Current:Home > MyRealtor group picks top 10 housing hot spots for 2025: Did your city make the list? -AssetLink
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
View
Date:2025-04-18 05:57:55
The end of the year means preparing for the one ahead and the National Association of Realtors is already predicting the hottest housing markets for 2025.
The NAR released The Top 10 Housing Hot Spots for 2025 on Thursday and map markers skew mostly toward Appalachia, with cities in the Carolinas, Tennessee and Indiana topping the list.
But markets to watch aren't the only predictions the organization is making. The NAR shared in a news release that mortgage rates will likely stabilize in the new year, hanging around 6%. At this rate, the NAR expects more buyers to come to the market, with a projection of 4.5 million existing homes listed in 2025. For comparison, in November, the average 30-year mortgage rate was 6.78%, per the association.
More houses may be on the market next year, but they aren't getting any cheaper. The NAR predicts the median existing-house price to be around $410,700 in 2025.
Interested in learning more about what cities are on the rise? Take a look at which 10 made the list for the hottest housing spots for 2025.
Buy that dream house:See the best mortgage lenders
Top 10 housing hot spots for 2025
The following list is in alphabetical order:
- Boston-Cambridge-Newton, Massachusetts and New Hampshire
- Charlotte-Conrod-Gastonia, North Carolina and South Carolina
- Grand Rapids-Kentwood, Michigan
- Greenville-Anderson, South Carolina
- Hartford-East-Hartford-Middletown, Connecticut
- Indianapolis-Carmel-Anderson, Indiana
- Kansas City, Missouri and Kansas
- Knoxville, Tennessee
- Phoenix-Mesa-Chandler, Arizona
- San Antonio-New Braunfels, Texas
How were these hot spots chosen?
The NAR identified the top 10 housing hot spots by analyzing the following 10 economic, demographic and housing factors in comparison to national levels:
- Fewer locked-in homeowners
- Lower average mortgage rates
- Faster job growth
- More millennial renters who can afford to buy a home
- Higher net migration to population ratio
- More households reaching homebuying age in next five years
- More out-of-state movers
- More homeowners surpassing average length of tenure
- More starter homes
- Faster home price appreciation
What are the mortgage rates in the 10 hot spots?
Can't see the chart in your browser? Visit public.flourish.studio/visualisation/20780837/.
Greta Cross is a national trending reporter at USA TODAY. Follow her on X and Instagram @gretalcross. Story idea? Email her at gcross@gannett.com.
Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.
veryGood! (9)
Related
- Tropical weather brings record rainfall. Experts share how to stay safe in floods.
- Prosecutors charge 10 with failing to disperse during California protest
- Ukraine boxing champion Oleksandr Usyk released after brief detention in Poland
- MLB playoff bracket 2024: Wild card matchups, AL and NL top seeds for postseason
- Sonya Massey's father decries possible release of former deputy charged with her death
- Gia Giudice Shares Hangover Skincare Hacks, the Item She Has in Her Bag at All Times & $2 Beauty Tools
- National Cheeseburger Day 2024: Get deals at McDonald's, Burger King, Wendy's, more
- National Cheeseburger Day 2024: Get deals at McDonald's, Burger King, Wendy's, more
- Report: Lauri Markkanen signs 5-year, $238 million extension with Utah Jazz
- Couple rescued by restaurant staff after driving into water at South Carolina marina
Ranking
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Now a Roe advocate, woman raped by stepfather as a child tells her story in Harris campaign ad
- Julia Fox Sets the Record Straight on Pregnancy After Sharing Video With Baby Bump
- WNBA awards Portland an expansion franchise that will begin play in 2026
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Police seek a pair who took an NYC subway train on a joyride and crashed it
- Now a Roe advocate, woman raped by stepfather as a child tells her story in Harris campaign ad
- Jealousy, fear, respect: How Caitlin Clark's been treated by WNBA players is complicated
Recommendation
Judge says Mexican ex-official tried to bribe inmates in a bid for new US drug trial
A Mississippi Confederate monument covered for 4 years is moved
Sean “Diddy” Combs Arrest: Lawyer Says He’s in “Treatment and Therapy” Amid Sex Trafficking Charges
RHOSLC Alum Monica Garcia Returning to TV in Villainous New Role
Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
Iconic Tupperware Brands seeks Chapter 11 bankruptcy
Influencer Candice Miller Sued for Nearly $200,000 in Unpaid Rent After Husband Brandon’s Death
Tito Jackson hospitalized for medical emergency prior to death