Courtesy of Architecture Lab.

Home values have increased in every American state since 2013, according to a study from Architecture Lab. However, Florida is one of the states where values have increased the most dramatically. 

Using data from the Zillow Home Value Index, Architecture Lab ranked every U.S. state based on the difference between average home values in 2013 and 2023. Florida ranked No. 2: A decade ago, the average home was valued at $144,464. Last year, however, that value had jumped 164% to $381,922. 

The state where home values have increased the most was Idaho, which saw a 171% increase in home values from 2013 to 2023. However, home values doubled or more than doubled in nearly half of all states in the country. 

“Overall, nearly half of all US states have seen their home values double across the past few years,” Architecture Lab CEO Anton Giuroiu said in a press release. “While some states have seen a lot smaller increases, many of them had higher end values to begin with, showing that lower value states are just catching up. With how high some values are reaching on average in each state, even simple modifications to your home can make these numbers fluctuate a lot.”