Key Takeaways
- Northeast cities New Haven, Syracuse, Scranton led home price growth
- Annual national home price gains slowed to 0.8% in November
- Cape Coral, North Port, Austin prices fell furthest from last year
Home price growth by city
Knowing a housing market’s price trends can help determine where you can get a good deal or make a good investment.
Home prices rose 0.8% year-over-year in November, according to Intercontinental Exchange. But that ranged by over 16 percentage points among the 100 largest U.S. metro areas.
See which cities saw the biggest and smallest home price growth.
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With mortgage rates staying higher for longer and for-sale supply increasing, the rate of property value growth normalized in 2025.
Home prices rose 0.8% annually in November compared to 0.9% in October, according to Intercontinental Exchange’s Home Price Index. Broken down further, single-family house prices grew 1.1% year-over-year, while condo prices decreased 1.8%.
“Modest rate relief this fall has driven mortgage application volumes to multi-year highs, showing the outsized impact that incremental affordability improvements have on borrower behavior and servicer retention opportunities,” said Andy Walden, head of mortgage and housing market research at Intercontinental Exchange.
“We’re now seeing the highest concentration of rate-and-term refinances in nearly five years, almost entirely driven by borrowers holding 2023-2025 vintage loans. Notably, the market has become more rate sensitive as hundreds of thousands of borrowers move in and out of refinance incentive with small daily rate shifts. This behavior shows how quickly demand can return when affordability improves, and it highlights just how closely households are watching rates as they try to manage monthly costs and access equity.”
Among the 100 largest metro areas, New Haven, Conn., led the way with an 7.34% annual gain. Syracuse, N.Y. (7.16%) came next, with Scranton, Pa. (6.9%), Hartford, Conn. (6%), and Bridgeport, Conn. (5.97%) rounding out the top five.
Overall, 36 cities posted negative annual price growth (up monthly from 32), with 19 in the West and 17 in the South. Cape Coral, Fla., fell the most (-8.97%). Above that were North Port, Fla. (-7.07%), Austin, Texas (-4.71%), Stockton, Calif. (-3.22%) and Lakeland, Fla. (-3.09%).
The table below shows the HPI changes in November 2025 for the top 100 largest cities, according to Intercontinental Exchange:
| Metro Area | Size Rank | Census Division | Month-Over-Month Growth % | Year-Over-Year Growth % | Peak Home Price Index | Current Home Price Index |
| National | - | - | 0.19% | 0.80% | $ 431,134 | $ 431,069 |
| Akron, OH | 77 | Midwest | 0.52% | 4.95% | $ 259,622 | $ 259,622 |
| Albany, NY | 61 | Northeast | 0.40% | 5.94% | $ 374,387 | $ 374,387 |
| Albuquerque, NM | 59 | West | 0.09% | 0.96% | $ 364,608 | $ 363,845 |
| Allentown, PA | 68 | Northeast | 0.53% | 4.72% | $ 373,055 | $ 373,055 |
| Atlanta, GA | 9 | South | 0.27% | -0.33% | $ 411,575 | $ 408,056 |
| Augusta, GA | 93 | South | 0.72% | 4.36% | $ 290,684 | $ 290,684 |
| Austin, TX | 35 | South | -0.26% | -4.71% | $ 588,575 | $ 459,110 |
| Bakersfield, CA | 63 | West | 0.13% | -0.19% | $ 375,361 | $ 372,902 |
| Baltimore, MD | 20 | South | -0.05% | 0.78% | $ 405,839 | $ 404,411 |
| Baton Rouge, LA | 69 | South | 0.49% | 1.51% | $ 263,108 | $ 263,108 |
| Birmingham, AL | 48 | South | 0.45% | 3.43% | $ 296,771 | $ 296,771 |
| Boise City, ID | 83 | West | 0.08% | 0.58% | $ 543,033 | $ 516,166 |
| Boston, MA | 10 | Northeast | 0.23% | 1.84% | $ 760,350 | $ 756,735 |
| Bridgeport, CT | 57 | Northeast | 0.20% | 5.97% | $ 734,645 | $ 734,645 |
| Buffalo, NY | 49 | Northeast | 0.32% | 5.59% | $ 315,562 | $ 315,562 |
| Cape Coral, FL | 82 | South | 0.06% | -8.97% | $ 445,959 | $ 377,110 |
| Charleston, SC | 78 | South | 0.16% | 0.30% | $ 521,865 | $ 518,742 |
| Charlotte, NC | 23 | South | 0.27% | 0.79% | $ 433,239 | $ 432,702 |
| Chattanooga, TN | 99 | South | 0.36% | 0.72% | $ 353,439 | $ 353,439 |
| Chicago, IL | 3 | Midwest | 0.25% | 5.15% | $ 381,628 | $ 381,628 |
| Cincinnati, OH | 28 | Midwest | 0.16% | 3.02% | $ 318,888 | $ 318,888 |
| Cleveland, OH | 29 | Midwest | 0.15% | 4.50% | $ 258,443 | $ 258,443 |
| Colorado Springs, CO | 79 | West | -0.18% | -2.42% | $ 497,231 | $ 476,843 |
| Columbia, SC | 72 | South | 0.33% | 2.83% | $ 295,340 | $ 295,340 |
| Columbus, OH | 32 | Midwest | 0.10% | 1.90% | $ 353,323 | $ 353,323 |
| Dallas, TX | 4 | South | -0.19% | -2.86% | $ 433,670 | $ 411,476 |
| Dayton, OH | 70 | Midwest | 0.21% | 3.67% | $ 246,234 | $ 246,234 |
| Deltona, FL | 90 | South | 0.47% | -2.10% | $ 368,190 | $ 354,520 |
| Denver, CO | 21 | West | -0.06% | -2.88% | $ 622,807 | $ 587,620 |
| Des Moines, IA | 91 | Midwest | 0.14% | 0.35% | $ 298,589 | $ 297,322 |
| Detroit, MI | 14 | Midwest | 0.35% | 4.20% | $ 284,981 | $ 284,981 |
| El Paso, TX | 67 | South | 0.13% | 1.05% | $ 260,739 | $ 260,739 |
| Fresno, CA | 56 | West | 0.47% | 1.43% | $ 434,779 | $ 434,779 |
| Grand Rapids, MI | 52 | Midwest | 0.37% | 4.29% | $ 355,825 | $ 355,825 |
| Greensboro, NC | 73 | South | 0.24% | 2.55% | $ 300,118 | $ 300,118 |
| Greenville, SC | 65 | South | 0.28% | 1.89% | $ 351,826 | $ 351,826 |
| Harrisburg, PA | 96 | Northeast | 0.26% | 4.46% | $ 314,903 | $ 314,903 |
| Hartford, CT | 46 | Northeast | 0.50% | 6.00% | $ 416,412 | $ 416,412 |
| Honolulu, HI | 54 | West | 0.05% | -0.39% | $ 789,100 | $ 785,588 |
| Houston, TX | 5 | South | -0.09% | -2.45% | $ 359,614 | $ 350,755 |
| Indianapolis, IN | 33 | Midwest | 0.19% | 2.55% | $ 321,671 | $ 321,671 |
| Jackson, MS | 92 | South | 0.27% | 2.95% | $ 251,424 | $ 251,424 |
| Jacksonville, FL | 40 | South | 0.18% | -2.02% | $ 383,648 | $ 372,325 |
| Kansas City, MO | 30 | Midwest | 0.30% | 3.06% | $ 355,732 | $ 355,732 |
| Knoxville, TN | 64 | South | 0.41% | 2.03% | $ 398,581 | $ 398,581 |
| Lakeland, FL | 87 | South | 0.22% | -3.09% | $ 316,014 | $ 301,069 |
| Las Vegas, NV | 31 | West | 0.30% | -1.18% | $ 454,145 | $ 445,796 |
| Little Rock, AR | 75 | South | 0.31% | 2.62% | $ 252,442 | $ 252,442 |
| Los Angeles, CA | 2 | West | 0.05% | -0.31% | $ 1,050,880 | $ 1,039,600 |
| Louisville, KY | 43 | South | 0.24% | 3.32% | $ 304,975 | $ 304,975 |
| Madison, WI | 86 | Midwest | 0.15% | 3.43% | $ 432,356 | $ 432,206 |
| McAllen, TX | 71 | South | -0.12% | -0.19% | $ 248,656 | $ 246,137 |
| Memphis, TN | 41 | South | 0.23% | 0.90% | $ 261,940 | $ 261,940 |
| Miami, FL | 8 | South | 0.36% | -2.43% | $ 535,229 | $ 519,977 |
| Milwaukee, WI | 39 | Midwest | 0.18% | 5.43% | $ 362,782 | $ 362,782 |
| Minneapolis, MN | 16 | Midwest | 0.37% | 2.51% | $ 401,985 | $ 401,985 |
| Nashville, TN | 36 | South | 0.32% | 0.29% | $ 482,755 | $ 482,307 |
| New Haven, CT | 62 | Northeast | 0.55% | 7.34% | $ 461,131 | $ 461,131 |
| New Orleans, LA | 45 | South | 0.39% | -0.48% | $ 291,979 | $ 287,159 |
| New York, NY | 1 | Northeast | 0.50% | 4.96% | $ 784,459 | $ 784,459 |
| North Port, FL | 74 | South | 0.26% | -7.07% | $ 500,750 | $ 431,742 |
| Ogden, UT | 88 | West | 0.16% | 0.16% | $ 522,966 | $ 515,191 |
| Oklahoma City, OK | 42 | South | 0.43% | 1.45% | $ 270,767 | $ 270,767 |
| Omaha, NE | 60 | Midwest | 0.37% | 2.98% | $ 322,756 | $ 322,756 |
| Orlando, FL | 26 | South | 0.19% | -2.03% | $ 411,780 | $ 400,681 |
| Oxnard, CA | 66 | West | 0.01% | -1.49% | $ 916,016 | $ 893,885 |
| Palm Bay, FL | 98 | South | 0.44% | -2.39% | $ 382,280 | $ 366,693 |
| Philadelphia, PA | 6 | Northeast | 0.33% | 3.57% | $ 426,831 | $ 426,831 |
| Phoenix, AZ | 13 | West | 0.37% | -1.89% | $ 511,706 | $ 478,672 |
| Pittsburgh, PA | 22 | Northeast | 0.26% | 3.63% | $ 284,829 | $ 284,829 |
| Portland, OR | 24 | West | 0.00% | -1.13% | $ 569,378 | $ 553,655 |
| Providence, RI | 38 | Northeast | 0.56% | 4.84% | $ 561,586 | $ 561,586 |
| Provo, UT | 97 | West | 0.22% | 0.52% | $ 567,779 | $ 554,781 |
| Raleigh, NC | 47 | South | -0.04% | -1.37% | $ 473,208 | $ 464,307 |
| Richmond, VA | 44 | South | 0.24% | 3.13% | $ 430,955 | $ 430,955 |
| Riverside, CA | 12 | West | 0.20% | -1.27% | $ 591,183 | $ 583,199 |
| Rochester, NY | 51 | Northeast | 0.21% | 5.81% | $ 295,706 | $ 295,472 |
| Sacramento, CA | 27 | West | 0.03% | -1.79% | $ 611,190 | $ 587,314 |
| Salt Lake City, UT | 50 | West | 0.14% | -0.26% | $ 586,412 | $ 577,873 |
| San Antonio, TX | 25 | South | -0.34% | -2.85% | $ 342,398 | $ 317,619 |
| San Diego, CA | 17 | West | 0.34% | -0.85% | $ 997,096 | $ 984,545 |
| San Francisco, CA | 11 | West | 0.30% | -1.18% | $ 1,231,220 | $ 1,127,180 |
| San Jose, CA | 34 | West | 0.36% | -1.02% | $ 1,558,140 | $ 1,529,010 |
| Scranton, PA | 94 | Northeast | 0.38% | 6.90% | $ 254,340 | $ 254,340 |
| Seattle, WA | 15 | West | -0.15% | -1.03% | $ 798,398 | $ 775,559 |
| Spokane, WA | 100 | West | -0.15% | -0.75% | $ 429,893 | $ 422,266 |
| Springfield, MA | 85 | Northeast | 0.45% | 5.04% | $ 370,338 | $ 370,338 |
| St. Louis, MO | 19 | Midwest | 0.42% | 3.80% | $ 300,428 | $ 300,428 |
| Stockton, CA | 76 | West | 0.07% | -3.22% | $ 567,761 | $ 536,121 |
| Syracuse, NY | 80 | Northeast | 0.29% | 7.16% | $ 290,717 | $ 290,717 |
| Tampa, FL | 18 | South | 0.42% | -2.94% | $ 407,561 | $ 385,783 |
| Toledo, OH | 89 | Midwest | 0.14% | 3.60% | $ 222,181 | $ 222,181 |
| Tucson, AZ | 53 | West | 0.49% | -0.67% | $ 373,964 | $ 370,305 |
| Tulsa, OK | 55 | South | 0.50% | 2.93% | $ 277,873 | $ 277,873 |
| Virginia Beach, VA | 37 | South | 0.24% | 3.04% | $ 393,570 | $ 393,570 |
| Washington, DC | 7 | South | 0.05% | 0.00% | $ 613,807 | $ 610,153 |
| Wichita, KS | 84 | Midwest | 0.16% | 2.53% | $ 257,463 | $ 257,463 |
| Winston-Salem, NC | 81 | South | 0.26% | 2.62% | $ 309,804 | $ 309,804 |
| Worcester, MA | 58 | Northeast | 0.52% | 3.50% | $ 520,850 | $ 520,850 |
| Youngstown, OH | 95 | Midwest | 0.29% | 3.46% | $ 205,668 | $ 205,668 |
Advice for home buyers
Whether you’re looking to buy a property or sell one, knowing your market’s price movements can be a big help.
Before making any offers, you should be aware of what to look out for, how to negotiate your mortgage rate, take advice from experts, and see what financial assistance you might qualify for.
If you’re ready to become a homeowner, reach out to a local mortgage lender today and get started.
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