Suburban and urban areas also saw home price growth during this period, though not to the extent of rural areas, according to a report by Redfin.
Source: Inman News
Rural home prices jump 11% in July: Redfin
Published in Agent, Analysis, coronavirus pandemic, Data, home sales activity, Markets & Economy, median home price growth, median home prices, Northern New Jersey, pending home sales, Redfin, Redfin agent, remote work, rural real estate, suburban relocation and Taylor Marr
More from AgentMore posts in Agent »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
More from AnalysisMore posts in Analysis »
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- October brought the strongest buyer’s market in 12 years: Redfin
- The inventory surge is sputtering. See how your market stacks up
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- Heard of a K-shaped economy? You’re living in it now
More from coronavirus pandemicMore posts in coronavirus pandemic »
- Condo sales fall to 10-year low amid surge in insurance costs, HOA fees
- Meet Inman’s 2023 ‘Person of the Year’: The Small Broker-Owner
- The internet fell hard for real estate in 2021. But can the love affair last?
- Los Angeles apartment owners sue over COVID rent freeze
- Chris Heller: Brokerages and teams are playing chicken. Who will win?
More from DataMore posts in Data »
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- October brought the strongest buyer’s market in 12 years: Redfin
- The inventory surge is sputtering. See how your market stacks up
- New client leads, murky waters: October’s mixed bag for real estate
- What Zillow’s marketing genius can teach you about social media
More from home sales activityMore posts in home sales activity »
More from Markets & EconomyMore posts in Markets & Economy »
- Dual licensing is on the rise. Is it the right move for your business?
- Change strategy as the market shifts to win the listings long game
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
More from median home price growthMore posts in median home price growth »
- 38% of homeowners couldn’t afford their home in today’s market
- Massive metro-to-metro home price gaps reach 13-year highs
- A buyer-friendly market may soon be in reach, new data suggests
- Home prices rise in opportunity zones, but lag behind nationwide gains
- Median home prices see greatest annual growth since 2017
More from median home pricesMore posts in median home prices »
- Fall has been ‘sneaky good’ for buyers, but the ‘warm-up is not guaranteed to last’
- NAR sees existing-home sales rise ‘ever so slightly’ in July
- A ‘herky jerky’ start to the spring buyer season isn’t deterring agents
- NAR signals worst of downturn may be over as existing-home sales rise
- Easing rates expected to boost California home sales 10.5% in 2025
More from Northern New JerseyMore posts in Northern New Jersey »
- Stop losing deals: Ask ‘why?’ to find buyers who won’t back out
- Foreclosures are on the rise. Here’s how to lean into the shift and develop a new income stream
- Howard Hanna expands into NYC with purchase of Elegran
- 15 tips, tricks and tools to add to your DIY home staging kit
- 3 clichés top listing agents don’t buy into during a market downtick
More from pending home salesMore posts in pending home sales »
- October was another slow month for pending home sales
- Is the housing market in the midst of a recession? Treasury Secretary Scott Bessent thinks so
- Median monthly housing payments see sharpest drop in almost 1 year
- Pending home sales remain stuck in the mud in September
- Homebuyers froze deals at a record rate in August: Redfin
More from RedfinMore posts in Redfin »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Bayview merger positions Guild Mortgage for refinancing boom
- Zillow reverses course and removes climate data from listings
- Delistings and discounts jump as holiday season approaches
- The IDX lie agents still believe: 5 common misconceptions about real estate websites
More from Redfin agentMore posts in Redfin agent »
- Federal layoffs are fueling an inventory surge in nation’s capital
- Homebuyers remain sidelined despite more listing options
- Investor home purchases exceed pre-pandemic levels, hit record high
- Americans still want to relocate — even as pandemic fears dwindle
- $1M home searches hit record high in January: Redfin
More from remote workMore posts in remote work »
More from rural real estateMore posts in rural real estate »
More from suburban relocationMore posts in suburban relocation »
- The 8 biggest stories that impacted real estate investors in 2020
- A year of relocation: Where luxury buyers moved in 2020
- ‘Sleepy suburbs’ are the new hot spot for luxury buyers
- Increased demand for single-family rentals could lead to 10 years of undersupply
- Midwest real estate pros predict a strong start to 2021
More from Taylor MarrMore posts in Taylor Marr »
- Fewer than 2% of homes changed hands in 2023, marking 10-year low
- US rent hits just shy of all-time record high: Report
- Massive metro-to-metro home price gaps reach 13-year highs
- Spring market falls short, but low inventory is driving up competition
- Low inventory prevents prices from falling even further: Report
Be First to Comment