Trader Joe's Is Secretly Making Your Home More Valuable

Whether you shop there or not. 👍
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We knew the jalapeño hummus was good... but higher home values? 

Now that's really delicious. 

A recent study in the book Zillow Talk found that two years after a given Trader Joe's opens, the median home within a mile of that store has increased in value 10 percent more than others in the same city.

Homes within a mile of a Whole Foods also appreciate, or gain value, faster than others in the surrounding area, the study found.

Score!

Zillow analyzed nearly three million single-family homes, condos and co-ops over a 17-year period. Each home was located within a mile of some 800 separate Trader Joe's and Whole Foods stores.

The fact that homes near the stores gain value more quickly than others proves one of two things: Either grocery stores are experts at finding neighborhoods where home values are going to rise, or having a nice grocery store nearby causes home values to increase.

Or maybe it's both.

"Whole Foods and Trader Joe’s are likely doing heavy research to identify... up-and-coming markets to open new stores," a Zillow spokesperson told HuffPost. "However, at the same time, amenity-rich neighborhoods are very desirable to homebuyers."

So what's a homeowner to do? If you live near Trader Joe's or Whole Foods (or Starbucks, for that matter), good news: Your home will likely have a higher asking price than others when you try to sell it. And if you're looking to move, it might be worth checking Whole Foods and Trader Joe's expansion plans first. Trader Joe's recently announced that it's opening a store in Tulsa, Oklahoma, which, by the way, is the best city in America you're not visiting.

Happy hunting!

Also on HuffPost:

Trader Joe's Items You Really Need To Try
Cilantro and Jalapeño Hummus(01 of16)
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"I eat it with a spoon. There's a spicy kick that you don't get in garlic or sundried tomato hummus." (credit:Suzy Strutner)
Sweet Potato Gnocchi with Butter and Sage(02 of16)
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"The little dumplings heat up to chewy perfection. You'll literally lick the sauce out of your bowl." (credit:Suzy Strutner)
Belgian Chocolate Pudding(03 of16)
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"Sweet but not too sweet, and it lasts more than one sitting. I eat it with fresh fruit." (credit:Suzy Strutner)
Farfalle with 4 Cheeses and Spinach(04 of16)
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"It'll get you that 'Oh HELL YEAH' reaction." (credit:Suzy Strutner)
Chocolate Chip Cookie Dunkers(05 of16)
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"They're basically grown-up Dunkaroos." (credit:Suzy Strutner)
Organic Tuscan Kale(06 of16)
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"It's darker and meatier than regular kale." (credit:Suzy Strutner)
Frozen Mac 'N Cheese(07 of16)
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"As close to homemade mac and cheese as you'll get." (credit:Suzy Strutner)
Premium Salmon Burgers(08 of16)
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"You can microwave them for a super quick dinner, and they're so flavorful that I eat them plain." (credit:Suzy Strutner)
Cheddar Cheese With Caramelized Onions(09 of16)
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"The big nuggets of sweet onion are unreal. It's got a nice, crumbly texture, too." (credit:Suzy Strutner)
Handmade Chocolate Ganache Torte(10 of16)
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"My mom has asked for this for her birthday every year for a LONG time. It's stupidly delicious." (credit:Suzy Strutner)
Corn & Wheat Tortillas(11 of16)
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"They have the texture of a flour tortilla with the taste of corn. Yum." (credit:Suzy Strutner)
Pollo Asado(12 of16)
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"It saves you lots of time since it's pre-marinated, and it's great for tacos, salads and burritos." (credit:Suzy Strutner)
Creamy Spinach & Artichoke Dip(13 of16)
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"It's cheesy, perfectly seasoned, actually has real pieces of artichoke in it, and will completely satisfy any last-minute visitors who pop by your house." (credit:Suzy Strutner)
Chicken Gyoza Potstickers(14 of16)
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"I could eat a bag in one sitting." (credit:Suzy Strutner)
Burrata(15 of16)
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"The cheapest burrata you'll ever find." (credit:Suzy Strutner)
Chocolate Brooklyn Babka(16 of16)
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"Seriously decadent." (credit:Suzy Strutner)

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