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The median worker earned about $50K, and the average home made about $52.6K last year, according to Zillow\u2019s home value index.<\/span><\/span><\/p>\n<\/div>\n NEW YORK \u2013 Zillow Group\u2019s home value index climbed 19.6% in 2021 to $321,634 \u2013 a $52,667 year-on-year gain. That\u2019s more than the median U.S. full-time worker earned for the 12 months \u2013 about $50,000 before taxes, according to U.S. Census Bureau data.<\/span><\/span><\/p>\n It\u2019s the first time the annual nationwide dollar growth for a typical home value surpassed the inflation-adjusted median pretax income.<\/span><\/span><\/p>\n \u201cThe people who are winning the housing bids, typically, are folks who have higher incomes or have the equity from their previous home that they\u2019re able to put forward,\u201d says Zillow economist Nicole Bachaud. \u201cThat\u2019s definitely a big challenge \u2026 when we consider first-time buyers, renters, people who don\u2019t already own a home and aren\u2019t really benefiting from that equity.\u201d<\/span><\/span><\/p>\n CoreLogic reported that U.S. homeowners with mortgages accumulated over $3.2 trillion in equity in 2021 compared with 2020. The boost in typical home values in fast-growing markets like Atlanta, Dallas, Salt Lake City and Boise also topped the median incomes for those areas, while metro areas where 2021\u2019s home-value increase fell below the median income included Chicago, Washington, D.C., Philadelphia and Detroit.<\/span><\/span><\/p>\n The National Association of Realtors\u00ae estimates that the inventory of listed homes hit a record low in January 2021; at the same time, Realtor.com calculates that the median listing price reached an all-time high of $392,000 in February.<\/span><\/span><\/p>\n\n