These real estate markets have seen as much as a 14% jump in price over the past year. That’s quite a leap, considering home prices are up only 4.3% on average in the United States.
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If you are looking to invest in a hot market (or maybe want to stay away from places where costs are rapidly increasing), here’s a look at 20 counties in America where real estate prices are soaring.
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Macon County, Georgia
Macon County saw a tremendous 20.43% year-over-year increase in home prices. The county’s biggest city is Montezuma, a place with just under 3,000 people. Montezuma is about two hours south of Atlanta. The median cost of a home in Macon County is $103,974. To compare, the median home price in Georgia is $366,000, and the state as a whole saw a 4.6% increase in price since last year.
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Grundy County, Missouri
Talk about a major increase. Grundy County saw a year-over-year home price increase of 19.29%. The biggest city in the county is Trenton, which has a population of only 5,626. The city saw massive growth over the past year. The median home price is $84,634.
Vernon County, Missouri
Another Missouri mention on…
