Cities with the fastest growing home prices in Modesto metro area

Written by:
January 19, 2023
Volodymyr Kyrylyuk // Shutterstock

Cities with the fastest growing home prices in Modesto 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 Modesto, CA metro area using data from Zillow. Cities are ranked by 1-year price change as of December 2022. The typical home value in the United States increased over the last year by +8.4%% to $356,819. All 16 cities and towns with data available were included in the list.

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1 / 16
Stacker

#16. Farmington, CA

- 1-year price change: +$3,760 (+0.5%)
- 5-year price change: +$316,657 (+61.1%)
- Typical home value: $834,551 (#2 most expensive city in metro)
2 / 16
Stacker

#15. Salida, CA

- 1-year price change: +$10,412 (+2.2%)
- 5-year price change: +$165,192 (+52.8%)
- Typical home value: $477,954 (#9 most expensive city in metro)
3 / 16
Stacker

#14. Modesto, CA

- 1-year price change: +$10,901 (+2.6%)
- 5-year price change: +$154,097 (+55.4%)
- Typical home value: $432,487 (#14 most expensive city in metro)
4 / 16
Stacker

#13. Keyes, CA

- 1-year price change: +$11,810 (+3.1%)
- 5-year price change: +$146,987 (+58.9%)
- Typical home value: $396,748 (#16 most expensive city in metro)
5 / 16
Stacker

#12. Ceres, CA

- 1-year price change: +$13,637 (+3.2%)
- 5-year price change: +$158,054 (+56.8%)
- Typical home value: $436,486 (#13 most expensive city in metro)

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6 / 16
Stacker

#11. Oakdale, CA

- 1-year price change: +$13,902 (+2.6%)
- 5-year price change: +$179,265 (+48.8%)
- Typical home value: $546,383 (#6 most expensive city in metro)
7 / 16
Stacker

#10. Newman, CA

- 1-year price change: +$14,170 (+3.3%)
- 5-year price change: +$158,104 (+56.2%)
- Typical home value: $439,437 (#12 most expensive city in metro)
8 / 16
Stacker

#9. Riverbank, CA

- 1-year price change: +$15,720 (+3.5%)
- 5-year price change: +$157,739 (+51.4%)
- Typical home value: $464,531 (#11 most expensive city in metro)
9 / 16
Stacker

#8. Turlock, CA

- 1-year price change: +$18,108 (+4.0%)
- 5-year price change: +$154,919 (+49.7%)
- Typical home value: $466,723 (#10 most expensive city in metro)
10 / 16
Stacker

#7. Hickman, CA

- 1-year price change: +$19,458 (+3.1%)
- 5-year price change: +$233,340 (+56.4%)
- Typical home value: $647,101 (#4 most expensive city in metro)

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11 / 16
Stacker

#6. Patterson, CA

- 1-year price change: +$20,743 (+4.2%)
- 5-year price change: +$178,278 (+52.6%)
- Typical home value: $517,031 (#8 most expensive city in metro)
12 / 16
Stacker

#5. Waterford, CA

- 1-year price change: +$24,874 (+6.3%)
- 5-year price change: +$155,366 (+58.3%)
- Typical home value: $421,669 (#15 most expensive city in metro)
13 / 16
Stacker

#4. Hughson, CA

- 1-year price change: +$27,523 (+5.3%)
- 5-year price change: +$186,386 (+52.1%)
- Typical home value: $543,847 (#7 most expensive city in metro)
14 / 16
Stacker

#3. Denair, CA

- 1-year price change: +$27,756 (+5.3%)
- 5-year price change: +$193,221 (+53.5%)
- Typical home value: $554,127 (#5 most expensive city in metro)
15 / 16
Stacker

#2. Crows Landing, CA

- 1-year price change: +$71,284 (+9.6%)
- 5-year price change: +$280,064 (+52.4%)
- Typical home value: $814,349 (#3 most expensive city in metro)

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16 / 16
Stacker

#1. Vernalis, CA

- 1-year price change: +$219,920 (+27.1%)
- 5-year price change: +$280,064 (data not available)
- Typical home value: $1,032,317 (#1 most expensive city in metro)

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