Could the way your county voted in the last presidential election impact home prices?
It might, according to an interesting study in the Journal of Real Estate Research.
The study found a surprising pattern:
Counties that switched their votes from the party in power to the challenger who then won the election—tended to see bigger increases in home prices over the next four years.
This could mean good news for counties that voted for Joe Biden in 2020 but flipped to Donald Trump in 2024, helping him secure his second term in the White House.
Why Does This Happen?
Researchers aren’t completely sure why, but they think voter enthusiasm and economic policies could play a role.
When a county swings toward the winning candidate, it might get more attention, resources, or confidence from buyers and investors.
What This Means for Homeowners
If this trend holds true, counties that flipped for Trump in 2024 could experience faster home price growth compared to counties that stayed loyal to Biden.
Here’s how it could break down:
| County Type | Potential Home Price Growth |
|---|---|
| Flipped for Trump in 2024 | Likely Higher Growth |
| Stayed Loyal to Biden | Likely Slower Growth |
What to Watch
Keep an eye on your local housing market, especially if you live in one of these flipped counties.
Changes in policies or economic confidence might lead to shifts in prices over the next few years.
So, if your county flipped red this election, it might not just be about politics it could be a boost for your home value!
This surprising trend is another reminder of how politics and real estate can sometimes go hand in hand!