How much are home prices up right now?

It varies by market. Across the 43 US metros LOKAL tracks, the median metro is +2.2% year over year as of July 2026 (average +2.5%). Individual metros range from double-digit gains to declines, so check your specific market.

Which markets have the fastest-rising home prices?

As of July 2026, the fastest-rising covered metros year over year include San Francisco, CA (+12.1%), Chicago, IL (+11.6%), Salt Lake City, UT (+9.8%), Atlanta, GA (+7.5%), Indianapolis, IN (+6.7%).

Is year-over-year or month-over-month a better gauge?

Year-over-year is cleaner because it strips out seasonality. Month-over-month is noisier and can swing on a single strong or slow month, so use it only to spot very recent turns.

LOKAL / Guides / How much are home prices up?

Trends guideUpdated July 2026

How much are home prices up?

Across the 43 US metros LOKAL tracks, the median metro is up about +2.2% year over year as of July 2026, with an average change of +2.5%. "Home prices are up" is really a range: some markets are climbing double digits while others have slipped below last year. Your metro is what matters; a national average hides both.

Fastest-rising covered metros

Median sale price, year over year, as of July 2026. Open any market for the full breakdown.

San Francisco, CA+12.1%Chicago, IL+11.6%Salt Lake City, UT+9.8%Atlanta, GA+7.5%Indianapolis, IN+6.7%Boise, ID+6.0%Philadelphia, PA+6.0%Tampa, FL+4.9%Denver, CO+4.6%Cape Coral, FL+4.3%El Paso, TX+4.3%Jacksonville, FL+4.3%

Why the "up" number is a range

A single national figure blends hot and cooling markets. As of July 2026, covered medians run from $242K in Columbus, OH to $1.55M in San Francisco, CA, and their year-over-year moves differ just as much. Local supply, jobs and rates drive the spread.

Year-over-year is the cleaner read than month-over-month, which is noisier and seasonal. If you want the trajectory, look at the YoY figure and whether it is accelerating or fading.

Find your metro's exact change

Every LOKAL metro page shows the current median sale price with both month-over-month and year-over-year change, straight from Zillow Research and refreshed monthly. Pick your city to see precisely how much prices are up, or down, where you sell.

Questions

How much are home prices up right now?: It varies by market. Across the 43 US metros LOKAL tracks, the median metro is +2.2% year over year as of July 2026 (average +2.5%). Individual metros range from double-digit gains to declines, so check your specific market.
Which markets have the fastest-rising home prices?: As of July 2026, the fastest-rising covered metros year over year include San Francisco, CA (+12.1%), Chicago, IL (+11.6%), Salt Lake City, UT (+9.8%), Atlanta, GA (+7.5%), Indianapolis, IN (+6.7%).
Is year-over-year or month-over-month a better gauge?: Year-over-year is cleaner because it strips out seasonality. Month-over-month is noisier and can swing on a single strong or slow month, so use it only to spot very recent turns.

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Data from Zillow Research. Verify against your local MLS before quoting figures.