Sacramento metro-area home values rose 13.7 percent year-over-year in January, according to Seattle-based data tracker Zillow.
In its monthly report released today, Zillow put the Sacramento region's median home value at $228,600 in January.
Among the 30 large metro areas Zillow tracks, Sacramento ranked fifth nationwide in percentage year-over-year home value appreciation. Sacramento also ranked fifth on a monthly basis, seeing a 1.7 percent gain from December to January.
Nationally, Zillow said the median home value last month was $158,100, up 0.7 percent from December and a 6.2 percent gain over January 2012.
January marked the 15th consecutive month of U.S. home value appreciation, and the 6.2 percent annual gain was the largest since July 2006, when it was 7.5 percent, before the peak of the housing bubble.
"The winter months are typically when things cool off in the housing market, but high demand and continued tight inventory in many markets have helped keep things at a boil through the early part of 2013," said Stan Humphries, Zillow's chief economist.