Bloomberg Business set out to figure out what home prices would look like in 2012. They joined forces with Fiserv to weigh historical data against current trends and get a bead on which way the markets might jump at one-year increments. They then combined the data and were able to get a pretty good idea of what home prices would be in three years’ time. Here is a look at what your home will be worth in 2012, broken down by metro area.
California
Los Angeles-Long Beach-Glendale
2012: $253,328
Down from 2008 pricing of $350,000
Texas
Houston-Sugar Land-Baytown
2012: $160,471
Up from 2008 pricing of $160,000
New York
White Plains-New York-Wayne
2012: $343,937
Down from 2008 pricing of $440,000
Florida
Tampa-St. Petersburg-Clearwater
2012: $119,348
Down from 2008 pricing of $166,000
Pennsylvania
Philadelphia
2012: $171,347
Down from 2008 pricing of $195,000
Georgia
Atlanta-Sandy Springs-Marietta
2012: $182,199
Up from 2008 pricing of $182,000
Illinois
Chicago-Naperville-Joliet
2012: $248,136
Up from 2008 pricing of $247,000
North Carolina
Charlotte-Gastonia-Concord
2012: $191,788
Up from 2008 pricing of $185,000
Michigan
Warren-Troy-Farmington Hills
2012: $157,469
Up from 2008 pricing of $149,000
Ohio
Cleveland-Elyria-Mentor
2012: $139,573
Up from 2008 pricing at $129,000
