HireAHelper and WalletHub identify the best US cities and states for raising children, considering factors like schools, safety, cost of living, and family-friendliness. Irvine, California tops the city list, while Massachusetts leads the states.
Read more »