Tulsa and Oklahoma City, Okla., bucked national trends to win a place on a top 10 list of markets with the greatest year-over-year median home-value increases from October 2010 to October 2011, based on data compiled by Zillow. None of the top 20 U.S. metro areas by population size cracked the top 10.
The Tulsa metro area topped the chart at a 6.2 percent median home value increase to $101,000 — the lowest value of the top 10 — in that one-year timespan, followed by Oklahoma City’s metro area at a 3.1 percent bump. However, the rosy home value increase news fades by No. 10 on the list — the Green Bay metro area — where a place in the top 10 no longer represents an increase in median home value, but a sliver of a decline — 0.3 percent.
Article offered by Inman News, and data compiled by Zillow. Click Here to view the full article.