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10 Housing Markets Poised for Booming Sales and Price Growth in 2025

January 21, 2025

3 min Read

Written by Gabrielle Olya

Edited by Chris Cluff

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With mortgage rates expected to gradually drop over the course of 2025, Realtor.com predicts that housing inventory will also improve across the U.S. As the supply improves, it’s expected that home sales and home price growth will tick up slightly throughout the year. However, there are certain markets that are expected to see much stronger growth in home sales and prices in 2025.

According to Realtor.com’s Top Housing Markets for 2025 report, these markets have several things in common: They are concentrated in the South and West, they are areas where sales growth has already been booming, there is more housing inventory than average, there are high concentrations of young Americans and military members, and they cost less.

Based on the report, these 10 housing markets are poised for booming sales and price growth in 2025.

Colorado Springs, Colorado

Region: West
2025 existing home sale counts year-over-year: 27.1%
2025 existing home median sale price year-over-year: 12.7%

Miami-Fort Lauderdale-Pompano Beach, Florida

Region: South
2025 existing home sale counts year-over-year: 24%
2025 existing home median sale price year-over-year: 9%

Virginia Beach-Norfolk-Newport News, Virginia

Region: South
2025 existing home sale counts year-over-year: 23.4%
2025 existing home median sale price year-over-year: 6.6%

El Paso, Texas

Region: South
2025 existing home sale counts year-over-year: 19.3%
2025 existing home median sale price year-over-year: 8.4%

Richmond, Virginia

Region: South
2025 existing home sale counts year-over-year: 21.6%
2025 existing home median sale price year-over-year: 6.1%

Orlando-Kissimmee-Sanford, Florida

Region: South
2025 existing home sale counts year-over-year: 15.2%
2025 existing home median sale price year-over-year: 12.1%

McAllen-Edinburg-Mission, Texas

Region: South
2025 existing home sale counts year-over-year: 19.8%
2025 existing home median sale price year-over-year: 7%

Phoenix-Mesa-Chandler, Arizona

Region: West
2025 existing home sale counts year-over-year: 12.2%
2025 existing home median sale price year-over-year: 13.2%

Atlanta-Sandy Springs-Alpharetta, Georgia

Region: South
2025 existing home sale counts year-over-year: 15.1%
2025 existing home median sale price year-over-year: 10.2%

Greensboro-High Point, North Carolina

Region: South
2025 existing home sale counts year-over-year: 17.3%
2025 existing home median sale price year-over-year: 7.7%

Editor’s note: Data was sourced from Realtor.com and is accurate as of Dec. 10, 2024.

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