Zillow just released a market report that shows home value changes throughout the nation. Overall, home prices dropped more. The average American House is worth 5.1% less than it was a year ago.

Despite the slow down in housing, there actually are some areas where home values have increased. These are generally areas that have low rates of unemployment, and a growing economy.

Among the areas that saw home value increases were, Fort Collins Colorado Real Estate, Lincoln Nebraska Real Estate, Oklahoma City Oklahoma Real Estate, and Pittsburgh Pennsylvania Real Estate.

Areas that started to see some appreciation over the past few months include Miami, Florida. The hard hit areas of Detroit and Phoenix actually saw some leveling and home values remained flat over the last few months.

The areas that saw the steepest rates of depreciation include: Atlanta Georgia Real Estate, and  Las Vegas Real Estate.

Valu Homes » Blog Archive » Where Are Home Values Rising?.