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Benzinga
Benzinga
Business
Phil Hall

Home Values Increase Faster In Family-Friendly Neighborhoods: Report

Nasdaq Zillow MBA

Home values are accelerating at a greater speed in communities with the highest percentage of children younger than 18, according to a new data report from Zillow Group Inc (NASDAQ:Z) (NASDAQ:ZG).

What Happened: In an analysis of 421 counties representing 71% of the U.S. population, Zillow determined that the top 10% of ZIP codes with the largest share of kids in each county recorded an average of 21.3% growth between October 2020 and October 2021. In comparison, the rate of growth in ZIP codes with the smallest share of kids was only 17.6% during the same period.

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