Why house prices in gay neighborhoods are soaring

Americans homebuyers can take pride in these prices.

At the nadir of the housing market in 2012, homebuyers had to pay an average premium of almost 29%, or $209 per square foot, to live in communities with a higher share of gay, lesbian and bisexual residents. This year, homebuyers will need to pay a premium of nearly 37%, or $320 per square foot, to live in these same neighborhoods, according to a study released Wednesday by real-estate website Trulia and online dating site OKCupid IAC, -0.85% The conclusion? “Clearly, America’s gay neighborhoods have recovered at a faster rate than non-gay neighborhoods.

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