August 2025: Home Values Stable, Rates Tight

Stacker used Zillow’s August 2025 Home Values Index to rank U.S. cities, finding the national typical home value at $363,946 (0.0% year‑over‑year). High borrowing costs — a 30‑year fixed mortgage rate of about 6.26% as of Sept. 18 — are keeping affordability under pressure by raising monthly costs. The rankings show concentrated high-priced housing: Philadelphia‑Camden‑Wilmington accounted for 29 of Pennsylvania’s top 30 cities, Boston‑Cambridge‑Newton accounted for 21 in Massachusetts, Atlanta‑Sandy Springs‑Alpharetta had 19 in Georgia, and Miami‑Fort Lauderdale‑Pompano Beach had 16 in Florida. Other notable concentrations include Indianapolis‑Carmel‑Anderson (13) in Indiana, Denver‑Aurora‑Lakewood (11) in Colorado, Columbus (10) in Ohio, and Heber and Provo (8 each) in Utah; Kill Devil Hills and a separate Billings‑area list were also highlighted. The rankings underscore persistent high prices in many metros and sharp local disparities that buyers must weigh alongside elevated borrowing costs.