ATTOM released its third-quarter report analyzing qualified low-income Opportunity Zones targeted by Congress for economic redevelopment. In this report, ATTOM looked at 3,724 zones around the country with sufficient data to analyze, meaning they had at least five home sales in the third quarter.
The analysis found that median single-family home and condo prices rose quarter-over-quarter in half (49.7 percent) of the Opportunity Zones with sufficient data in both quarters. In the third quarter of 2024, median home prices rose in 54.6 percent of Opportunity Zones.
The third quarter of 2025 saw 11.3 percent of opportunity zones (422) hit their highest median home price since the Great Recession in 2008, according to ATTOM’s report. Typical home prices rose by at least 10 percent year-over-year in 36.2 percent of Opportunity Zones with sufficient data to analyze.
“Opportunity Zones were just as likely to see home prices grow as neighborhoods outside these zones, showing these areas are also benefitting from this sustained rise in home prices,” ATTOM CEO Rob Barber said in a release. “But many of these zones still have a long way to go, since their median sales prices are well below areas that haven’t been targeted for development.”
Median home prices also rose in 54.6 percent of census tracts outside of Opportunity Zones, meaning that tracts inside the zones were equally as likely to see price growth as those outside the zones.
However, median prices inside Opportunity Zones continue to be much lower than those outside, according to ATTOM’s report. The typical home sales price was above the national median of $370,000 in 20 percent of Opportunity Zone tracts.
Half of the Opportunity Zone census tracts (49.9 percent) had median sales prices below $225,000 in the third quarter.
Due to the small number of sales in many Opportunity Zones, median price measurements can be very volatile, according to ATTOM’s report. The typical sales prices rose or fell by more than 5 percent year-over-year in 80 percent of Opportunity Zone tracts.
Other findings in the report included:
- Median prices for single-family homes and condos rose from the second to the third quarter of 2025 in 49.7 percent (1,644) of the 3,311 Opportunity Zones with sufficient data in both quarters. Year-over-year, median prices rose in 54.6 percent (1,827) of the 3,346 Opportunity Zones with sufficient data.
- Home prices rose year-over-year in the same share of tracts outside of Opportunity Zones: 54.6 percent (30,213) of 55,379 tracts with sufficient data.
- A higher share of tracts inside Opportunity Zones (36.2 percent) saw median prices grow by more than 10 percent year-over-year compared to tracts outside (31.6 percent).
- Opportunity Zones with the lowest median home values were also least likely to see price growth, with 39.7 percent of zones where the median sales price was less than $125,000 experiencing year-over-year growth.
- Among states with at least 25 Opportunity Zones with sufficient data to analyze, Arkansas had the highest share of Opportunity Zones where median home prices grew year-over-year (median prices rose in 76 percent of the state’s Opportunity Zones). It was followed by New York (prices rose in 71.4 percent of zones), Minnesota (prices rose in 67.2 percent of zones); Alabama (prices rose in 65.2 percent of zones); and Iowa (prices rose in 64.7 percent of zones).
- Typical home prices inside Opportunity Zones tended to be lower than outside. Twenty percent of Opportunity Zone tracts had median sales prices above the national median of $370,000.
- Most Midwestern Opportunity Zones (54 percent) had median home values below $175,000, compared to 38 percent in the Northeast, 37 percent in the South, and 5 percent in the West.