5 Cities With Great Housing Values - Jacksonville

During a time of uncertainty in the real estate market and horror stories of lost fortunes and homes, a number of cities buck the trend with strong markets. These markets aren't only strong because of the number of sales, the home values are actually rising. Zillow tracks 5-year values and has found the greatest gains in these metro areas:

• Yakima, WA - 
  

  July 2011 Zillow Home Value Index (ZHVI): $132,263
  ZHVI 5 years ago: $127,746
  Value difference (by percent): 3.5%
  Value difference (in dollars): $4,517

• Tulsa, OK - 
  

  July 2011 Zillow Home Value Index (ZHVI): $111,398
  ZHVI 5 years ago: $101,802
  Value difference (by percent): 9.4%
  Value difference (in dollars): $9,596

• Oklahoma City, OK - 
  

  July 2011 Zillow Home Value Index (ZHVI): $111,737
  ZHVI 5 years ago: $101,532
  Value difference (by percent): 10.1%
  Value difference (in dollars): $10,205

• Fayetteville, NC - 
  

  July 2011 Zillow Home Value Index: $113,978
  ZHVI 5 years earlier: $102,373
  Value difference (by percent): 11.3%
  Value difference (in dollars): $11,605

• Jacksonville, NC - 
  

  July 2011 Zillow Home Value Index: $148,099
  ZHVI 5 years ago: $126,655
  Value difference (by percent): 16.9%
  Value difference (in dollars): $21,444

Markets in the Southern U.S. dominate the list, accounting for eight of 10 markets. Of the other two markets, one is in upstate New York and the other is in the Pacific Northwest.