• ResiClub
  • Posts
  • This interactive map shows the home price change since March 2020 for every U.S. county

This interactive map shows the home price change since March 2020 for every U.S. county

ResiClub made an interactive map showing the change from March 2020 to June 2024 for every county tracked by the Zillow Home Value Index.

Today’s letter is brought to you by LendingOne!

LendingOne is one of the largest and fastest growing national direct private lenders. They were founded in 2014 to help serve the unique needs for real estate investors, landlords, developers, and real estate funds. The company uses its own capital and extensive real estate experience to provide fast and flexible funding solutions to clients. They offer a suite of loan products including Rental, Fix and Flip, SFR Portfolio, Fix to Rent, and New Construction.

At LendingOne, they pride themselves on industry-leading loan closing times, transparent terms, and a dedicated team of real estate experts. They are passionate about helping investors scale their businesses with the financial support and knowledge needed to grow their real estate portfolios, making LendingOne a trusted partner in the real estate investment industry. Speak to one of their experienced loan advisors today.

On Thursday, ResiClub readers got a list of the 50 metro area housing markets where home prices are up the most since March 2020—the onset of the pandemic.

Today, ResiClub made an interactive map showing that change from March 2020 to June 2024 for every county tracked by the Zillow Home Value Index. We pulled the analysis directly from the Lance Lambert House Price Tracker (ResiClub PRO members-only).

Click here to view an interactive version of the map below

Many of the biggest home price increases since March 2020 are in smaller markets that were red-hot during the Pandemic Housing Boom. Some are “Zoomtowns”, some are beach towns, some are deep exurbs, and some are mountain towns.

The clearest example of that is New York, where counties in the Catskill Mountains region like Ulster County and Sullivan County have home prices up +68.4% and +80.5%, respectively, since March 2020. Meanwhile, urban NYC counties like Kings County (i.e. Brooklyn) and Queens County (i.e. Queens) are up +8.0% and +3.0%, respectively, since March 2020.

Click here for an interactive version of the map below

We’ve recently started to see some weakening and softening across parts of Florida. Much of this is driven by changes in the condo market following the Surfside condo collapse, as well as home insurance shocks rolling through the state.

But there’s another reason: home price growth there was simply unsustainable during the Pandemic Housing Boom. Now we’re seeing price growth in many parts of Florida decelerate or fall outright.

Click here for an interactive version of the map below

On Monday, Brad Jacobs announced that QXO has raised $620 million in new private investment and added investor Jared Kushner, the son-in-law of Donald Trump, to its board as an independent director.

Back in December, Billionaire Brad Jacobs walked ResiClub through his plans to build QXO, a soon-to-be giant in the building materials space, through acquisitions.

“If you look at my background, the teams I’ve led have done 500 acquisitions. M&A [mergers and acquisitions] is a tool in my tool kit I’ve used quite a bit,” Jacobs told ResiClub in December. “I think there’s a lot of room for creative M&A in the building products distribution space. The market is highly fragmented. You have 7,000 distributors here in North America, and almost twice that 13,000 in Europe. Most of them are private.”

Jacobs added that: “There are $20 and $30 billion dollar players already. Builders FirstSource [$20 billion market cap], you got Ferguson [$42 billion market cap]. Great companies, real fine companies. But I’m planning to do something larger than that.”