flexiblefullpage - default
Currently Reading

The Key Players of the Nation’s Hottest Housing Markets: Affordable Homes

Housing Markets

The Key Players of the Nation’s Hottest Housing Markets: Affordable Homes

Realtor.com releases its monthly ranking of the top U.S. housing markets

November 19, 2021
For sale sign outside affordable home
Photo: stock.adobe.com

While the majority of the country is competing for housing at record high prices, the fastest selling homes are the most affordable even if they may be hard to find, says Realtor.com. The 20 hottest markets in the U.S. have an average median list price more than 15% lower than the national median home price. These properties are also getting about 2.8 times as many listing views as homes in other markets across the country.

Strong local economies outside of major metro areas are seeing the most affordability and attracting more interest from homebuyers as a result. Also, as remote work becomes more popular, families are relocating and snatching up affordable homes in smaller markets in the process.

For the second month in a row, the Manchester, NH, metropolitan area topped the Realtor.com® list of the country’s hottest markets in October. This was the 11th time the small city, about an hour northwest of Boston, has come in at No. 1 since the pandemic began in March of last year.

Homes in the Manchester area sold in fewer than 24 days in October—about 21 days faster than the typical market. These properties also received about 2.8 times as many eyeballs as the norm in other parts of the country.

The Realtor.com economics team came up with its monthly ranking of the hottest U.S. markets for real estate by tracking the metropolitan areas where homes are selling the quickest and where the most potential buyers are clicking on property listings.

For the full list of the nation’s hottest housing markets …

Read More

Related Stories

Housing Markets

Americans Relocating for Extra Living Space, Affordability. But Where To?

Rather than sticking around their hometowns and waiting for home prices to drop, renters and buyers are moving to new cities to find more affordable housing options

Market Data + Trends

Single-Family Homes Appreciating Faster Than Ever, Especially in These Popular Metros

Single-family home prices have risen steadily since 1990, but not all of the nation's 50 most populated metro areas have seen equal growth


Can Rising Mortgage Rates and Waning Competition Counterbalance Housing Affordability?

The market is shifting as mortgage rates surge to new highs, but a lack of affordability now could mean more savings down the road

boombox1 -
native1 - default

More in Category

native2 - default
halfpage1 -

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.

Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.