Starbucks (SBUX) Percolates Home Prices, Too

Starbucks (Nasdaq: SBUX) generally will put a spring in your step with its coffee and espresso offerings, but now the company could benefit you in more ways than one.

According to Zillow's Home Value Index, U.S. homes within one-quarter mile of a Starbucks saw values rise by 96 percent from 1997 through 2014. That compares with an average gain of 65 percent for all U.S. home prices over the same period.

Notably, the following metro areas have seen the biggest gain in home prices related to Starbucks growth:

1. Boston, MA
2. Philadelphia, PA
3. Washington, DC
4. Chicago, IL
5. Baltimore, MD
6. Portland, OR
7. Miami-Fort Lauderdale, FL
8. Atlanta, GA
9. Seattle, WA
10. Riverside, CA

You May Also Be Interested In

• Starbucks (SBUX) call put ratio 1 call to 1.4 puts as share price up 3%
• GE Vernova Q2 orders seen surging 59% on gas demand, BofA says
• After-Hours Stock Movers: GOOGL, TSLA, NOW, IBM, TXN, MOH, URI