11 places where home prices will probably go up after Trump's tax plan goes into effect

WikimediaHomeowners in these places may see a boost thanks to tax reform.
  • The Republican tax bill passed Congress on Wednesday, and President Donald Trump signed it into law on Friday.
  • National home prices are expected to take a hit across the country.
  • But certain housing markets might see a small boost, especially in rural areas in states including Alaska, Texas, New Mexico, and North and South Dakota.

The Republican tax bill passed Congress, and President Donald Trump signed it into law before Christmas.

National home prices are expected to take a hit under tax reform. The impact is most severe for high-priced homes, especially in parts of the country where a greater number of people itemize their taxes.

But, according to new data from Moody’s Analytics which analysed housing prices in over 3,000 counties across the US, housing markets in some rural areas of the country might see a small boost.

Below are the counties that are expected to see home prices rise by at least 1% between now and summer 2019, as a result of tax reform, according to Moody’s. They are located in Colorado, North and South Dakota, Texas, Alaska, Montana, and Nebraska.

We also pulled median home prices, median rent prices, and median household incomes for many of these counties, based on recent Census data.


San Juan County, Colorado — 1.0%

WikimediaSilverton, San Juan County, Colorado

Median home value: $US224,100

Median rent: $US1,069

Median household income: $US41,250

Source: Moody’s Analytics, Census


Corson County, South Dakota — 1.0%

WikimediaMcLaughlin, Corson County, South Dakota

Median home value: $US56,000

Median rent: $US414

Median household income: $US32,115

Source: Moody’s Analytics, Census


Kusilvak Census Area and Lake and Peninsula Borough in Alaska — 1.1%

WikimediaChevak, Kusilvak Census Area, Alaska,

Kusilvak Census Area:

Median home value: $US101,300

Median rent: $US607

Median household income: $US38,160

Source: Moody’s Analytics, Census


Petroleum County, Montana — 1.1%

WikimediaWinnett, Petroleum County, Montana

Median home value: $US83,000

Median rent: $US484

Median household income: $US38,250

Source: Moody’s Analytics, Census


Sioux and Slope counties, North Dakota — 1.1%

WikimediaAmidon, Slope County, North Dakota

Sioux County:

Median home value: $US74,300

Median rent: $US450

Median household income: $US39,539

Source: Moody’s Analytics, Census


Wheeler, McPherson, Loup, Keya Paha, Hayes, Grant, Blaine, Banner, and Arthur counties in Nebraska — 1.1%

WikimediaArthur, Arthur County, Nebraska

McPherson County:

Median home value: $US147,900

Median rent: $US642

Median household income: $US53,750

Keya Paha County:

Median home value: $US79,000

Median rent: $US540

Median household income: $US43,333

Source: Moody’s Analytics, Census, Census


Harding County, New Mexico — 1.1%

WikimediaMosquero, Harding County, New Mexico

Median home value: $US65,800

Median rent: $US506

Median household income: $US32,404

Source: Moody’s Analytics, Census


Ziebach, Todd, Oglala Lakota, Mellette, Harding, and Buffalo counties in South Dakota — 1.1%

WikimediaZiebach County Courthouse

Oglala Lakota County:

Median home value: $US19,800

Median rent: $US464

Median household income: $US26,330

Mellette County:

Median home value: $US44,400

Median rent: $US395

Median household income: $US29,471

Source: Moody’s Analytics, Census,Census


Terrell, Motley, Loving, King, Kent, and Kenedy counties in Texas — 1.1%

WikimediaMotley County, Texas

Terrell County:

Median home value: $US64,600

Median rent: $US737

Median household income (2012-2016): $US24,821

Kent County:

Median home value: $US72,900

Median rent: $US492

Median household income: $US50,625

Source: Moody’s Analytics, Census, Census


Aleutians East Borough, Alaska — 1.1%

WikimediaFalse Pass, Aleutians East Borough, Alaska

Median home value: $US124,500

Median rent: $US939

Median household income: $US65,296

Source: Moody’s Analytics, Census


Yakutat Borough, Alaska — 1.2%

WikimediaYakutat Bay

Median home value: $US165,800

Median rent: $US975

Median household income: $US66,875

Source: Moody’s Analytics, Census

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