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A strong housing market in 2020 placed the Kansas City metro’s housing value at $189 billion, according to a report from Zillow.
The U.S. housing market gained more value in 2020 than any year since 2005, according to the report. In 2020 alone, housing gained $2.5 trillion in value with a total value of $36.3 trillion.
Statistics were provided for 50 city metros across the U.S., reporting the total housing market value in billions, total housing market value growth in 2020, and total housing market value growth from 2011-2020 in billions.
With a total housing market value of $189 billion, Kansas City’s overall market growth in 2020 was $18 billion and its total housing market value growth from 2011-2020 was $79 billion.
California had an overall lead in the U.S. with a housing value of $7.8 trillion. Four of its cities were among the top four metro areas with the highest total housing value.
The full report from Zillow can be viewed here.