Atlantic City Tops 15 U.S. Cities in Expected Home Price Jump, Zillow Says

The Atlantic City area will lead 300 U.S. markets in price growth, with values set to rise 4.7% through next summer. This matches the gains predicted for Torrington, Connecticut, according to Zillow's latest analysis.

Spanning 807 square miles in Atlantic County, the metro zone links the casino hub with Hammonton. The area stands out as a vital gauge of South Jersey's financial health.

Not far behind, South Jersey's Vineland district ranks 12th nationally. Property values there should climb 4% across its 483-mile territory, which spans from Millville to Bridgeton throughout Cumberland County.

The study's top spots paint a scattered map across the states. After the 4.7% tie between Atlantic City and Torrington, Michigan's Saginaw follows at 4.6%. Pennsylvania's Pottsville claims fourth with 4.4%, while Illinois' Rockford rounds out the top five at 4.3%.

The Northeast shows strength, with Connecticut placing four cities in the rankings. Besides Torrington's lead spot, Hartford sits at 4.1%, New Haven at 4%, and Norwich trails at 3.9%.

Against flat national trends, with Zillow's Home Value Index showing a tiny 0.01% yearly drop, these rising markets stand apart. Their growth points to pockets of strength in an otherwise quiet market.

Kingston, New York, and Concord, New Hampshire, share a 4.3% forecast. Knoxville, Tennessee, follows at 4.2%, while South Carolina's Hilton Head Island projects 4% growth. At the tail end, Fayetteville, Arkansas, and Youngstown, Ohio, expect rises of 3.9% and 3.7%.