This Indiana City Ranked #2 for Property Value Increase

Bloomington, Illinois, ranks top, with an average annual property value increase of 30.24%.
Muncie, Indiana, and Fond du Lac, Wisconsin, rank second and third, respectively.
Data on the average annual property value change in 363 US cities was sourced from Realtor.

A new study has revealed the US cities with the fastest climbing property value, with Bloomington, Illinois, taking the top spot.

Storage unit comparison site Sparefoot.com analyzed data from Realtor to find the median property value over the last five years in 363 US cities. The median price in 2021 was compared to the price in 2025 to calculate the average annual percentage change. The US cities with the greatest increase in property value determined the final ranking.

Bloomington, Illinois, ranks first, with an average value increase of 30.24% per year. From a sample of 265 properties, the city recorded a median value of $135,000 in January 2021 and $291,000 in January 2025. Bloomington’s highest recorded median value was in January 2024, at $352,450.

Muncie, Indiana, ranks second, with an average value increase of 27.48% per year. Muncie recorded a median value of $68,950 in January 2021 and $152,925 in January 2025 from a sample size of 285 properties. The city’s highest recorded median value was $167,400 in January 2023.

In third place is Fond du Lac, Wisconsin, with an average value increase of 22.56% per year. The city’s median property value climbed from $164,450 in January 2021 to $329,450 in January 2025 from a sample of 219 properties. Fond du Lac’s highest median property value was $329,742 in January 2023.

Paducah, Kentucky, ranks fourth, with an average value increase of 20.16% per year. From a sample of 316 properties, the city recorded a median value of $139,900 in January 2021 and $249,950 in January 2025. Paducah’s highest recorded median value was in January 2024, at $269,950.

In fifth comes St. Joseph, Missouri, with an average value increase of 18.51% per year. St. Joseph recorded a median value of $115,000 in January 2021 and $223,200 (the highest recorded value over the five years) in January 2025 from a sample size of 272 properties.

Farmington, New Mexico, ranks sixth, with an average value increase of 17.62% per year. The city’s median property value climbed from $205,000 in January 2021 to $381,995 in January 2025 from a sample of 222.

Seventh on the list is Erie, Pennsylvania, with an average value increase of 17.61% per year. From a sample of 341 properties, the city recorded a median value of $135,000 in January 2021 and $249,675 in January 2025 – this being the highest recorded value.

In eighth place is Lawton, Oklahoma, with an average value increase of 17.55% per year. Lawton recorded a median value of $104,975 in January 2021 and $176,325 in January 2025 from a sample size of 619 properties. The city’s highest recorded median value was $203,688 in January 2024.

Mansfield, Ohio, ranks ninth, with an average value increase of 17.29% per year. The city’s median property value climbed from $122,000 in January 2021 to $219,900 (the highest recorded value over the five years) in January 2025 from a sample of 233.

Landing the tenth spot is Vineland, New Jersey, with an average value increase of 17.13% per year. From a sample of 414 properties, the city recorded a median value of $160,000 in January 2021 and $299,850 in January 2025 – this being the highest recorded value.

(Source)

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