Housing prices in the so-called Opportunity Zone areas are mostly keeping pace with national valuations, according to a Q4 2021 report from real estate data curator ATTOM.
Opportunity Zones are qualified low-income areas targeted by Congress for economic redevelopment in the Tax Cuts and Jobs Act of 2017.
The report found that median single-family home and condo prices rose from the third quarter of 2021 to the fourth quarter of 2021 in 56 percent of opportunity zones around the country and spiked by at least 20 percent annually in almost half.
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