Redfin Reports Hispanic Home Values Top $2 Trillion, But Growth Lags Behind Other Groups as Sun Belt Housing Markets Soften
Redfin (NASDAQ: RDFN) reports that home values in majority-Hispanic neighborhoods grew 4.2% year over year to $2 trillion in 2024, lagging behind other racial groups. The slower growth is attributed to their concentration in Sun Belt regions, particularly Texas and Florida, where increased housing supply has led to price stagnation.
In comparison, majority-white neighborhoods saw the fastest growth at 5.4% (to $40.4 trillion), followed by majority-Black neighborhoods at 5.3% ($1.5 trillion), and majority-Asian areas at 5.2% ($1.4 trillion). Mixed neighborhoods grew 4.7% to $2.4 trillion.
The average home value in Hispanic neighborhoods rose 3.4% to $395,000, while Asian neighborhoods led with 4.8% growth to $1.13 million. Notably, real estate comprises 61.6% of Hispanic households' net worth, compared to 27.4% for white households, making market fluctuations particularly impactful for Hispanic families.
Redfin (NASDAQ: RDFN) riporta che i valori delle case nei quartieri a maggioranza ispanica sono aumentati del 4,2% rispetto all'anno precedente, raggiungendo 2 trilioni di dollari nel 2024, rimanendo indietro rispetto ad altri gruppi razziali. La crescita più lenta è attribuita alla loro concentrazione nelle regioni del Sun Belt, in particolare in Texas e Florida, dove l'aumento dell'offerta abitativa ha portato a una stagnazione dei prezzi.
In confronto, i quartieri a maggioranza bianca hanno registrato la crescita più rapida con un aumento del 5,4% (fino a 40,4 trilioni di dollari), seguiti dai quartieri a maggioranza nera con un aumento del 5,3% (1,5 trilioni di dollari) e dalle aree a maggioranza asiatica con un aumento del 5,2% (1,4 trilioni di dollari). I quartieri misti sono cresciuti del 4,7% fino a 2,4 trilioni di dollari.
Il valore medio delle case nei quartieri ispanici è aumentato del 3,4% fino a 395.000 dollari, mentre i quartieri asiatici hanno guidato con una crescita del 4,8% fino a 1,13 milioni di dollari. È notevole che il settore immobiliare rappresenti il 61,6% del patrimonio netto delle famiglie ispaniche, rispetto al 27,4% delle famiglie bianche, rendendo le fluttuazioni del mercato particolarmente impattanti per le famiglie ispaniche.
Redfin (NASDAQ: RDFN) informa que los valores de las viviendas en vecindarios de mayoría hispana crecieron un 4.2% interanual, alcanzando $2 billones en 2024, quedando rezagados frente a otros grupos raciales. El crecimiento más lento se atribuye a su concentración en las regiones del Sun Belt, particularmente en Texas y Florida, donde el aumento de la oferta de viviendas ha llevado a una estancación de precios.
En comparación, los vecindarios de mayoría blanca vieron el crecimiento más rápido con un 5.4% (hasta $40.4 billones), seguidos por los vecindarios de mayoría negra con un 5.3% ($1.5 billones) y las áreas de mayoría asiática con un 5.2% ($1.4 billones). Los vecindarios mixtos crecieron un 4.7% hasta $2.4 billones.
El valor promedio de las viviendas en los vecindarios hispanos aumentó un 3.4% hasta $395,000, mientras que los vecindarios asiáticos lideraron con un crecimiento del 4.8% hasta $1.13 millones. Es notable que el sector inmobiliario representa el 61.6% del patrimonio neto de las familias hispanas, en comparación con el 27.4% de las familias blancas, lo que hace que las fluctuaciones del mercado sean particularmente impactantes para las familias hispanas.
Redfin (NASDAQ: RDFN)는 히스패닉 다수 지역의 주택 가치가 2024년까지 전년 대비 4.2% 증가하여 2조 달러에 달했다고 보고합니다. 이는 다른 인종 그룹에 비해 뒤처진 수치입니다. 느린 성장은 주로 텍사스와 플로리다와 같은 썬벨트 지역에 집중되어 있어 주택 공급 증가로 인해 가격이 정체된 것으로 분석됩니다.
비교적으로, 백인 다수 지역은 5.4%의 가장 빠른 성장률(40.4조 달러로 증가)을 보였고, 이어서 흑인 다수 지역이 5.3% (1.5조 달러), 아시아인 다수 지역이 5.2% (1.4조 달러)로 뒤를 이었습니다. 혼합 지역은 4.7% 성장하여 2.4조 달러에 도달했습니다.
히스패닉 지역의 평균 주택 가치는 3.4% 증가하여 395,000달러에 이르렀고, 아시아 지역은 4.8% 성장하여 113만 달러로 선두를 차지했습니다. 특히, 부동산은 히스패닉 가정의 순자산의 61.6%를 차지하며, 이는 백인 가정의 27.4%에 비해 높아 시장 변동성이 히스패닉 가족에게 특히 큰 영향을 미친다는 점이 주목할 만합니다.
Redfin (NASDAQ: RDFN) rapporte que les valeurs immobilières dans les quartiers à majorité hispanique ont augmenté de 4,2 % d'une année sur l'autre, atteignant 2 billions de dollars en 2024, ce qui est en retard par rapport à d'autres groupes raciaux. Cette croissance plus lente est attribuée à leur concentration dans les régions du Sun Belt, en particulier au Texas et en Floride, où l'augmentation de l'offre de logements a conduit à une stagnation des prix.
En comparaison, les quartiers à majorité blanche ont connu la croissance la plus rapide avec 5,4 % (pour atteindre 40,4 billions de dollars), suivis des quartiers à majorité noire avec 5,3 % (1,5 billion de dollars) et des zones à majorité asiatique avec 5,2 % (1,4 billion de dollars). Les quartiers mixtes ont augmenté de 4,7 % pour atteindre 2,4 billions de dollars.
La valeur moyenne des maisons dans les quartiers hispaniques a augmenté de 3,4 % pour atteindre 395 000 dollars, tandis que les quartiers asiatiques ont mené avec une croissance de 4,8 % pour atteindre 1,13 million de dollars. Il est à noter que l'immobilier représente 61,6 % de la valeur nette des ménages hispaniques, contre 27,4 % pour les ménages blancs, ce qui rend les fluctuations du marché particulièrement impactantes pour les familles hispaniques.
Redfin (NASDAQ: RDFN) berichtet, dass die Immobilienwerte in mehrheitlich hispanischen Vierteln im Jahr 2024 um 4,2% im Vergleich zum Vorjahr auf 2 Billionen Dollar gestiegen sind, was hinter anderen ethnischen Gruppen zurückbleibt. Das langsamere Wachstum wird auf ihre Konzentration in den Sun-Belt-Regionen, insbesondere Texas und Florida, zurückgeführt, wo ein Anstieg des Wohnungsangebots zu einer Preisstagnation geführt hat.
Im Vergleich dazu verzeichneten mehrheitlich weiße Viertel das schnellste Wachstum mit 5,4% (auf 40,4 Billionen Dollar), gefolgt von mehrheitlich schwarzen Vierteln mit 5,3% (1,5 Billionen Dollar) und mehrheitlich asiatischen Gebieten mit 5,2% (1,4 Billionen Dollar). Gemischte Viertel wuchsen um 4,7% auf 2,4 Billionen Dollar.
Der durchschnittliche Immobilienwert in hispanischen Vierteln stieg um 3,4% auf 395.000 Dollar, während asiatische Viertel mit einem Wachstum von 4,8% auf 1,13 Millionen Dollar führten. Bemerkenswert ist, dass Immobilien 61,6% des Nettowerts hispanischer Haushalte ausmachen, verglichen mit 27,4% bei weißen Haushalten, was Marktveränderungen für hispanische Familien besonders bedeutend macht.
- Total Hispanic home values reached significant $2 trillion milestone
- Hispanic home values still showing positive growth at 4.2% YoY
- Average Hispanic home value increased 3.4% to $395,000
- Hispanic home value growth (4.2%) lagging behind other racial groups (5.2-5.4%)
- High concentration in cooling Sun Belt markets affecting Hispanic home value appreciation
- Higher exposure to real estate market fluctuations (61.6% of net worth) increases vulnerability to market downturns
Home values are growing slower in Hispanic neighborhoods because many are located in the Sun Belt, where prices have stalled due to an increase in supply
The total value of homes in majority-white neighborhoods grew fastest in 2024, rising
Home values are growing slower in Hispanic neighborhoods because many are located in the Sun Belt, especially
In comparison, home prices are growing fastest in the Northeast and Midwest—areas where majority-white neighborhoods are more prevalent.
Still, the total value of homes in Hispanic neighborhoods is growing, and at a pace not far behind that of other neighborhood types. But slower growth in home values—or even declining home values, in certain areas—can have an outsized impact for Hispanic families.
Redfin Economic Research Lead Chen Zhao said that's because a larger share of Hispanic households' net worth tends to be tied to real estate.
Real estate makes up
“Hispanic homeowners have experienced higher highs and lower lows during the real estate market’s wild ups and downs over the past 20 years,” Zhao said. “Hispanic home values fell furthest following the global financial crisis in 2008 and they rose the most at the peak of the pandemic homebuying spree in 2021. With a higher share of their net worth tied to real estate, market fluctuations matter more to Hispanic families and can impact how much they can afford to spend or borrow. It also means that when Hispanic home values grow slower, or fall, the wealth gap between white and Hispanic families increases.”
The average value of individual homes in Hispanic neighborhoods also grew slowest in 2024
The average value of individual homes in Hispanic neighborhoods rose
Like aggregate home values, the slower growth for average home values is attributable to softening Sun Belt markets where a large number of majority-Hispanic neighborhoods are located.
At the other end of the spectrum, the average home value in majority-Asian neighborhoods nationwide grew
The average value of homes in majority-Black neighborhoods—which, along with white neighborhoods, are generally more geographically dispersed—grew
The average value of homes in majority-white neighborhoods grew
This is based on an analysis of Redfin home-value data (from December 31, 2024) in census tracts where more than
To view the full report, including charts and additional methodology, please visit:
https://www.redfin.com/news/home-values-race-2025
About Redfin
Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, rentals, lending, and title insurance services. We run the country's #1 real estate brokerage site. Our customers can save thousands in fees while working with a top agent. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we've saved customers more than
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For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin's press release distribution list, email press@redfin.com. To view Redfin's press center, click here.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250409483071/en/
Contact Redfin
Redfin Journalist Services:
Kenneth Applewhaite
press@redfin.com
Source: Redfin
FAQ
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