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5 Places Where Home Prices Just Keep Climbing

Fort Lauderdale, Florida
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Housing prices are sliding nationwide, but that doesn’t mean every market is heading in reverse.

Nationwide, prices fell 4.1% year over year in April, the third straight month of declines, according to Redfin. The real estate brokerage firm found median prices sank in 45 of the 50 metro areas it analyzed.

However, some cities are defying that trend and actually recording price gains. Following are the places where home prices just keep rising.

5. St. Louis

St. Louis St Louis Saint Louis
Paul Brady Photography / Shutterstock.com

Year-over-year change in the median home sale price in this metropolitan area: 7.8% increase as of April

If you are just starting out, consider relocating to St. Louis. It is among the “The Best U.S. Cities to Find a Starter Home.”

4. Cincinnati

Street scene in Cincinnati, Ohio
aceshot1 / Shutterstock.com

Year-over-year change in the median home sale price in this metropolitan area: 8% increase as of April

Not only are prices rising in Cincinnati, but the future also looks bright: The city is a popular place among millennials.

3. Milwaukee

The Bronze Fonz statue
Nejdet Duzen / Shutterstock.com

Year-over-year change in the median home sale price in this metropolitan area: 8.9% increase as of April

Milwaukee — and its cold winters — might not jump to mind as a retirement destination, but it has a lot to offer seniors, as we note in “15 Best-Paying Cities for Working Seniors in 2023.”

2. Allentown, Pennsylvania

Allentown, Pennsylvania
Mihai_Andritoiu / Shutterstock.com

Year-over-year change in the median home sale price in this metropolitan area: 8.9% increase as of April

Allentown is an overlooked and affordable gem — but you might want to think twice about retiring there. Pennsylvania is among the “The 15 Most Expensive States for Retirees in 2023.”

1. Fort Lauderdale, Florida

Fort Lauderdale, Broward County, Florida
Sean Pavone / Shutterstock.com

Year-over-year change in the median home sale price in this metropolitan area: 10.7% increase as of April

Prices are soaring in Fort Lauderdale, which has helped land the coastal community on the list of the “12 Places With More Million-Dollar Homes in 2023.”

Are you looking for a home? Stop by the Money Talks News Solutions Center and search for the best mortgage rate.

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