Home Prices in Opportunity Zones Follow Nationwide Trends

Just like the rest of the nation, home prices in Opportunity Zones grew in Q1 2025
May 23, 2025
2 min read

Home prices in Opportunity Zones continue to rise, following broader nationwide trends. ATTOM's Q1 2025 Opportunity Zone report analyzes 3,558 of these low-income zones, which have been identified by Congress for economic redevelopment. The report shows that 48% of zones saw home prices rise from Q4 2024 to Q1 2025, and on an annual basis, prices rose in 59% of these zones, though most still have home values below the national median of $355,000. In fact, 80% of the zones had median prices below the national figure, and nearly half were under $200,000. Still, the annual growth rate was similar across the board. In Q1 2025, Opportunity Zones saw average growth of about 10%, compared to about 8% for median home prices nationally.

“Home-value patterns inside Opportunity Zones remain pretty much in lock-step with the rest of the country, just as we’ve seen ever since we started looking at this niche of the market. From one to another, those very local markets remain volatile, with troubling signs in the very lowest-priced areas. But the big picture shows remarkable, and mostly positive, consistency,” said Rob Barber, CEO for ATTOM. “This likely reflects the ongoing short supply of homes for sale across the country and rising prices, which pushes marginal buyers to roll the dice on locations with varying levels of economic distress.”

 

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