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2034 projected home value: $460,820. The ZIP code of 72762 in Springdale, Arkansas currently has homes valued under the U.S. median, and its one year growth rate is only 2.6%.
Zillow's top 10 hottest housing markets of 2025. The primary reasons Buffalo was No. 1 again, according to Zillow? Job and wage growth, relative affordability and demand that outweighs supply.
The RPI is also available at the zip code level and can be constructed to track price trends for specific characteristics (e.g., ranch-style house, colonial-style house, etc.) since preferences can change over time.
ZCTAs or ZIP Code Tabulation Areas are the census equivalent of ZIP codes used for statistical purposes. The reason why regular ZIP codes are not used is because they are defined by routes rather than geographic boundaries. Thus, they have the tendency to overlap and otherwise create difficulties.
The US Census, since 1940, has asked home owners to estimate the value of their homes. The home-owners' estimates reflect an appreciation of 2% per year in real terms, which is significantly more than the 0.7% actual increase over the same interval as reflected in Case-Shiller index.
How much are Wichita-area homes worth? See the latest from local realtors and Zillow.
Capitalization rate (or "cap rate") is a real estate valuation measure used to compare different real estate investments.Although there are many variations, the cap rate is generally calculated as the ratio between the annual rental income produced by a real estate asset to its current market value.
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