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Inventory Down 40% from Pre-Covid Level as Price Growth Intensifies (December 2021 Market Report)
There were fewer options for would-be home buyers on the market at the end of 2021 than any time in recent memory.
The Numbers
December 2021
U.S. Typical Home Value (Zillow Home Value Index)
$320,662
December 2021
Change in Typical Home Value From Last Year
+19.6%
December 2021
U.S. Typical Monthly Rent (Zillow Observed Rent Index)
$1,855
December 2021
Change in Typical Rent From Last Year
+15.7%
The Numbers
December 2021
U.S. Typical Home Value (Zillow Home Value Index)
$320,662
December 2021
Change in Typical Home Value From Last Year
+19.6%
December 2021
U.S. Typical Monthly Rent (Zillow Observed Rent Index)
$1,855
December 2021
Change in Typical Rent From Last Year
+15.7%
