Top 10 U.S. Housing Market Hot Spots to Watch This Year Unveiled

01/02/2025 Hanna

The top 10 market hot spots for United States housing have been announced by the National Association of Realtors (NAR). These market positions were determined based on economic, demographic and housing factors predicted to significantly impact local markets as detailed in NAR’s report, Housing Hot Spots for 2025: Top Markets Amid Stabilizing Rates. In this report, Chief Economist and Senior Vice President of Research for NAR, Lawrence Yun revealed 10 top housing hot spots, provided a 2025 real estate and economic outlook and reviewed the 2024 market.

“Important factors common among the top performing markets in 2025 include available inventory at affordable price points, a better chance of unlocking low mortgage rates, higher income growth for young adults and net migration into specific metro areas,” said Yun.

According to NAR,

In alphabetical order, the following 10 markets have been identified as the top performers for 2025 due to their strengths across several indicators. All areas offer a favorable financing environment – either with lower proportions of locked-in homeowners or lower mortgage rates. In addition, most of these markets outperform the national average in at least six of NAR’s 10 criteria.