How Much Is Your Home Really Worth? Here’s How to Find Out

Over the past few years, home prices have soared to record highs. If you own a home, this could mean your property is worth far more than you realize—which might be a game-changer if you’re thinking about selling.

But how much has your home’s value actually changed? And what does that mean for your next move? Let’s break it down.

Home Prices Have Skyrocketed—Here’s Why

Historically, home prices tend to rise by 2-5% per year. However, from 2021 to 2022, we witnessed an unprecedented surge, with some areas experiencing more than a 20% increase in a single year.

What drove this spike?

✔️ High demand, low supply: Too many buyers and not enough homes created fierce competition.
✔️ Historically low interest rates: More people jumped into the market, pushing prices even higher.
✔️ Lifestyle shifts: Remote work and changing priorities fueled relocations and real estate investments.

While the market has since stabilized, the price gains haven’t disappeared. If you’ve owned your home for at least five years, your property’s value has likely increased significantly—and that means more equity for you.

Your Home May Be Worth More Than You Think

According to the Federal Housing Finance Agency (FHFA), home prices have risen nearly 60% nationally over the past five years.

That means if your home was worth $300,000 in 2019, it could be worth $480,000 or more today—without any major renovations!

And if you’ve been in your home for more than a decade, your appreciation is even higher. This could provide the financial boost you need to move up to your dream home, downsize, or simply cash in on your equity.

How To Find Out What Your Home Is Worth Right Now

Wondering what your house is worth in today’s market? Here’s how to get an accurate estimate:

✅ Look at Local Trends – Home values vary by neighborhood, city, and even street. A real estate expert can provide insights on recent sales and current market conditions.

✅ Consider Your Home’s Upgrades – Have you remodeled the kitchen? Added smart home features? Renovations and improvements can increase your home’s value significantly.

✅ Skip Online Estimates – Zillow and other home valuation tools provide a broad estimate, but they don’t account for market nuances. For a precise valuation, connect with a professional.

## **Bottom Line**  

Home values have soared in recent years, possibly **more than you expected**. If you’re curious about what your house is worth in today’s market, reach out to a real estate expert to get an accurate assessment and explore your options.  

If you’re curious about your home’s true value, let’s talk. I’ll help you determine what your property is worth in today’s market and discuss whether selling now makes sense for you.

👉 Schedule a free Zoom consultation at SellWithKhalid.com

Your home’s value might surprise you—and your next opportunity could be closer than you think!