The Adelaide housing market is one of the nation's strongest, with its median house price rising 11.5% in the past 12 months.

The Real Estate Institute of South Australia says Adelaide's median house price passed $300,000 six months ago and has now reached $320,000.

REISA president Mark Sanderson says the prime inner suburbs are a driving force behind the rising median, with typical houses in the exclusive inner-city areas now costing around $530,000.

The movement in Adelaide prices tends to confirm our forecasts for the South Australian capital, which we see as "the new Perth", with values driven by expanding activity in the resources sector and higher levels of population growth.