14 Main Cities The place Residence Costs Have Soared $100K+ For the reason that Pandemic

As demand for homes soared during the pandemic, so did home prices. The national average sales price in the U.S. jumped from $383,000 at the beginning of 2020 to $552,600 by the end of 2022 — a 44.3% increase in less than two years, Zoocasa reported.

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While prices have leveled out — and even have decreased in some places — since the pandemic boom, the median sales price has increased by over $100,000 in many major cities across the U.S. from 2020 to 2024.

Here’s a look at the cities where home prices have increased by six figures since the start of the COVID-19 pandemic, as identified by Zoocasa.

Richmond, Virginia

• 2020 median home price: $127,538

• 2024 median home price: $241,000

• 4-year price difference: $113,462

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Albuquerque, New Mexico

• 2020 median home price: $222,500

• 2024 median home price: $333,245

• 4-year price difference: $110,745

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Tucson, Arizona

• 2020 median home price: $245,000

• 2024 median home price: $352,500

• 4-year price difference: $107,500

Jacksonville, Florida

• 2020 median home price: $250,000

• 2024 median home price: $379,900

• 4-year price difference: $129,900

Dallas

• 2020 median home price: $259,990

• 2024 median home price: $385,000

• 4-year price difference: $125,010

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Tampa, Florida

• 2020 median home price: $248,500

• 2024 median home price: $400,000

• 4-year price difference: $151,500

Nashville, Tennessee

• 2020 median home price: $305,950

• 2024 median home price: $460,000

• 4-year price difference: $154,050

Story continues

Salt Lake City

• 2020 median home price: $357,004

• 2024 median home price: $499,995

• 4-year price difference: $142,991

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Denver

• 2020 median home price: $443,375

• 2024 median home price: $599,995

• 4-year price difference: $156,640

Miami

• 2020 median home price: $370,000

• 2024 median home price: $605,000

• 4-year price difference: $235,000

Los Angeles

• 2020 median home price: $538,500

• 2024 median home price: $750,000

• 4-year price difference: $211,500

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Boston

• 2020 median home price: $604,500

• 2024 median home price: $825,000

• 4-year price difference: $220,500

San Diego

• 2020 median home price: $660,000

• 2024 median home price: $925,000

• 4-year price difference: $265,000

San Francisco

• 2020 median home price: $853,000

• 2024 median home price: $1.1 million

• 4-year price difference: $247,000

Data is sourced from Zoocasa and is accurate as of March 28, 2024.

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This article originally appeared on GOBankingRates.com: 14 Major Cities Where Home Prices Have Soared $100K+ Since the Pandemic