Houses near Whole Foods cost more than average home
Share Now on:
Another data point about the all-important American housing market.
Zillow, the real estate guesstimate people, are out with some new research that shows homes within a mile of a Trader Joe’s or a Whole Foods are worth twice as much as the median home in the rest of the country.
If you own a home and a Trader Joe’s opens nearby, look for a 10 percent bump the first two years its open.
Of course, there’s a whole lot of other things that go into the value of a home near a Trader Joe’s or a Whole Foods — do I need to lay that out? No.
Marketplace is on a mission.
We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.
Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?