5 Fastest Growing Real Estate Markets in the US

In this article, we will take a look at the top 5 fastest-growing markets in the US. If you wish to see our detailed analysis, you can go to 25 Fastest Growing Real Estate Markets in the US.

5. Riverside-San Bernardino-Ontario

Forecasted Growth in Home Sales: 13.8%

Forecasted Growth in Home Prices: 2.0%

Combined  Home Sales and Price Growth: 15.8%

The year-over-year growth in existing home sales for Riverside-San Bernardino-Ontario was forecasted at 13.8%. The median sale price is also expected to grow by 2.0% year-over-year. Hence, the metro ranks as a rapidly growing real estate market in the US.

4. San Diego-Chula Vista-Carlsbad

Forecasted Growth in Home Sales: 11.0%

Forecasted Growth in Home Prices: 5.4%

Combined  Home Sales and Price Growth: 16.3%

San Diego-Chula Vista-Carlsbad ranks as one of the fastest-growing housing markets in the US. The year-over-year growth in existing home sales for the metro was forecasted at 11.0%. The median sale price is also expected to grow by 5.4% year-over-year.

3. Rochester

Forecasted Growth in Home Sales: 6.2%

Forecasted Growth in Home Prices: 10.4%

Combined  Home Sales and Price Growth: 16.6%

The year-over-year growth in existing home sales in Rochester was forecasted at 6.2% thereby ranking it as one of the fastest growing US housing markets. The median sale price is also expected to grow by 10.4% year-over-year.

2. Oxnard-Thousand Oaks-Ventura

Forecasted Growth in Home Sales: 18.0%

Forecasted Growth in Home Prices: 3.3%

Combined  Home Sales and Price Growth: 21.3%

Oxnard-Thousand Oaks-Ventura ranks as another rapidly growing real estate market in the US. The year-over-year growth in existing home sales for the metro was forecasted at 18.0%. The median sale price is also expected to grow by 3.3% year-over-year.

1. Toledo

Forecasted Growth in Home Sales: 14.0%

Forecasted Growth in Home Prices: 8.3%

Combined  Home Sales and Price Growth: 22.3%

Toledo ranks on the top of the 25 fastest-growing real estate markets in the US. The year-over-year growth in existing home sales for the metro was forecasted at 14.0%. The median sale price is also expected to grow by 8.3% year-over-year.

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