2022's Best Real-Estate Markets (2022)

Whether you’re joining the real-estate business or just looking for a place to call home, it’s important to get a handle on the housing markets you’re considering before investing in a property. This year, the housing market is skewed much more toward sellers, with mortgage rates having nearly doubled in the past year and home values having risen nearly 21% on average.

If you aim for long-term growth, equity and profit with your housing purchase, you’ll need to look beyond tangible factors like square footage and style. Those factors certainly drive up property values. From an investor’s standpoint, though, they hold less significance than historical market trends and the economic health of residents.

To determine the best local real-estate markets in the U.S., WalletHub compared 300 cities of varying sizes across 17 key indicators of housing-market attractiveness and economic strength. Our data set ranges from median home-price appreciation to job growth.

Table of Contents

Main FindingsRanking by City SizeAsk the ExpertsMethodology

Main Findings

Embed on your website

Best Places to Buy a House

Overall RankCityTotal ScoreReal-Estate MarketAffordability & Economic Environment
1Frisco, TX81.0311
2Allen, TX79.4523
3McKinney, TX79.2832
4Austin, TX74.02446
5Nashville, TN73.23577
6Cary, NC72.74711
7Gilbert, AZ72.081110
8Denton, TX71.671015
9Peoria, AZ71.391218
10Richardson, TX71.381313
11Fort Worth, TX71.29931
12Durham, NC71.151412
13Murfreesboro, TN71.09178
14Bellevue, WA71.036125
15Port St. Lucie, FL70.89185
16Seattle, WA70.78894
17Carrollton, TX70.651514
18Surprise, AZ69.58259
19Plano, TX69.182220
20Henderson, NV69.092126
21Roseville, CA69.092032
22Chandler, AZ68.922327
23Grand Prairie, TX68.921949
24Raleigh, NC68.761683
25Charlotte, NC68.262647
26Boise, ID68.252739
27Irving, TX67.992854
28Hillsboro, OR67.413429
29Vancouver, WA67.424110
30Tempe, AZ67.073624

Note: With the exception of “Total Score,” all of the columns in the table above depict the relative rank of that city, where a rank of 1 represents the best conditions for that metric category.

2022's Best Real-Estate Markets (1)

Share of Seriously Underwater Mortgages

Lowest

  • T-1. San Mateo, CA
  • T-1. Daly City, CA
  • T-3. Santa Clara, CA
  • T-3. San Jose, CA
  • T-3. Sunnyvale, CA

2022's Best Real-Estate Markets (2)

Highest

  • 296. Peoria, IL
  • 297. Shreveport, LA
  • 298. Columbus, GA
  • T-299. Baton Rouge, LA
  • T-299. St. Louis, MO

Best City vs. Worst City: 27x Difference

(Video) The Top 5 Real Estate Markets For 2022

San Mateo, CA vs. St. Louis, MO

2022's Best Real-Estate Markets (3)

Median Days on the Market

Lowest

  • 1. Westminster, CO
  • 2. Arvada, CO
  • 3. Renton, WA
  • 4. Gilbert, AZ
  • 5. Everett, WA

2022's Best Real-Estate Markets (4)

Highest

  • T-260. Paterson, NJ
  • T-260. Newark, NJ
  • T-260. Miami Beach, FL
  • T-260. Yonkers, NY
  • T-260. New York, NY

Best City vs. Worst City: 5x Difference

Westminster, CO vs. New York, NY

2022's Best Real-Estate Markets (5)

Median Home-Price Appreciation

Highest

  • 1. North Las Vegas, NV
  • 2. Sunnyvale, CA
  • 3. Richmond, CA
  • 4. Hayward, CA
  • 5. Vallejo, CA

2022's Best Real-Estate Markets (6)

Lowest

(Video) Top 10 Hottest Real Estate Markets of 2022!

  • 296. Hampton, VA
  • 297. Paterson, NJ
  • 298. Rockford, IL
  • 299. Waterbury, CT
  • 300. Flint, MI

2022's Best Real-Estate Markets (7)

Foreclosure Rate

Lowest

  • 1. Green Bay, WI
  • 2. Lexington, KY
  • 3. Bellevue, WA
  • 4. Spokane, WA
  • 5. Cambridge, MA

2022's Best Real-Estate Markets (8)

Highest

  • 282. Victorville, CA
  • 283. Rockford, IL
  • 284. Joliet, IL
  • T-285. North Las Vegas, NV
  • T-285. Cleveland, OH

Best City vs. Worst City: 97x Difference

Green Bay, WI vs. Cleveland, OH

2022's Best Real-Estate Markets (9)

% of Delinquent Mortgage Holders

Lowest

  • 1. Berkeley, CA
  • 2. Cambridge, MA
  • 3. Miami Beach, FL
  • 4. Sunnyvale, CA
  • 5. Bellevue, WA

2022's Best Real-Estate Markets (10)

Highest

  • T-294. Allentown, PA
  • T-294. Joliet, IL
  • T-294. Brockton, MA
  • T-294. Jackson, MS
  • T-294. Springfield, MA

2022's Best Real-Estate Markets (11)

Home Price as % of Income

Lowest

  • 1. Flint, MI
  • 2. Detroit, MI
  • 3. Lansing, MI
  • 4. Dayton, OH
  • 5. Akron, OH

2022's Best Real-Estate Markets (12)

Highest

  • 296. Los Angeles, CA
  • 297. Berkeley, CA
  • 298. Glendale, CA
  • T-299. Santa Barbara, CA
  • T-299. Santa Monica, CA

Best City vs. Worst City: 14x Difference

Flint, MI vs. Santa Monica, CA

(Video) Top 5 Cities You MUST Invest In Real Estate 2022 | Best Markets for Investing

2022's Best Real-Estate Markets (13)

Maintenance Costs as % of Income

Lowest

  • 1. Durham, NC
  • 2. Worcester, MA
  • 3. Naperville, IL
  • 4. Centennial, CO
  • 5. Mission Viejo, CA

2022's Best Real-Estate Markets (14)

Highest

  • 296. Newark, NJ
  • 297. Detroit, MI
  • 298. Hartford, CT
  • 299. Cleveland, OH
  • 300. Flint, MI

Show More

Ranking by City Size

Overall Rank
(1=Best)
Large CitiesOverall Rank
(1=Best)
Midsize CitiesOverall Rank
(1=Best)
Small Cities
1Austin, TX
(74.02)
1Frisco, TX
(81.03)
1Allen, TX
(79.45)
2Nashville, TN
(73.23)
2McKinney, TX
(79.28)
2Denton, TX
(71.67)
3Fort Worth, TX
(71.29)
3Cary, NC
(72.74)
3Richardson, TX
(71.38)
4Seattle, WA
(70.78)
4Gilbert, AZ
(72.08)
4Murfreesboro, TN
(71.09)
5Henderson, NV
(69.09)
5Peoria, AZ
(71.39)
5Bellevue, WA
(71.03)
6Raleigh, NC
(68.76)
6Durham, NC
(71.15)
6Carrollton, TX
(70.65)
7Charlotte, NC
(68.26)
7Port St. Lucie, FL
(70.89)
7Surprise, AZ
(69.58)
8Denver, CO
(66.42)
8Plano, TX
(69.18)
8Roseville, CA
(69.09)
9Dallas, TX
(66.40)
9Chandler, AZ
(68.92)
9Hillsboro, OR
(67.41)
10Mesa, AZ
(65.70)
10Grand Prairie, TX
(68.92)
10Arvada, CO
(66.50)
11Aurora, CO
(65.61)
11Boise, ID
(68.25)
11Clovis, CA
(65.78)
12Phoenix, AZ
(64.95)
12Irving, TX
(67.99)
12Thornton, CO
(64.28)
13Tampa, FL
(64.16)
13Vancouver, WA
(67.40)
13Longmont, CO
(63.17)
14Colorado Springs, CO
(63.68)
14Tempe, AZ
(67.07)
14Renton, WA
(62.41)
15Arlington, TX
(62.61)
15Fort Collins, CO
(65.83)
15Everett, WA
(61.76)
16Portland, OR
(61.20)
16Irvine, CA
(65.57)
16Santa Clara, CA
(61.69)
17Atlanta, GA
(59.95)
17Orlando, FL
(64.91)
17Spokane Valley, WA
(61.58)
18Houston, TX
(58.76)
18Salt Lake City, UT
(64.64)
18Greeley, CO
(61.44)
19San Jose, CA
(57.95)
19Elk Grove, CA
(64.23)
19Westminster, CO
(61.27)
20Miami, FL
(57.72)
20Sunnyvale, CA
(64.17)
20Davie, FL
(60.95)
21Jacksonville, FL
(57.49)
21Eugene, OR
(63.70)
21Charleston, SC
(60.70)
22San Diego, CA
(57.47)
22Huntsville, AL
(63.61)
22Athens-Clarke, GA
(60.28)
23Sacramento, CA
(57.45)
23Reno, NV
(63.54)
23North Charleston, SC
(60.13)
24Riverside, CA
(57.12)
24Tacoma, WA
(63.04)
24Palm Bay, FL
(59.99)
25Las Vegas, NV
(56.70)
25Garland, TX
(62.81)
25Kent, WA
(59.87)
26Anaheim, CA
(56.02)
26Cape Coral, FL
(62.20)
26Beaverton, OR
(59.80)
27Santa Ana, CA
(55.96)
27Madison, WI
(62.10)
27Vacaville, CA
(59.80)
28San Antonio, TX
(55.80)
28Scottsdale, AZ
(61.63)
28Lakeland, FL
(59.67)
29El Paso, TX
(55.64)
29Glendale, AZ
(60.86)
29Wilmington, NC
(59.39)
30Columbus, OH
(55.45)
30Salem, OR
(60.63)
30Chico, CA
(59.38)
31Minneapolis, MN
(55.39)
31North Las Vegas, NV
(59.87)
31Temecula, CA
(59.19)
32Fresno, CA
(55.38)
32Spokane, WA
(59.50)
32Mesquite, TX
(58.97)
33Lexington, KY
(55.16)
33Ontario, CA
(59.10)
33Roswell, GA
(58.59)
34Tucson, AZ
(55.14)
34Fremont, CA
(58.63)
34Fairfield, CA
(58.46)
35Bakersfield, CA
(54.63)
35Chula Vista, CA
(58.49)
35Norman, OK
(58.28)
36Oklahoma City, OK
(54.15)
36Overland Park, KS
(58.33)
36Visalia, CA
(58.23)
37Stockton, CA
(53.89)
37Lincoln, NE
(58.27)
37Cambridge, MA
(58.07)
38Boston, MA
(53.56)
38Lakewood, CO
(57.88)
38Miramar, FL
(58.02)
39Washington, DC
(53.45)
39Knoxville, TN
(57.75)
39Vista, CA
(57.77)
40Omaha, NE
(52.84)
40St. Petersburg, FL
(57.49)
40West Palm Beach, FL
(57.59)
41San Francisco, CA
(52.83)
41Hayward, CA
(57.30)
41Federal Way, WA
(57.26)
42St. Paul, MN
(52.60)
42Fontana, CA
(57.18)
42Carlsbad, CA
(57.17)
43Los Angeles, CA
(52.42)
43Rancho Cucamonga, CA
(57.12)
43Boulder, CO
(57.11)
44Oakland, CA
(51.97)
44Corona, CA
(57.00)
44Santa Maria, CA
(56.84)
45Corpus Christi, TX
(51.09)
45Modesto, CA
(56.40)
45Rialto, CA
(56.76)
46Long Beach, CA
(50.54)
46Oceanside, CA
(56.11)
46Sterling Heights, MI
(56.50)
47Kansas City, MO
(50.31)
47Pembroke Pines, FL
(55.29)
47Sunrise, FL
(56.21)
48Virginia Beach, VA
(50.28)
48Hialeah, FL
(55.09)
48Gresham, OR
(55.94)
49Pittsburgh, PA
(50.16)
49Chesapeake, VA
(54.99)
49Yuma, AZ
(55.90)
50Albuquerque, NM
(50.04)
50Salinas, CA
(54.98)
50San Mateo, CA
(55.69)
51Memphis, TN
(49.78)
51Santa Clarita, CA
(54.87)
51Quincy, MA
(55.43)
52Wichita, KS
(49.20)
52Escondido, CA
(54.76)
52Daly City, CA
(55.38)
53Honolulu, HI
(48.88)
53Greensboro, NC
(54.57)
53High Point, NC
(55.22)
54Louisville, KY
(48.29)
54Moreno Valley, CA
(54.39)
54Yakima, WA
(55.08)
55Indianapolis, IN
(48.05)
55Grand Rapids, MI
(54.25)
55Plantation, FL
(55.08)
56Tulsa, OK
(47.53)
56Santa Rosa, CA
(54.03)
56Murrieta, CA
(55.00)
57Milwaukee, WI
(45.66)
57San Bernardino, CA
(53.74)
57Centennial, CO
(54.91)
58Cincinnati, OH
(43.32)
58Pomona, CA
(53.53)
58Mission Viejo, CA
(54.49)
59Philadelphia, PA
(42.66)
59Garden Grove, CA
(53.26)
59Victorville, CA
(54.20)
60New York, NY
(41.50)
60Alexandria, VA
(53.19)
60Broken Arrow, OK
(54.12)
61Detroit, MI
(41.25)
61Richmond, VA
(53.15)
61Ventura, CA
(54.02)
62Chicago, IL
(39.48)
62Oxnard, CA
(52.85)
62Ann Arbor, MI
(53.91)
63New Orleans, LA
(38.47)
63Fort Wayne, IN
(52.81)
63Antioch, CA
(53.82)
64Baltimore, MD
(38.30)
64Springfield, MO
(52.56)
64Costa Mesa, CA
(53.80)
65Cleveland, OH
(35.70)
65Huntington Beach, CA
(51.94)
65Berkeley, CA
(53.72)
66St. Louis, MO
(35.36)
66Tallahassee, FL
(51.94)
66Clearwater, FL
(53.68)
67Jersey City, NJ
(51.39)
67Westminster, CA
(53.65)
68Laredo, TX
(51.12)
68Pueblo, CO
(53.47)
69Amarillo, TX
(50.82)
69West Covina, CA
(53.15)
70Augusta, GA
(50.36)
70Boca Raton, FL
(52.95)
71Winston-Salem, NC
(50.26)
71Orange, CA
(52.88)
72Glendale, CA
(50.12)
72Burbank, CA
(52.84)
73Birmingham, AL
(49.68)
73Sandy Springs, GA
(52.64)
74Palmdale, CA
(49.46)
74Green Bay, WI
(52.61)
75Lancaster, CA
(49.19)
75Gainesville, FL
(52.56)
76Worcester, MA
(48.99)
76Concord, CA
(52.39)
77Buffalo, NY
(48.88)
77Thousand Oaks, CA
(52.34)
78Norfolk, VA
(48.56)
78Miami Gardens, FL
(51.77)
79Fort Lauderdale, FL
(48.09)
79Pasadena, CA
(51.67)
80Newport News, VA
(47.00)
80Naperville, IL
(51.66)
81Rochester, NY
(46.59)
81Fullerton, CA
(51.59)
82Little Rock, AR
(46.57)
82Simi Valley, CA
(51.49)
83Akron, OH
(45.89)
83El Cajon, CA
(51.48)
84Fayetteville, NC
(45.44)
84South Gate, CA
(51.44)
85Hollywood, FL
(45.43)
85Coral Springs, FL
(51.44)
86Des Moines, IA
(44.95)
86Warren, MI
(51.28)
87Anchorage, AK
(44.95)
87Livonia, MI
(51.19)
88Providence, RI
(44.13)
88Savannah, GA
(51.14)
89Aurora, IL
(43.93)
89Kenosha, WI
(51.11)
90Mobile, AL
(41.31)
90Richmond, CA
(51.03)
91Montgomery, AL
(40.27)
90Santa Monica, CA
(51.03)
92Yonkers, NY
(39.52)
92El Monte, CA
(50.89)
93Springfield, MA
(38.96)
93Torrance, CA
(50.87)
94Jackson, MS
(38.90)
94Manchester, NH
(50.56)
95Newark, NJ
(38.85)
95Vallejo, CA
(50.53)
96Toledo, OH
(38.56)
96Carson, CA
(50.06)
97Columbus, GA
(38.29)
97Santa Barbara, CA
(49.97)
98Baton Rouge, LA
(37.75)
98Fort Smith, AR
(49.53)
99Shreveport, LA
(34.12)
99Dearborn, MI
(49.48)
100Downey, CA
(49.23)
101Norwalk, CA
(49.07)
102Tuscaloosa, AL
(48.93)
103Roanoke, VA
(48.56)
104Lansing, MI
(48.07)
105Inglewood, CA
(47.83)
106Pompano Beach, FL
(47.78)
107Lynn, MA
(47.48)
108Lowell, MA
(47.36)
109Cedar Rapids, IA
(46.66)
110Compton, CA
(45.62)
111Fall River, MA
(45.51)
112Springfield, IL
(45.34)
113New Bedford, MA
(44.93)
114Hampton, VA
(44.92)
115Stamford, CT
(44.33)
116Albany, NY
(44.00)
117Waukegan, IL
(43.81)
118Allentown, PA
(43.61)
119Dayton, OH
(43.30)
120Erie, PA
(43.03)
121Brockton, MA
(42.89)
122New Haven, CT
(42.42)
123Flint, MI
(41.40)
124Davenport, IA
(40.86)
125Miami Beach, FL
(40.77)
126Elgin, IL
(40.63)
127Joliet, IL
(40.07)
128Elizabeth, NJ
(40.04)
129Waterbury, CT
(39.05)
130Portsmouth, VA
(38.97)
131Paterson, NJ
(38.43)
132Rockford, IL
(37.61)
133Hartford, CT
(35.55)
134Bridgeport, CT
(33.23)
135Peoria, IL
(31.15)
(Video) The 10 BEST CITIES to a Buy a House in 2022 (THEY'RE ACTUALLY AFFORDBALE)

Ask the Experts

Economic indicators point to a strong housing market, but does that mean it’s a good time to buy a home? We consulted a panel of experts for their insight. Click on the panelists’ profiles below to read their bios and thoughts on the following key questions:

  1. Is now a good time to buy a home? What economic indicators should potential buyers be watching?
  2. How has the pandemic affected housing prices and the home-buying process? What changes should we expect in the housing market during the upcoming months?
  3. How likely is it that the Federal Reserve will increase interest rates in the coming months? How will this impact the housing market?
  4. Why are Millennials still sitting out of the housing market? What can be done to increase homeownership rates for this cohort?
  5. What trends are impacting the housing market in 2022? Will it crash or boom?

Ask the Experts

Eva Steiner
Associate Professor of Real Estate, King Family Early Career Professor – Penn State Smeal College of Business
Read More

Andrea Lee Negroni
JD – Adjunct Associate Professor of Law, Washington College of Law – American University, Washington DC
Read More

Nicholas E. Stolatis
Principal of EPN Real Estate Services, Inc. and Faculty, Real Estate Institute – Fordham University
Read More

Thomas S. Nesslein
Ph.D. – Associate Professor, Austin E. Cofrin School of Business – University of Wisconsin – Green Bay
Read More

Frank Braconi
Ph.D. – was formerly the Chief Economist for the New York City Comptroller; Principal of a consulting practice, Big City Economics, and a Professor at New York University's Schack Institute of Real Estate
Read More

Aaron Hedlund
Associate Professor of Economics, Krannert School of Management – Purdue University
Read More

More Experts

Methodology

In order to determine the best real-estate markets, WalletHub compared 300 cities across two key dimensions, “Real-Estate Market” and “Affordability & Economic Environment.”

We evaluated those dimensions using 17 relevant metrics, which are listed below with their corresponding weights. Each metric was graded on a 100-point scale, with a score of 100 representing the healthiest housing market.

Finally, we determined each city’s weighted average across all metrics to calculate its overall score and used the resulting scores to rank-order our sample.

Each city in our sample was categorized according to the following population-size guidelines:

  • Large city: More than 300,000 residents
  • Midsize city: 150,000 to 300,000 residents
  • Small city: Fewer than 150,000 residents

Real-Estate Market – Total Points: 80

  • Home Value Forecast: Full Weight (~8.00 Points)
    Note: This metric is based on Zillow’s Home Value Forecast, which predicts the Zillow Home Value Index one year from May 2022.
  • Median Home-Price Appreciation: Full Weight (~8.00 Points)
  • Median Days on the Market: Full Weight (~8.00 Points)
  • Share of Seriously Underwater Mortgages: Full Weight (~8.00 Points)
    Note: This metric measures the proportion of seriously underwater mortgages, where the combined estimated balance of loans secured by those properties was at least 25 percent more than their estimated market value.
  • Ratio of Rent Price to Sale Price: Full Weight (~8.00 Points)
  • Foreclosure Rate: Full Weight (~8.00 Points)
  • Share of People Delinquent on their Mortgage Debt: Full Weight (~8.00 Points)
  • Vacancy Rate: Full Weight (~8.00 Points)
    Note: This metric was calculated as follows: Vacant Housing Units / Total Housing Units.
  • Share of Young Homes: Full Weight (~8.00 Points)
    Note: “Young Homes” refer to housing units built between 2010 and 2020.
  • Building-Permit Activity: Full Weight (~8.00 Points)
    Note: This metric measures the number of unit permits pulled per 1,000 residents.

Affordability & Economic Environment – Total Points: 20

  • Housing Affordability: Double Weight (~5.00 Points)
    Note: This metric measures home price as share of income.
  • Maintenance Affordability: Full Weight (~2.50 Points)
    Note: This metric measures maintenance costs as share of income.
  • Population Growth Rate: Full Weight (~2.50 Points)
  • Job Growth Rate: Full Weight (~2.50 Points)
  • Unemployment Rate: Full Weight (~2.50 Points)
  • Underemployment Rate: Full Weight (~2.50 Points)
  • Median Credit Score: Full Weight (~2.50 Points)

Sources: Data used to create this ranking were collected from the U.S. Census Bureau, Bureau of Labor Statistics, Council for Community and Economic Research, Zillow, TransUnion, Chmura Economics & Analytics, The National Association of Realtors, ATTOM Data Solutions and WalletHub research.

Supporting Video Files:

Was this article helpful?

(Video) Top 12 Virtual Wholesaling Markets!

Disclaimer: Editorial and user-generated content is not provided or commissioned by financial institutions. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are WalletHub advertising partners. Our content is intended for informational purposes only, and we encourage everyone to respect our content guidelines. Please keep in mind that it is not a financial institution’s responsibility to ensure all posts and questions are answered.

Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.

FAQs

2022's Best Real-Estate Markets? ›

Industry analysts are predicting that the housing markets in the Sun Belt will be the most competitive in 2022. This includes Tampa, Jacksonville, Raleigh, San Antonio and Charlotte.

What are the top 10 real estate markets for 2021? ›

The 10 hottest housing markets of 2021
  • New York-Jersey City-White Plains, NY-NJ. New York City midtown skyline. ...
  • Port St. Lucie, FL. ...
  • Sebastian-Vero Beach, FL. Photo taken at sunrise at pier in Vero Beach, Florida. ...
  • Phoenix-Mesa-Scottsdale, AZ. ...
  • Salt Lake City, UT. ...
  • Punta Gorda, FL. ...
  • Ocala, FL. ...
  • Boise City-Nampa, ID.
Dec 31, 2021

What are the hottest real estate markets in 2021? ›

The Hottest Large Real Estate Markets of 2021
  • Mesa, AZ.
  • Fort Worth, TX. Composite score: 61.15. ...
  • Denver, CO. Composite score: 60.90. ...
  • Austin, TX. Composite score: 60.35. ...
  • San Francisco, CA. Composite score: 60.23. ...
  • San Diego, CA. Composite score: 60.03. ...
  • Portland, OR. Composite score: 57.98. ...
  • Phoenix, AZ. Composite score: 54.98. ...
Jul 6, 2022

Which state has the best housing market 2022? ›

1. California. The Golden State has the strongest real estate market in 2022, ranking well in terms of income levels, new construction rates, and available homes. California's housing inventory is at 27,227 and new constructions at 117,219, suggesting a healthier supply of houses compared to other states.

Where is the best housing market right now? ›

Best Real Estate Markets In The U.S.
  1. Austin, Texas (Metro Area) Median sold price: $571,481. ...
  2. Tampa, Florida. Median sold price: $364,808. ...
  3. Raleigh, North Carolina. Median sold price: $371,682. ...
  4. Nashville, Tennessee (Metro Area) ...
  5. Charlotte, North Carolina. ...
  6. San Antonio, Texas. ...
  7. Phoenix, Arizona. ...
  8. Jacksonville, Florida.
Jul 5, 2022

Where is property booming? ›

Strong housing momentum from 2021 sets up positive performance for 2022. Buyers have more options due to fewer supply constraints.
...
2. Realtor.com's list.
MarketSales VolumePrice Change
1. Salt Lake City, UT15.2%8.5%
2. Boise, ID12.9%7.9%
3. Spokane, WA12.8%7.7%
4. Indianapolis-Carmel, IN13.7%6.3%
6 more rows
Mar 7, 2022

What are the hottest housing markets? ›

June's hottest real estate markets
Hottest MetrosHotness RankMedian Listing Price
Concord, NH1$457,000
Manchester, NH2$478,000
Burlington, VT3$484,000
Portland, ME4$549,000
16 more rows
Jul 14, 2022

Which is the best place to invest in real estate? ›

List of 10 Best Cities for Real Estate Investments in India
  1. Navi Mumbai: Navi Mumbai is known for its well-designed residential properties. ...
  2. Pune: Pune accounts for 13% of the state's GDP. ...
  3. Mumbai: ...
  4. Thane: ...
  5. Chennai: ...
  6. Bangalore: ...
  7. Hyderabad: ...
  8. Noida:

Is real estate a good investment in 2022? ›

Zillow says that despite a projected home value appreciation growth of 19.5% in 2021, home value growth will still end up at about 11% in 2022. It'll still end up being one of the strongest years in real estate history. Home sales should total 6.35 million, the highest number of home sales since 2006.

Where is the fastest growing real estate market in the US? ›

The quickest-cooling real estate market is San Jose, California, according to a new Redfin analysis, which ranked U.S. metropolitan markets based on median sales prices, year-over-year inventory changes and other factors between February and May 2022.

Where is housing most affordable? ›

Iowa ranked No. 1 for the 2019 Best States affordability ranking, which considers both housing affordability and cost of living.

What is the hottest real estate market in US? ›

20 hottest housing markets in May
Hottest MetrosHotness RankHotness Rank YoY
Manchester, NH10
Burlington, VT280
Portland, MN31
Concord, NH4-2
16 more rows
Jun 15, 2022

What is the hardest state to buy a house in? ›

1. California

The state's housing is expensive and in short supply for people searching for starter homes, according to Bankrate. Californians aged 25 to 44 need to pay about 35 percent of the their monthly income to afford the typical mortgage, above the rule-of-thumb percentage.

What state is best to buy a house? ›

Key Findings
  1. Wyoming. Wyoming ranks as the best state for homeowners in 2020, placing in the top 20 for eight of the 10 metrics we considered. ...
  2. Idaho. ...
  3. Indiana. ...
  4. Utah. ...
  5. New Hampshire. ...
  6. Massachusetts. ...
  7. Maine. ...
  8. Arizona.
Sep 10, 2020

What is the cheapest state to buy a house in? ›

West Virginia is the cheapest state to buy a home. A typical home in West Virginia costs $129,103, nearly $30,000 less than Mississippi's and less than half of the national average. A homebuyer can expect to get 1,792 square feet of living space for that price.

Will house prices drop in 2022? ›

The property website initially predicted house price growth to slow to 5% for 2022, but has since revised this to 7%. This projection comes because housing stock is at a record low and is struggling to meet buyer demand. Capital Economics predicts prices will fall 5% over the next two years.

Is now a good time to buy a house? ›

Now is a good time to buy a house — and U.S. consumers agree. According to Fannie Mae's National Housing Survey, more than two-thirds of today's renters would buy a home if their lease ended. Most expect rents to rise sharply into 2023. The housing market may favor buyers now, too.

Is real estate a good investment right now? ›

The Short Version:

Housing prices are adjusting down from the 2020-2021 highs due to rapid interest rate hikes by the Feds. Interest rates are still historically low and affordable for rental property investors. Real estate is a long-term investment and the long term outlook is positive for investing now.

What cities have the highest projected home value increases 2022? ›

10 cities where housing prices are expected to rise over 20% in 2022
  1. Austin, Texas. Forecast home price change by May 2022: 37.1% ...
  2. Provo, Utah. Forecast home price change by May 2022: 28.2% ...
  3. Phoenix, Arizona. ...
  4. Ogden, Utah. ...
  5. San Diego, California. ...
  6. San Jose, California. ...
  7. Salt Lake City, Utah. ...
  8. Boise, Idaho.

Where are home values increasing the most? ›

While not technically a state, Washington, D.C., tops the list of locations that have seen the most significant spike in home values between 2002 and 2020, Zillow's data showed. Over that period of time, home prices in D.C. rose by just over 167 percent, and since 2012, prices jumped by about 54 percent.

Is 2022 a good time to buy an investment property? ›

If you've been looking for ways to make a passive income and diversify your investments, 2022 may be an excellent time to consider buying an investment property.

What's the hottest real estate market? ›

June's hottest real estate markets
Hottest MetrosHotness RankMedian Listing Price
Concord, NH1$457,000
Manchester, NH2$478,000
Burlington, VT3$484,000
Portland, ME4$549,000
16 more rows
Jul 14, 2022

Is it a good idea to invest in real estate 2022? ›

Zillow says that despite a projected home value appreciation growth of 19.5% in 2021, home value growth will still end up at about 11% in 2022. It'll still end up being one of the strongest years in real estate history. Home sales should total 6.35 million, the highest number of home sales since 2006.

Is investing in real estate a good idea in 2022? ›

The National Association of Realtors forecasts that the vacancy rate will further tighten to 4.8% in 2022 (5.1% in 2021) and rent growth to average at 10% (7.8% in 2021). One of the main forces behind the rental market upswing is the Covid-driven work-from-home trend.

Videos

1. Top Real Estate Markets to Watch in 2022
(Ken McElroy)
2. [Be Patient] The Housing Market Price About To Drop In Half Nicholas Gerli
(Finance Eyes)
3. The Top 5 Real Estate Markets In 2022 | LIOS Podcast
(Live and Invest Overseas)
4. Top 10 Emerging HOUSING MARKETS in 2022
(Wildeye)
5. 2022’s Best Real-Estate Markets
(WalletHub)
6. WARNING: These Cities Are About To CRASH | Top 10 Housing Bubbles
(The Out of State Investor)

Top Articles

You might also like

Latest Posts

Article information

Author: Gov. Deandrea McKenzie

Last Updated: 10/01/2022

Views: 5931

Rating: 4.6 / 5 (66 voted)

Reviews: 81% of readers found this page helpful

Author information

Name: Gov. Deandrea McKenzie

Birthday: 2001-01-17

Address: Suite 769 2454 Marsha Coves, Debbieton, MS 95002

Phone: +813077629322

Job: Real-Estate Executive

Hobby: Archery, Metal detecting, Kitesurfing, Genealogy, Kitesurfing, Calligraphy, Roller skating

Introduction: My name is Gov. Deandrea McKenzie, I am a spotless, clean, glamorous, sparkling, adventurous, nice, brainy person who loves writing and wants to share my knowledge and understanding with you.