A review of the Zillow Home Value Index (ZHVI) data spanning from 2015 to 2024 indicates that home prices have appreciated between 121% and 183% in 25 cities across Florida, Tennessee, Georgia, and North Carolina. Clewiston, Florida tops the list with a whopping 183% rise in home values, closely followed by Toccoa, Georgia and Okeechobee, Florida, both surpassing 158% growth. Notably, Florida markets account for more than half of the cities analyzed, where inland areas have shown significantly more appreciation compared to coastal regions.
Despite the inclusion of larger hubs like Tampa and Knoxville, smaller markets have demonstrated the highest percentage gains. Cities such as Thomaston, Georgia, and Palatka, Florida have transitioned from being budget-friendly options to emerging growth markets, with median home values in most cities now exceeding $250,000. These price increases correlate with wider trends in the Southeast, including an influx of interstate migrants, the rise of remote work, and a consistent interest in the region’s favorable climate and lifestyle. The data was collected as of December 11, 2024.
#25. Crossville, TN
In Crossville, Tennessee, the value of homes has seen a significant surge, jumping from $135,219 in 2015 to $299,376 in 2024—a 121.4% increase, amounting to an absolute rise of $164,157. Recognized as the “Golf Capital of Tennessee,” Crossville sits on the Cumberland Plateau and boasts seven award-winning golf courses, appealing to both retirees and golf lovers. Its strategic positioning between Nashville and Knoxville, along with a comfortable climate and lower living costs compared to larger cities, has fueled demand for housing, particularly from retirees pursuing an active lifestyle.
About Crossville
The economy here is diverse, thriving in sectors such as manufacturing, healthcare, and tourism, with prominent employers including CoLinx, Aviagen, and Cumberland Medical Center. Moreover, the nearby Cumberland Mountain State Park and multiple lakes offer outdoor activities, making Crossville more appealing to both retirees and younger families looking for a great quality of life.
#24. Tullahoma, TN
In Tullahoma, Tennessee, home prices have surged from $133,710 in 2015 to $296,088 in 2024, which is a 121.44% increase translating to a total increment of $162,378. This central Tennessee city is experiencing notable market growth, reflecting broader regional developments.
About Tullahoma
Tullahoma is recognized as a center for aerospace and aviation technology, housing Arnold Air Force Base and the University of Tennessee Space Institute. Its economic strength is rooted in aerospace, advanced manufacturing, and education. With a favorable location between Nashville and Chattanooga, Tullahoma has become more appealing due to the presence of Jack Daniel’s Distillery in nearby Lynchburg and the Arnold Engineering Development Complex, ensuring a stable job market. The city’s focus on education and amenities for quality of life further attracts families and professionals alike.
#23. Lakeland, FL
Lakeland, Florida has experienced a rise in home values from $139,654 in 2015 to $310,935 in 2024, yielding a 122.65% increase with an absolute gain of $171,280. This central Florida city has consistently grown as part of the rapidly expanding central Florida corridor.
About Lakeland
Lakeland functions as a significant logistics and distribution center, being the headquarters of Publix Supermarkets and home to major Amazon facilities. Its strategic position between Tampa and Orlando, along with a historic downtown, Florida Southern College (which boasts the largest collection of Frank Lloyd Wright architecture), and an attractive lake system, has drawn in both businesses and residents. The robust job market spanning logistics, healthcare, and education, paired with comparatively affordable housing against nearby Tampa and Orlando, has fueled steady population growth and home demand.
#22. Knoxville, TN
In Knoxville, Tennessee, the housing market has seen a strong uptick, with home prices rising from $153,152 in 2015 to $343,338 in 2024, representing a substantial 124.18% increase and an absolute gain of $190,185. This noteworthy appreciation points to Knoxville’s increased allure as a significant urban center in East Tennessee.
About Knoxville
As the home of the University of Tennessee and Oak Ridge National Laboratory, Knoxville boasts robust foundations in education, research, and technology. Its diversified economy spans healthcare, tech, and manufacturing sectors. Additionally, its proximity to the Great Smoky Mountains National Park, vibrant downtown, and lower living costs compared to other southeastern cities make it appealing to young professionals and retirees alike. The location of the Tennessee Valley Authority headquarters and a growing number of tech startups have sustained a stable job market and continued housing demand.
#21. Tampa, FL
Home values in Tampa, Florida, have escalated from $165,992 in 2015 to $373,039 in 2024, marking a 124.73% increase with an absolute gain of $207,047. This coastal city continues to see a steady rise in value as it draws in a growing number of new residents from across the country.
About Tampa
Tampa boasts a dynamic economy fueled by healthcare, finance, tech, and tourism industries, with significant employers such as MacDill Air Force Base, Tampa General Hospital, and numerous Fortune 500 companies. Its inviting climate, absence of state income tax, flourishing cultural scene, and extensive waterfront have established it as an attractive locale for young professionals and retirees alike. Recent development initiatives like Water Street Tampa, airport expansion, and a booming tech sector have bolstered the housing market further.
#20. Ocala, FL
In Ocala, Florida, home values have experienced an increase from $123,819 in 2015 to $279,207 in 2024, equating to a 125.50% rise and an absolute gain of $155,388. This north-central city has seen ongoing growth due to its appeal to retirees and working professionals alike.
About Ocala
Nicknamed the “Horse Capital of the World,” Ocala’s economy is heavily influenced by its equestrian industry, hosting many thoroughbred farms and training centers. Its location along the I-75 corridor, combined with a burgeoning healthcare sector led by AdventHealth Ocala and emerging commerce centers, has diversified the local economy. The nearby Ocala National Forest, natural springs, and warm climate continue to draw in retirees and outdoor enthusiasts, while its lower housing prices compared to coastal cities also appeal to families.
#19. Brevard, NC
In Brevard, North Carolina, home prices have increased from $202,664 in 2015 to $457,057 in 2024, showcasing a 125.52% rise with an absolute increase of $254,392. This mountain town has gained considerable recognition as a sought-after destination.
About Brevard
Brevard is celebrated for its outdoor recreational activities, particularly mountain biking and hiking, with Pisgah National Forest and DuPont State Forest in close proximity. The presence of Brevard College, a vibrant arts community including the Brevard Music Center, and its reputation as “The Land of Waterfalls” has appealed to both retirees and outdoor enthusiasts. Growth in outdoor tourism, second-home ownership, and remote work options has contributed to rising property values in this scenic mountain area.
#18. Cornelia, GA
In Cornelia, Georgia, home prices have increased from $134,604 in 2015 to $304,124 in 2024, signifying a 125.94% rise with an absolute gain of $169,520. This town in northeast Georgia has experienced steady growth as part of the expanding North Georgia mountain region.
About Cornelia
#17. Port St. Lucie, FL
In Port St. Lucie, Florida, home values have run from $173,207 in 2015 to $395,950 in 2024, marking a 128.60% increase and a total gain of $222,742. This coastal city has seen substantial growth as it attracts new residents looking for an affordable Florida lifestyle.
About Port St. Lucie
Port St. Lucie has transitioned from being primarily residential to becoming a vibrant city with expanding commercial sectors. Notable institutions like Cleveland Clinic Tradition Hospital, Torrey Pines Institute for Molecular Studies, and the New York Mets spring training facility have diversified its economy. Its master-planned communities, extensive parks, and prime location between Miami and Orlando, coupled with lower housing costs compared to other South Florida areas, make it particularly inviting for families and retirees.
#16. Sanford, NC
In Sanford, North Carolina, home prices have risen from $122,391 in 2015 to $280,037 in 2024, which signifies a 128.80% increase and an absolute gain of $157,645. This city has experienced consistent appreciation benefitting from growth in the Triangle region.
About Sanford
Sanford’s economy heavily relies on manufacturing, particularly in biotechnology, pharmaceuticals, and advanced manufacturing sectors. With Central Carolina Community College nearby, along with access to Research Triangle Park and recent investments from companies like Pfizer and Caterpillar, the job market has seen considerable strengthening. With a charming downtown, growing industrial parks in Lee County, and its strategic positioning between Raleigh and Fayetteville, Sanford continues to grow in attractiveness for both businesses and residents alike.
#15. Calhoun, GA
In Calhoun, Georgia, home values have increased from $115,164 in 2015 to $265,011 in 2024, which indicates a notable 130.12% rise with an absolute gain of $149,846. This northwest Georgia city has shown remarkable growth as part of the expanding greater Atlanta area.
About Calhoun
Calhoun is recognized as a key hub for the textile and flooring industries, featuring various carpet and flooring manufacturers, including Mohawk Industries. Its location along I-75, a strong manufacturing presence, and proximity to both Atlanta and Chattanooga have strengthened its economic base. Furthermore, recent diversifications into the automotive parts and logistics industries, along with a historic downtown and beautiful Harris Arts Center, have made Calhoun attractive for both businesses and new residents.
#14. Homosassa Springs, FL
In Homosassa Springs, Florida, home values have increased from $119,518 in 2015 to $280,197 in 2024, translating to a 134.44% rise and an absolute increment of $160,679. This community on Florida’s Nature Coast has attracted attention as more people discover its unique natural features.
About Homosassa Springs
This area is famed for its manatees and clear springs, making it a paradise for nature lovers, particularly with the Homosassa Springs Wildlife State Park at its heart. The local economy thrives on eco-tourism, fishing, and retirement lifestyles. The natural splendor, recreational activities, and generally affordable coastal living make it especially appealing to retirees and environmental advocates alike.
#13. McMinnville, TN
In McMinnville, Tennessee, home prices have escalated from $103,742 in 2015 to $243,573 in 2024, exhibiting a 134.79% increase and an absolute gain of $139,831. This central Tennessee town has maintained steady growth while retaining its small-town charm.
About McMinnville
Dubbed the “Nursery Capital of the World,” McMinnville’s economy is anchored in the nursery industry, with numerous plant nurseries around the area. Enhanced tourism, thanks to its proximity to the enchanting Cumberland Plateau and attractions like Cumberland Caverns, alongside a growing industrial base, has made it a desirable place for a diverse range of residents.
#12. Palatka, FL
In Palatka, Florida, home prices have advanced from $89,769 in 2015 to $212,915 in 2024, showcasing a remarkable 137.18% increase and an absolute gain of $123,146. This historic riverside city has experienced significant price growth as buyers look for more affordable alternatives in Florida.
About Palatka
Located on the banks of the St. Johns River, Palatka melds rich history with striking natural landscapes. The economy is supported by entities like Georgia-Pacific’s paper mill, St. Johns River State College, and a growing tourism sector. The combination of its riverfront appeal, historic downtown area, and proximity to larger northeast Florida cities enhance its desirability, while relatively low house prices compared to coastal areas are attractive to retirees and first-time buyers alike.
#11. Sevierville, TN
Sevierville, Tennessee has seen home prices soar from $169,626 in 2015 to $407,573 in 2024, reflecting a 140.28% increase with an absolute gain of $237,947. This appreciation underscores the city’s rising status as a main gateway to the Great Smoky Mountains, contributing to its upswing as a tourist spot.
About Sevierville
Famed as Dolly Parton’s hometown, Sevierville falls within the tourist corridor for Pigeon Forge and Gatlinburg. The economy here largely thrives on tourism and the hospitality sector. With its ideal location near the Great Smoky Mountains National Park, extensive shopping opportunities, and attractions like Dollywood, there is a booming demand from visitors. The combination of a robust vacation rental market and permanent population growth has fueled significant increases in home values.
#10. Sebring, FL
In Sebring, Florida, home prices have climbed from $101,209 in 2015 to $243,491 in 2024, reflecting a 140.58% increase and a total gain of $142,282. This central Florida town has seen notable growth as buyers seek more budget-friendly options compared to coastal areas.
About Sebring
Known for its heritage as “The City on the Circle” and as home to the distinguished Sebring International Raceway, the city blends small-town charm with international fame. Its economy thrives on tourism, agriculture (especially citrus), and the healthcare sector. With its picturesque lakes, pleasant year-round climate, and the renowned 12 Hours of Sebring race, Sebring has drawn retirees and racing fans alike and remains an affordable location compared to Florida’s coastal regions.
#9. Lewisburg, TN
In Lewisburg, Tennessee, home values have climbed from $131,552 in 2015 to $318,419 in 2024, marking a 142.05% increase and an absolute gain of $186,867. This middle Tennessee city is experiencing substantial appreciation, benefiting from the explosive growth in the Nashville region.
About Lewisburg
Lewisburg hosts a diversified economy that spans manufacturing, agriculture, and logistics. Positioned along I-65 between Nashville and Huntsville, with multiple major manufacturers like Calsonic Kansei North America and a historic town square, Lewisburg has emerged as an increasingly attractive place for commuters and families looking for a small-town atmosphere without sacrificing accessibility to major jobs.
#8. Shelbyville, TN
In Shelbyville, Tennessee, home prices have risen from $130,534 in 2015 to $317,069 in 2024, showing a 142.90% increase, resulting in an absolute gain of $186,535. This increase illustrates the city’s growing desirability as a suburb of the Nashville metropolitan region.
About Shelbyville
Known as “The Walking Horse Capital of the World,” Shelbyville balances the equine industry with manufacturing and agriculture. The city hosts the notable Tennessee Walking Horse National Celebration and is home to several major manufacturers, including Tyson Foods. Its strategic location within commuting distance to Nashville and Murfreesboro, alongside its charming historic downtown, has attracted both industries and new residents.
#7. Wauchula, FL
Wauchula, Florida has seen home values rise from $90,444 in 2015 to $220,678 in 2024, showing a substantial 143.99% increase with an absolute gain of $130,234. This inland city in Florida has experienced notable appreciation as buyers turn to more affordable options compared to coastal cities.
About Wauchula
Wauchula, dubbed the “Cucumber Capital of the World,” has its roots in agricultural practices, especially in citrus and vegetable farming. The town’s quaint charm, rich history, and ease of access to Tampa and Orlando have propelled its growth. The fusion of budget-friendly housing, a slower-paced lifestyle, and proximity to Florida’s major attractions makes it appealing to both retirees and families seeking tranquility.
#6. Arcadia, FL
In Arcadia, Florida, home values have escalated from $102,531 in 2015 to $252,238 in 2024, showcasing a 146.01% increase and a total gain of $149,706. This inland Florida city has experienced impressive growth as buyers seek affordable housing while still enjoying proximity to Gulf Coast amenities.
About Arcadia
With its historic downtown and rodeo culture, Arcadia serves as the county seat of DeSoto County and thrives on a strong agricultural economy focused on citrus, cattle ranching, and farming. The annual All-Florida Championship Rodeo, vintage shopping areas, and outdoor activities along the Peace River enrich tourism in the city. Its central location between Sarasota and Fort Myers makes it attractive to retirees and families looking for a traditional small-town Florida ambiance with manageable housing costs.
#5. Cedartown, GA
In Cedartown, Georgia, home prices have jumped from $84,905 in 2015 to $213,480 in 2024, marking a robust 151.43% increase with an absolute gain of $128,575. The growing growth in this northwest Georgia city mirrors the expanding metropolitan influence of Atlanta.
About Cedartown
As the county seat of Polk County, Cedartown fuses historical allure with industrial vigor. The economy is supported by a variety of manufacturing entities, including the furniture production of HON Company and automotive supply chains. Recognized as a Main Street City, with the picturesque Silver Comet Trail and a charming downtown area, Cedartown’s location near Atlanta and Rome enhances its attraction, appealing to both industries and residents who enjoy small-town living combined with urban convenience.
#4. Thomaston, GA
In Thomaston, Georgia, home values have skyrocketed from $67,770 in 2015 to $174,851 in 2024, denoting a remarkable 158.00% increase with a substantial absolute gain of $107,080. This drastic rise highlights the city’s transition from its textile origins to a more diversified economic landscape within the greater Atlanta region.
About Thomaston
Thomaston’s historical textile background has evolved into a more varied economy thanks to investments in manufacturing, healthcare, and education. The presence of Southern Crescent Technical College, Upson Regional Medical Center, and various manufacturing companies ensure stable employment. The town’s historic downtown charm, its closeness to Atlanta, and significantly lower housing prices in comparison to urban areas have made it attractive to retirees and commuters alike.
#3. Okeechobee, FL
In Okeechobee, Florida, home prices have escalated from $107,699 in 2015 to $278,342 in 2024, marking a 158.44% increase with an absolute gain of $170,642. This city, known for its distinct character, has become increasingly popular with new residents drawn to the authentic Florida lifestyle.
About Okeechobee
Located on the northern shore of Lake Okeechobee, Florida’s largest freshwater lake, Okeechobee’s economy thrives on agriculture, fishing, and tourism. Known for world-class bass fishing, cattle ranching, and its annual Speckled Perch Festival, the city attracts both retirees and outdoor enthusiasts with its blend of recreational activities, agricultural roots, and comparatively affordable housing prices compared to coastal areas in South Florida.
#2. Toccoa, GA
In Toccoa, Georgia, housing values have seen a rise from $83,428 in 2015 to $217,690 in 2024, constituting a 160.93% increase with an absolute gain of $134,262. This northeast Georgia city has experienced impressive appreciation as it becomes a favored spot for retirees and those drawn to mountain living with urban conveniences.
About Toccoa
Toccoa is admired for its picturesque surroundings, highlighted by Toccoa Falls, which is among the tallest free-falling waterfalls east of the Mississippi. Its economy is diversified across manufacturing, healthcare, and educational sectors, with critical establishments like Stephens County Hospital and several industries. Proximity to Chattahoochee National Forest and its historic downtown, combined with relatively affordable housing, have made it an attractive area for retirees and families looking for an improved quality of life.
#1. Clewiston, FL
Clewiston, Florida has experienced the most remarkable home price increase within the dataset, soaring from $96,852 in 2015 to $274,075 in 2024, amounting to an extraordinary 182.98% rise and a total gain of $177,223. This inland city reflects a dynamic transformation in Florida’s housing market.
About Clewiston
Known as “America’s Sweetest Town,” Clewiston’s economy is largely dictated by the sugar industry, housing the U.S. Sugar Corporation’s headquarters and vast sugarcane plantations. Its location on the southern shore of Lake Okeechobee provides fantastic fishing and recreation options, while being strategically located between Florida’s east and west coasts enhances accessibility to major urban areas. A stable agricultural industry, outdoor activities, and comparatively affordable housing compared to coastal markets have driven significant price appreciation in this area.
