Analysis of Zillow Home Value Index (ZHVI) data from 2015 to 2024 shows home price appreciation ranging from 121% to 183% across 25 cities in Florida, Tennessee, Georgia, and North Carolina. Clewiston, Florida leads with a 183% increase, followed by Toccoa, Georgia and Okeechobee, Florida, both exceeding 158% growth. Florida markets represent more than half of the cities studied, with inland locations showing particularly strong appreciation compared to coastal areas.
While regional hubs Tampa and Knoxville are included in the data, smaller markets have posted the highest percentage gains. Cities like Thomaston, Georgia and Palatka, Florida have shifted from affordable alternatives to growth markets, with median home values in most studied cities now exceeding $250,000. The price increases align with broader southeastern trends including interstate migration, remote work adoption, and continued demand for the region’s climate and lifestyle benefits. All data gathered December 11, 2024.
#25. Crossville, TN
In Crossville, Tennessee, home values have risen dramatically from $135,219 in 2015 to $299,376 in 2024, representing a 121.4% increase or $164,157 in absolute terms. Known as the “Golf Capital of Tennessee,” Crossville sits atop the Cumberland Plateau and features seven award-winning golf courses, attracting both retirees and golf enthusiasts to the area. The city’s strategic location between Nashville and Knoxville, combined with its four mild seasons and lower cost of living compared to larger metropolitan areas, has driven housing demand, particularly among retirees seeking an active lifestyle.
About Crossville
The local economy is diverse, with strong manufacturing, healthcare, and tourism sectors, including notable employers like CoLinx, Aviagen, and Cumberland Medical Center, while the nearby Cumberland Mountain State Park and multiple lakes provide outdoor recreation opportunities that have made the area increasingly attractive to both retirees and younger families seeking a high quality of life.
#24. Tullahoma, TN
In Tullahoma, Tennessee, housing values have seen a significant increase from $133,710 in 2015 to $296,088 in 2024, representing a 121.44% jump with an absolute increase of $162,378. This middle Tennessee city demonstrates strong market growth aligned with broader regional trends.
About Tullahoma
Tullahoma is notable as a hub of aerospace and aviation technology, home to Arnold Air Force Base and the University of Tennessee Space Institute. The city’s strong economic foundations in aerospace, advanced manufacturing, and education, combined with its strategic location between Nashville and Chattanooga, have contributed to its growing appeal. The presence of Jack Daniel’s Distillery in nearby Lynchburg and the Arnold Engineering Development Complex has helped maintain a stable employment base, while the city’s investment in education and quality of life amenities has attracted both families and professionals.
#23. Lakeland, FL
In Lakeland, Florida, home values have risen from $139,654 in 2015 to $310,935 in 2024, showing a 122.65% increase with an absolute gain of $171,280. This central Florida city has experienced consistent growth as part of the rapidly expanding central Florida corridor.
About Lakeland
Lakeland serves as a major logistics and distribution hub, home to Publix Supermarkets’ headquarters and significant Amazon facilities. The city’s strategic location between Tampa and Orlando, combined with its historic downtown, Florida Southern College (home to the largest collection of Frank Lloyd Wright architecture in one place), and beautiful lake system, has attracted both businesses and residents. The strong job market in logistics, healthcare, and education, along with the city’s more affordable housing compared to nearby Tampa and Orlando, has driven sustained population growth and housing demand.
#22. Knoxville, TN
In Knoxville, Tennessee, home values have surged from $153,152 in 2015 to $343,338 in 2024, representing a 124.18% increase with an absolute gain of $190,185. This significant appreciation reflects the city’s growing appeal as a major urban center in East Tennessee.
About Knoxville
As home to the University of Tennessee’s flagship campus and Oak Ridge National Laboratory, Knoxville has a strong foundation in education, research, and technology. The city’s robust economy is diversified across healthcare, technology, and manufacturing sectors, while its location near the Great Smoky Mountains National Park, vibrant downtown, and lower cost of living compared to other southeastern cities has attracted both young professionals and retirees. The Tennessee Valley Authority headquarters and numerous tech startups have helped create a stable job market that continues to drive housing demand.
#21. Tampa, FL
In Tampa, Florida, housing prices have climbed 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 has seen consistent appreciation as it continues to attract new residents from across the country.
About Tampa
Tampa’s dynamic economy is anchored by healthcare, finance, technology, and tourism sectors, with major employers including MacDill Air Force Base, Tampa General Hospital, and numerous Fortune 500 companies. The city’s attractive climate, lack of state income tax, vibrant cultural scene, and extensive waterfront have made it a magnet for both young professionals and retirees. Recent investments in the Water Street Tampa development, expansion of Tampa International Airport, and growing tech sector have further strengthened housing demand.
#20. Ocala, FL
In Ocala, Florida, home values have increased from $123,819 in 2015 to $279,207 in 2024, showing a 125.50% rise with an absolute gain of $155,388. This north-central Florida city has experienced steady growth as it attracts both retirees and working professionals.
About Ocala
Known as the “Horse Capital of the World,” Ocala’s economy is significantly influenced by its equestrian industry, with numerous thoroughbred farms and training centers. The city’s location along the I-75 corridor, combined with its growing healthcare sector led by AdventHealth Ocala and the development of commerce centers, has diversified its economy. The nearby Ocala National Forest, springs, and year-round warm climate continue to attract retirees and outdoor enthusiasts, while lower housing costs compared to coastal Florida cities make it attractive to families.
#19. Brevard, NC
In Brevard, North Carolina, housing prices have risen from $202,664 in 2015 to $457,057 in 2024, representing a 125.52% increase with an absolute gain of $254,392. This mountain town has seen substantial appreciation as it gains recognition as a desirable mountain destination.
About Brevard
Brevard is renowned for its outdoor recreation opportunities, particularly mountain biking and hiking, with Pisgah National Forest and DuPont State Forest at its doorstep. The presence of Brevard College, a thriving arts scene including the Brevard Music Center, and the town’s reputation as “The Land of Waterfalls” has attracted both retirees and outdoor enthusiasts. The growth of outdoor tourism, second home ownership, and remote work opportunities has contributed to the rising housing values in this scenic mountain community.
#18. Cornelia, GA
In Cornelia, Georgia, home values have increased from $134,604 in 2015 to $304,124 in 2024, showing a 125.94% rise with an absolute gain of $169,520. This northeast Georgia town has experienced steady growth as part of the expanding North Georgia mountain region.
About Cornelia
Cornelia’s economy is diverse, with a mix of manufacturing, agriculture, and tourism. The city’s location in the foothills of the Blue Ridge Mountains, proximity to Lake Russell and the Chattahoochee National Forest, and its famous Big Red Apple monument (celebrating its apple industry heritage) make it a unique destination. The combination of small-town charm, outdoor recreation opportunities, and reasonable commuting distance to larger employment centers has contributed to its growing appeal.
#17. Port St. Lucie, FL
In Port St. Lucie, Florida, housing values have surged from $173,207 in 2015 to $395,950 in 2024, marking a 128.60% increase with an absolute gain of $222,742. This coastal city has experienced robust growth as it continues to attract new residents seeking Florida lifestyle at relatively affordable prices.
About Port St. Lucie
Port St. Lucie has evolved from a primarily residential community to a dynamic city with growing business sectors. The presence of Cleveland Clinic Tradition Hospital, Torrey Pines Institute for Molecular Studies, and the New York Mets spring training facility has diversified the economy. The city’s master-planned communities, extensive park system, and location between Miami and Orlando, combined with lower housing costs compared to other South Florida cities, have made it particularly attractive to families and retirees.
#16. Sanford, NC
In Sanford, North Carolina, home values have risen from $122,391 in 2015 to $280,037 in 2024, representing a 128.80% increase with an absolute gain of $157,645. This central North Carolina city has seen steady appreciation as it benefits from the Triangle region’s growth.
About Sanford
Sanford’s economy is anchored by manufacturing, with particular strength in biotechnology, pharmaceuticals, and advanced manufacturing. The presence of Central Carolina Community College, proximity to Research Triangle Park, and recent investments by companies like Pfizer and Caterpillar have strengthened the job market. The city’s historic downtown, Lee County’s growing industrial parks, and its strategic location between Raleigh and Fayetteville have made it increasingly attractive to both companies and residents.
#15. Calhoun, GA
In Calhoun, Georgia, housing prices have increased from $115,164 in 2015 to $265,011 in 2024, showing a 130.12% rise with an absolute gain of $149,846. This northwest Georgia city has experienced significant growth as part of the greater Atlanta metropolitan expansion.
About Calhoun
Calhoun is known as a major textile and flooring industry center, home to several carpet and flooring manufacturers including Mohawk Industries. The city’s location along I-75, strong manufacturing base, and proximity to both Atlanta and Chattanooga have contributed to its economic stability. Recent diversification into automotive parts manufacturing and logistics, combined with its historic downtown and the beautiful Harris Arts Center, has helped attract both industry and new residents.
#14. Homosassa Springs, FL
In Homosassa Springs, Florida, home values have climbed from $119,518 in 2015 to $280,197 in 2024, marking a 134.44% increase with an absolute gain of $160,679. This Nature Coast community has seen substantial appreciation as more people discover its unique natural attractions.
About Homosassa Springs
Famous for its manatees and crystal-clear springs, Homosassa Springs is a nature lover’s paradise with the Homosassa Springs Wildlife State Park as its centerpiece. The area’s economy is primarily driven by eco-tourism, fishing industry, and retirement communities. The combination of natural beauty, outdoor recreation opportunities, and relatively affordable coastal living compared to other Florida destinations has made it particularly attractive to retirees and environmental enthusiasts.
#13. McMinnville, TN
In McMinnville, Tennessee, housing prices have risen from $103,742 in 2015 to $243,573 in 2024, representing a 134.79% increase with an absolute gain of $139,831. This middle Tennessee city has experienced steady growth as it maintains its small-town charm while expanding its economic base.
About McMinnville
Known as the “Nursery Capital of the World,” McMinnville’s economy is rooted in the nursery industry, with hundreds of plant nurseries in the surrounding area. The city’s location near the beautiful Cumberland Plateau, presence of Cumberland Caverns, and proximity to Nashville have helped drive tourism. Recent industrial development, including automotive suppliers and aerospace companies, combined with its scenic beauty and lower cost of living, has attracted both businesses and residents.
#12. Palatka, FL
In Palatka, Florida, home values have increased from $89,769 in 2015 to $212,915 in 2024, showing a 137.18% rise with an absolute gain of $123,146. This historic riverfront city has seen significant appreciation as buyers seek more affordable Florida alternatives.
About Palatka
Situated on the St. Johns River, Palatka combines rich history with natural beauty. The city’s economy is supported by Georgia-Pacific’s paper mill, St. Johns River State College, and growing tourism sector. The combination of riverfront location, historic downtown district, proximity to major northeastern Florida cities, and the annual Florida Azalea Festival has helped drive interest in the area, while its relatively affordable housing prices compared to coastal cities have attracted both retirees and first-time homebuyers.
#11. Sevierville, TN
In Sevierville, Tennessee, home values have surged from $169,626 in 2015 to $407,573 in 2024, marking a 140.28% increase with an absolute gain of $237,947. This significant appreciation reflects the city’s growing popularity as a gateway to the Great Smoky Mountains and its expansion as a tourist destination.
About Sevierville
As Dolly Parton’s hometown and part of the greater Pigeon Forge/Gatlinburg tourism corridor, Sevierville’s economy is primarily driven by tourism and hospitality. The city’s location at the foot of the Great Smoky Mountains National Park, extensive outlet shopping, and numerous attractions like Dollywood have made it a major tourist destination. The combination of strong vacation rental market, growing permanent population, and steady tourism industry has contributed to the substantial rise in property values.
#10. Sebring, FL
In Sebring, Florida, housing prices have risen from $101,209 in 2015 to $243,491 in 2024, showing a 140.58% increase with an absolute gain of $142,282. This central Florida city has experienced significant growth as buyers seek more affordable alternatives to coastal locations.
About Sebring
Known as “The City on the Circle” and home to the famous Sebring International Raceway, Sebring combines small-town charm with international recognition. The city’s economy is supported by tourism, agriculture (particularly citrus), and healthcare sectors. Its location in the Florida Heartland, numerous lakes, year-round warm climate, and the prestigious 12 Hours of Sebring race have attracted both retirees and racing enthusiasts, while its relatively affordable housing has drawn those priced out of Florida’s coastal markets.
#9. Lewisburg, TN
In Lewisburg, Tennessee, home values have increased from $131,552 in 2015 to $318,419 in 2024, representing a 142.05% rise with an absolute gain of $186,867. This middle Tennessee city has seen substantial appreciation as it benefits from the Nashville region’s explosive growth.
About Lewisburg
Lewisburg’s economy is diversified across manufacturing, agriculture, and logistics sectors. The city’s location along I-65 between Nashville and Huntsville, presence of several major manufacturers including Calsonic Kansei North America, and its historic town square have contributed to its growth. The combination of small-town atmosphere, proximity to major employment centers, and lower cost of living compared to Nashville has made it increasingly attractive to commuters and families.
#8. Shelbyville, TN
In Shelbyville, Tennessee, housing prices have climbed from $130,534 in 2015 to $317,069 in 2024, showing a 142.90% increase with an absolute gain of $186,535. This appreciation reflects the city’s growing appeal as a bedroom community for the Nashville metropolitan area.
About Shelbyville
Known as “The Walking Horse Capital of the World,” Shelbyville’s economy combines equine industry with manufacturing and agriculture. The city’s famous Tennessee Walking Horse National Celebration, strong manufacturing base including Tyson Foods, and strategic location within commuting distance of Nashville and Murfreesboro have driven growth. Recent industrial expansions and the charm of its historic downtown, coupled with relatively affordable housing prices, have attracted both industry and new residents.
#7. Wauchula, FL
In Wauchula, Florida, home values have risen from $90,444 in 2015 to $220,678 in 2024, representing a 143.99% increase with an absolute gain of $130,234. This inland Florida city has experienced significant appreciation as buyers seek more affordable alternatives to coastal areas.
About Wauchula
Wauchula, the “Cucumber Capital of the World,” has an economy traditionally based in agriculture, particularly citrus and vegetable farming. The city’s small-town charm, historic downtown district, and proximity to both Tampa and Orlando have contributed to its growth. The combination of affordable housing prices, rural lifestyle, and access to major Florida attractions has made it attractive to both retirees and families seeking a quieter pace of life.
#6. Arcadia, FL
In Arcadia, Florida, home values have increased from $102,531 in 2015 to $252,238 in 2024, showing a 146.01% rise with an absolute gain of $149,706. This inland Florida city has seen substantial appreciation as buyers seek affordable alternatives to coastal markets while maintaining access to Gulf Coast amenities.
About Arcadia
Known for its historic downtown and rodeo heritage, Arcadia serves as the county seat of DeSoto County and maintains a strong agricultural economy focused on citrus, cattle ranching, and farming. The city’s annual All-Florida Championship Rodeo, antique districts, and Peace River recreation opportunities have bolstered tourism, while its strategic location between Sarasota and Fort Myers has attracted both retirees and families seeking a traditional Florida small-town lifestyle with reasonable housing costs.
#5. Cedartown, GA
In Cedartown, Georgia, housing prices have risen from $84,905 in 2015 to $213,480 in 2024, marking a 151.43% increase with an absolute gain of $128,575. This northwest Georgia city has experienced significant growth as it benefits from Atlanta’s expanding metropolitan influence.
About Cedartown
As the county seat of Polk County, Cedartown combines historic charm with industrial strength. The city’s economy is supported by diverse manufacturing, including HON Company furniture production and automotive parts suppliers. Its designation as a Main Street City, the scenic Silver Comet Trail, and historic downtown district have enhanced its appeal, while its location within commuting distance of Atlanta and Rome has attracted both industry and residents seeking small-town life with big-city accessibility.
#4. Thomaston, GA
In Thomaston, Georgia, home values have surged from $67,770 in 2015 to $174,851 in 2024, representing a 158.00% increase with an absolute gain of $107,080. This dramatic appreciation reflects the city’s transformation from a textile town to a diversified small city within greater Atlanta’s sphere of influence.
About Thomaston
Historically known for its textile industry, Thomaston has successfully diversified its economy through manufacturing, healthcare, and education sectors. The presence of Southern Crescent Technical College, Upson Regional Medical Center, and various manufacturing facilities has provided stable employment. The city’s historic downtown, proximity to Atlanta, and significantly lower housing costs compared to metropolitan areas have made it increasingly attractive to both retirees and commuters.
#3. Okeechobee, FL
In Okeechobee, Florida, housing prices have climbed from $107,699 in 2015 to $278,342 in 2024, showing a 158.44% increase with an absolute gain of $170,642. This inland Florida city has seen substantial appreciation as it maintains its unique character while attracting new residents seeking authentic Florida lifestyle.
About Okeechobee
Located on the northern edge of Lake Okeechobee, Florida’s largest freshwater lake, the city’s economy is driven by agriculture, fishing, and tourism. The area is famous for its world-class bass fishing, cattle ranches, and the annual Speckled Perch Festival. The combination of outdoor recreation opportunities, agricultural heritage, and relatively affordable housing compared to South Florida coastal areas has attracted both retirees and outdoor enthusiasts.
#2. Toccoa, GA
In Toccoa, Georgia, home values have risen from $83,428 in 2015 to $217,690 in 2024, marking a 160.93% increase with an absolute gain of $134,262. This northeast Georgia city has experienced significant appreciation as it attracts both retirees and those seeking mountain living with urban accessibility.
About Toccoa
The city is known for its scenic beauty, including Toccoa Falls, one of the tallest free-falling waterfalls east of the Mississippi. Toccoa’s economy is diversified across manufacturing, healthcare, and education sectors, anchored by Stephens County Hospital and several industrial employers. Its location near the Chattahoochee National Forest, historic downtown, and proximity to both Atlanta and Greenville, SC, combined with relatively affordable housing, has attracted both retirees and families seeking quality of life improvements.
#1. Clewiston, FL
In Clewiston, Florida, housing prices have experienced the most dramatic increase in the dataset, rising from $96,852 in 2015 to $274,075 in 2024, representing a remarkable 182.98% increase with an absolute gain of $177,223. This inland Florida city has seen extraordinary appreciation as Florida’s housing market has transformed.
About Clewiston
Known as “America’s Sweetest Town,” Clewiston’s economy is dominated by the sugar industry, with U.S. Sugar Corporation’s headquarters and vast sugarcane operations. The city’s location on Lake Okeechobee’s southern shore provides excellent fishing and recreation opportunities, while its position between Florida’s east and west coasts offers convenient access to major metropolitan areas. The combination of agricultural industry stability, outdoor recreation opportunities, and relatively affordable housing compared to coastal regions has driven significant price appreciation.
