The U.S. housing market is splitting: metro areas with the highest home value appreciation over the past 30 years have grown exponentially faster than those with the slowest appreciation. And, according to a Trulia report, the split is widening.
- Home values on the West Coast have increased exponentially over the past 30 years versus the slow increases seen in the South and East Coast.
- San Francisco has the highest median home price for the last 30 years and remains the most expensive, with a $1,058,474 median price tag.
- The value median value increase in San Francisco since 1986 was 557 percent. Oakland grew 383 percent in the same time, while Los Angeles grew 348.1 percent.