When we checked a couple of months back, the city with the largest year-over-year median home price increase was the somewhat unlikely Stockton, California. Best known for its embarrassing bankruptcy in 2012, the city in California’s Central Valley continued its housing resurgence in April.
Realtor.com data showed a massive 41.8 percent jump in median home prices in Stockton in the past year. All the cities in our top 10 are located throughout the nation and saw jumps of at least 17 percent in their median home prices. Three markets hit hard by the recession — Las Vegas; Sacramento, California; and Riverside, California — are rebounding in a big way.
To learn what you could buy in each of these fast-moving markets, we found a home in each city with a listed price within at least $10,000 of the median.
NOTE: All descriptive information comes from listings on realtor.com. Properties were on the market and listed as available at the time of publication in June 2014 unless noted otherwise.
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