Legal Disclaimer Advertiser Disclosure

42 States with the Highest Home Seller Profits

Published
August 29, 2017

If you’ve been thinking about selling your home, we’ve got some good news for you. According to RealtyTrac.com, home sellers saw an average price gain of $51,000 in Q2 of 2017. That’s a 26% average return on the previous purchase price. Most homeowners who sold during Q2 this year had owned their home an average of eight years, and while it’s a great time to sell your home right now, that also means homebuyers are looking at steep competition in today’s seller’s market. Find out the average home seller profits for your state in Q2 this year.

1. California, San Jose-Sunnyvale-Santa Clara

Average Price Gain Since Purchase: $410,000

Average Return Since Purchase: 74.5%

2. Hawaii, Urban Honolulu

Average Price Gain Since Purchase: $171,300

Average Return Since Purchase: 48.4%

3. Colorado, Boulder

Average Price Gain Since Purchase: $165,320

Average Return Since Purchase: 49.4%

4. Washington, Seattle-Tacoma-Bellevue

Average Price Gain Since Purchase: $165,000

Average Return Since Purchase: 63.5%

5. Massachusetts, Boston-Cambridge-Newton

Average Price Gain Since Purchase: $150,000

Average Return Since Purchase: 57.3%

6. Oregon, Portland-Vancouver-Hillsboro

Average Price Gain Since Purchase: $129,800

Average Return Since Purchase: 58.7%

7. Nevada, Reno

Average Price Gain Since Purchase: $100,000

Average Return Since Purchase: 46.5%

8. Arizona, Prescott

Average Price Gain Since Purchase: $86,000

Average Return Since Purchase: 46.7%

9. New Jersey, Newark-Jersey City

Average Price Gain Since Purchase: $82,000

Average Return Since Purchase: 29.5%

10. New York, New York City

Average Price Gain Since Purchase: $82,000

Average Return Since Purchase: 29.5%

11. Florida, Miami-Fort Lauderdale-West Palm Beach

Average Price Gain Since Purchase: $77,900

Average Return Since Purchase: 45.3%

12. Utah, Provo-Orem

Average Price Gain Since Purchase: $76,879

Average Return Since Purchase: 44.1%

13. Texas, Dallas-Fort Worth-Arlington

Average Price Gain Since Purchase: $75,511

Average Return Since Purchase: 51.2%

14.Tennessee, Nashville-Davidson-Murfreesboro-Franklin

Average Price Gain Since Purchase: $66,750

Average Return Since Purchase: 43.8%

15. South Carolina, Charleston-North Charleston

Average Price Gain Since Purchase: $58,000

Average Return Since Purchase: 29.4%

16. New Hampshire, Manchester-Nashua

Average Price Gain Since Purchase: $56,000

Average Return Since Purchase: 28.1%

17. North Carolina, Asheville

Average Price Gain Since Purchase: $53,000

Average Return Since Purchase: 28.6%

18. Rhode Island, Providence-Warwick

Average Price Gain Since Purchase: $53,000

Average Return Since Purchase: 26.9%

19. Wisconsin, Madison

Average Price Gain Since Purchase: $50,750

Average Return Since Purchase: 26.0%

20. Idaho, Boise

Average Price Gain Since Purchase: $50,354

Average Return Since Purchase: 31.9%

21. Minnesota, Minneapolis-St. Paul-Bloomington

Average Price Gain Since Purchase: $47,000

Average Return Since Purchase: 24.4%

22. Georgia, Atlanta-Sandy Springs-Roswell

Average Price Gain Since Purchase: $39,100

Average Return Since Purchase: 24.5%

23. Michigan, Detroit-Warren-Dearborn

Average Price Gain Since Purchase: $39,000

Average Return Since Purchase: 37.1%

24. Alaska, Anchorage

Average Price Gain Since Purchase: $36,319

Average Return Since Purchase: 15.4%

25. New Mexico, Albuquerque

Average Price Gain Since Purchase: $34,458

Average Return Since Purchase: 22.9%

26. Virginia, Richmond

Average Price Gain Since Purchase: $34,050

Average Return Since Purchase: 17.5%

27. Connecticut, Bridgeport-Stamford-Norwalk

Average Price Gain Since Purchase: $34,000

Average Return Since Purchase: 9.1%

28. Missouri, St. Louis

Average Price Gain Since Purchase: $33,351

Average Return Since Purchase: 26.3%

29. Ohio, Columbus

Average Price Gain Since Purchase: $32,750

Average Return Since Purchase: 22.6%

30. Pennsylvania, Pittsburgh

Average Price Gain Since Purchase: $32,500

Average Return Since Purchase: 28.3%

31. Nebraska, Lincoln

Average Price Gain Since Purchase: $29,000

Average Return Since Purchase: 22.7%

32. Louisiana, New Orleans-Metairie

Average Price Gain Since Purchase: $27,000

Average Return Since Purchase: 18.2%

33. Indiana, Indianapolis-Carmel-Anderson

Average Price Gain Since Purchase: $26,037

Average Return Since Purchase: 22.0%

34. Maryland, Baltimore-Columbia-Towson

Average Price Gain Since Purchase $25,100

Average Return Since Purchase 12.6%

35. Mississippi, Memphis

Average Price Gain Since Purchase: $20,500

Average Return Since Purchase: 16.1%

36. Arkansas, Fayetteville-Springdale-Rogers

Average Price Gain Since Purchase: $20,240

Average Return Since Purchase: 14.0%

37. Kentucky, Clarksville

Average Price Gain Since Purchase: $20,150

Average Return Since Purchase: 16.9%

38. Alabama, Huntsville

Average Price Gain Since Purchase: $18,140

Average Return Since Purchase: 13.5%

39. Illinois, Chicago-Naperville-Elgin

Average Price Gain Since Purchase: $18,059

Average Return Since Purchase: 8.7%

40. Iowa, Cedar Rapids

Average Price Gain Since Purchase: $17,500

Average Return Since Purchase: 14.3%

41. Oklahoma, Oklahoma City

Average Price Gain Since Purchase: $17,000

Average Return Since Purchase: 13.2%

42. Kansas, Kansas City

Average Price Gain Since Purchase: $10,119

Average Return Since Purchase: 6.4

Image: Feverpitched

Share
Published by

You Might Also Like

Learn more about credit union mortgage options. Use this credit u... Read More

December 13, 2023

Mortgages

Are you ready to buy a home? It’s an exciting—and stressfulâ€... Read More

June 7, 2021

Mortgages

Brenda Woods didn’t want to move and leave the garden she h... Read More

December 15, 2020

Mortgages