Home values have risen dramatically over the last twelve months. The latest Existing Home Sales Report from the National Association of Realtors puts the annual increase in the median existing-home price at 7.1%. CoreLogic, in their most recent Home Price Insights Report, reveals that national home prices have increased by 6.9% year-over-year.The CoreLogic report broke down appreciation even further into four different price categories:Lower Priced Homes: priced at 75% or less of the medianLow-to-Middle Priced Homes: priced between 75-100% of the medianMiddle-to-Moderate Priced Homes: priced between 100-125% of the medianHigh Price Homes: priced greater than 125% of the medianHere is how each category did in 2016:Bottom LineThe lower priced homes (which are more in demand) appreciated at greater rates than the homes at the upper ends of the spectrum.