Where Home Prices Increased the Most in 2008 According to Zillow.com

This information was published in Realtor Magazine based upon an analysis by Zillow.

Areas of the U.S. that saw home prices increase the most in 2008:

  • Ithaca, N.Y., 5.6%
  • State College, Pa., 4%
  • Jacksonville, N.C., 3.9%
  • Winston-Salem, N.C., 3.4%
  • Bay City, Mi., 3.2%
  • Rochester, N.Y. 3.1%
  • Greenville, S. C., 2.8%
  • Anderson, S.C. 2.7%
  • Burlington, N.C., 2.6%
  • Spartanburg, S.C., 2.0%

Areas that saw the biggest decrease in home prices:

  • Las Vegas-Paradise, Nev., -24.6%
  • Bakersfield, Calif., -24.9%
  • Madera, Calif., -26.2%
  • Gainesville, Ga., -26.4%
  • Riverside-San Bernardino-Ontario, Calif., -30.4%
  • Modesto, Calif., -31%
  • Salinas, Calif., -32.4%
  • Merced, Calif., -32.5%
  • Vallejo-Fairfield, Calif., -33.2%
  • Stockton, Calif., -35.5%