10 Cities Where Home Prices Have Skyrocketed the Most Over the Past 10 Years

Although the real estate market is finally cooling down, home prices around the country are still significantly higher than they were a decade ago. But some cities have seen higher rates of home price increases than others.

See: 7 Affordable Places To Retire If You Love the Great Outdoors
Find Out: 3 Things You Must Do When Your Savings Reach $50,000

Point2 analyzed the median home prices in 187 U.S. metro areas in 2011 and 2021, and identified the cities where prices have skyrocketed the most. Here are the 10 cities with the largest price increases over the past decade.

10. Port St. Lucie, Florida

• Median home price in 2011: $108,200

• Median home price in 2021: $332,000

• Percent increase: 206.8%

Take Our Poll: Would You Move for a Job That Paid You a $10,000 Signing Bonus?

9. Las Vegas, Nevada

• Median home price in 2011: $124,700

• Median home price in 2021: $397,000

• Percent increase: 218.3%

8. Atlanta, Georgia

• Median home price in 2011: $98,600

• Median home price in 2021: $317,200

• Percent increase: 221.7%

7. Punta Gorda, Florida

• Median home price in 2011: $97,500

• Median home price in 2021: $315,000

• Percent increase: 223.1%

Housing Market 2023: Is a Double-Digit Drop in Prices Coming?

6. Reno, Nevada

• Median home price in 2011: $158,000

• Median home price in 2021: $531,800

• Percent increase: 236.6%

5. Cape Coral, Florida

• Median home price in 2011: $102,900

• Median home price in 2021: $360,000

• Percent increase: 249.9%

4. Phoenix, Arizona

• Median home price in 2011: $115,500

• Median home price in 2021: $415,400

• Percent increase: 259.7%

Read: 10 US Real Estate Markets To Avoid for Now

3. Naples, Florida

• Median home price in 2011: $175,000

• Median home price in 2021: $645,000

• Percent increase: 268.6%

2. Boise, Idaho

• Median home price in 2011: $115,400

• Median home price in 2021: $468,600

• Percent increase: 306.1%

1. Detroit, Michigan

• Median home price in 2011: $53,800

• Median home price in 2021: $245,700

• Percent increase: 356.7%

More From GOBankingRates

• The 15 Biggest Bank Failures in US History

• Financial Insight in Your Inbox: Sign Up for GBR's Daily Newsletter

• Maximize your savings with these 3 expert tips

• Take Our Poll: How Do You File Your Taxes?

All data is sourced from Point2.

This article originally appeared on GOBankingRates.com: 10 Cities Where Home Prices Have Skyrocketed the Most Over the Past 10 Years