Cities with the fastest growing home prices in Madera metro area

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November 23, 2022
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Cities with the fastest growing home prices in Madera metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Madera, CA metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 9 cities and towns with data available were included in the list.

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1 / 9
Stacker

#9. Ahwahnee, Ahwahnee

- 1-year price change: +$51,781 (+12.1%)
- 5-year price change: +$172,485 (+56.1%)
- Typical home value: $479,816 (#4 most expensive city in metro)
2 / 9
Stacker

#8. Chowchilla, Chowchilla

- 1-year price change: +$55,368 (+16.4%)
- 5-year price change: +$171,350 (+77.6%)
- Typical home value: $392,103 (#9 most expensive city in metro)
3 / 9
Stacker

#7. Coarsegold, Coarsegold

- 1-year price change: +$57,971 (+15.0%)
- 5-year price change: +$167,313 (+60.5%)
- Typical home value: $443,777 (#6 most expensive city in metro)
4 / 9
Stacker

#6. Oakhurst, Oakhurst

- 1-year price change: +$59,168 (+15.5%)
- 5-year price change: +$169,406 (+62.4%)
- Typical home value: $440,899 (#7 most expensive city in metro)
5 / 9
Stacker

#5. Madera, Madera

- 1-year price change: +$62,594 (+18.2%)
- 5-year price change: +$171,760 (+73.1%)
- Typical home value: $406,808 (#8 most expensive city in metro)

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6 / 9
Stacker

#4. Friant, Friant

- 1-year price change: +$64,314 (+11.4%)
- 5-year price change: +$219,228 (+53.7%)
- Typical home value: $627,560 (#2 most expensive city in metro)
7 / 9
Stacker

#3. North Fork, North Fork

- 1-year price change: +$65,043 (+16.9%)
- 5-year price change: +$168,887 (+60.3%)
- Typical home value: $449,105 (#5 most expensive city in metro)
8 / 9
Stacker

#2. Raymond, Raymond

- 1-year price change: +$77,776 (+18.8%)
- 5-year price change: +$202,906 (+70.6%)
- Typical home value: $490,484 (#3 most expensive city in metro)
9 / 9
Stacker

#1. Bass Lake, Bass Lake

- 1-year price change: +$203,993 (+26.4%)
- 5-year price change: +$462,512 (+89.8%)
- Typical home value: $977,533 (#1 most expensive city in metro)

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