10 cities where home prices have skyrocketed the most in the past 10 years

Gabrielle Olya
Updated
Sean Pavone / Getty Images/iStockphoto
Sean Pavone / Getty Images/iStockphoto

Although the real estate market is finally cooling down, home prices around the country are still significantly higher than they were a decade ago. But some cities have seen higher rates of home price increases than others.

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Point2 analyzed the median home prices in 187 U.S. metro areas in 2011 and 2021, and identified the cities where prices have skyrocketed the most. Here are the 10 cities with the largest price increases over the past decade.

Rauluminate / Getty Images
Rauluminate / Getty Images

10. Port St. Lucie, Florida
Median home price in 2011: $108,200
Median home price in 2021: $332,000
Percent increase: 206.8%

lucky-photographer / Getty Images
lucky-photographer / Getty Images

9. Las Vegas
Median home price in 2011: $124,700
Median home price in 2021: $397,000
Percent increase: 218.3%
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Sean Pavone / Getty Images/iStockphoto
Sean Pavone / Getty Images/iStockphoto

8. Atlanta
Median home price in 2011: $98,600
Median home price in 2021: $317,200
Percent increase: 221.7%

Nelson Sirlin / Shutterstock.com
Nelson Sirlin / Shutterstock.com

7. Punta Gorda, Florida
Median home price in 2011: $97,500
Median home price in 2021: $315,000
Percent increase: 223.1%

4kodiak / Getty Images
4kodiak / Getty Images

6. Reno, Nevada
Median home price in 2011: $158,000
Median home price in 2021: $531,800
Percent increase: 236.6%

TriggerPhoto / Getty Images/iStockphoto
TriggerPhoto / Getty Images/iStockphoto

5. Cape Coral, Florida
Median home price in 2011: $102,900
Median home price in 2021: $360,000
Percent increase: 249.9%

LordRunar / Getty Images/iStockphoto
LordRunar / Getty Images/iStockphoto

4. Phoenix
Median home price in 2011: $115,500
Median home price in 2021: $415,400
Percent increase: 259.7%

ablokhin / Getty Images
ablokhin / Getty Images

3. Naples, Florida
Median home price in 2011: $175,000
Median home price in 2021: $645,000
Percent increase: 268.6%

knowlesgallery / Getty Images/iStockphoto
knowlesgallery / Getty Images/iStockphoto

2. Boise, Idaho
Median home price in 2011: $115,400
Median home price in 2021: $468,600
Percent increase: 306.1%

Shutterstock.com
Shutterstock.com

1. Detroit
Median home price in 2011: $53,800
Median home price in 2021: $245,700
Percent increase: 356.7%
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All data is sourced from Point2.

This article originally appeared on GOBankingRates.com: 10 Cities Where Home Prices Have Skyrocketed the Most Over the Past 10 Years

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