CA Cities With The Most Rapidly Growing Home Prices: Report

CALIFORNIA — California homeowners have been nervous about the value of their homes since interest rates began climbing last year, pricing some would-be buyers out of the market. But dozens of cities saw staggering price increases, with one city's home values soaring more than a half-million dollars in one year.

A new report compiled by media organization Stacker uses Zillow data to find out how the state's real estate demographics have fluctuated over the past year.

Specifically, the report zeroes in on the cities in California with the fastest growing typical home value.

The Central Coast was heavily represented in the top 10, with cities in the San Francisco Bay Area, the Sacramento area and Southern California also represented.

Here's a glance at the top 10:

1. Montecito - Typical home value: $5,303,594, 1-year price change: +$588,448 (+12.5%)
2. Los Olivos - Typical home value: $1,857,802, 1-year price change: +$393,514 (+26.9%)
3. Stinson Beach - Typical home value: $4,757,559, 1-year price change: +$330,291 (+7.5%)
4. Belvedere - Typical home value: $5,002,499, 1-year price change: +$308,765 (+6.6%)
5. Del Monte Forest - Typical home value: $3,344,278, 1-year price change: +$306,447 (+10.1%)
6. Summerland - Typical home value: $3,285,011, 1-year price change: +$303,208 (+10.2%)
7. Avila Beach - Typical home value: $1,614,520, 1-year price change: +$297,156 (+22.6%)
8. Rancho Santa Fe - Typical home value: $3,719,979, 1-year price change: +$288,384 (+8.4%)
9. Brooks - Typical home value: $955,239, 1-year price change: +$281,750 (+41.8%)
10. Santa Ynez - Typical home value: $1,892,278, 1-year price change: +$266,676 (+16.4%)

See the full report including the top 50 cities on Stacker here.