Current:Home > FinanceRealtor group picks top 10 housing hot spots for 2025: Did your city make the list? -SecurePath Capital
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
View
Date:2025-04-15 23:37:20
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! (3)
Related
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Georgia kids would need parental permission to join social media if Senate Republicans get their way
- Stay inside as dangerous stormy weather lashes northern Europe, officials say. 2 people have died
- Paramount to sell Simon & Schuster to private equity firm KKR for $1.62 billion
- What do we know about the mysterious drones reported flying over New Jersey?
- Once Colombia’s most-wanted drug lord, the kingpin known as Otoniel faces sentencing in US
- Federal judge says California’s capital city can’t clear homeless camps during extreme heat
- Michigan now the heavyweight in Ohio State rivalry. How will Wolverines handle pressure?
- Don't let hackers fool you with a 'scam
- Judge says man charged with killing 3 in suburban Boston mentally incompetent for trial
Ranking
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Arrest warrants issued for Montgomery, Alabama, riverfront brawl
- Teen said 'homophobic slurs' before O'Shae Sibley killing: Criminal complaint
- Book excerpt: After the Funeral and Other Stories by Tessa Hadley
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Kate Spade 24-Hour Flash Deal: Get This $300 Tote Bag for Just $69
- William Friedkin, director of acclaimed movies like The French Connection and The Exorcist, dead at 87
- Pink is dazzling, undaunted and often upside down on her enthralling Summer Carnival tour
Recommendation
B.A. Parker is learning the banjo
Philadelphia Eagles sign veteran linebackers Myles Jack and Zach Cunningham
U.S. publishing boss Adrienne Vaughan killed in terrible speedboat crash in Italy
Why scientists are concerned that a 'rare' glacial flooding event could happen again
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Elon Musk says his fight against Mark Zuckerberg will stream on X — but Zuck claps back
Powerball jackpot grows to $145 million. See winning numbers for Aug. 7.
Summer heat can be more extreme for people with diabetes