Digital Nomad

Home prices in these 22 cities are set to surge the most in the US in the next 12 months, according to Zillow


Home prices in the US are set to rise by 1.6% on average over the next 12 months, according to Zillow forecasts.

But some cities are poised for even more robust growth.

In a recent analysis, financial information site SmartAsset compiled Zillow's price growth forecasts for 192 US metropolitan areas over the next year.

Below, we've listed 22 cities where Zillow expects to see the largest price growth through the end of March 2025. Prices in all of them are expected to rise by at least 3.7%. To make their projections, Zillow uses a model that considers factors like population growth, mortgage rates, cost of construction supplies, the unemployment rate, tax rates, the supply of homes for sale, the percentage of homeowners late on payments, and more.

Alongside price growth estimates as of March 31, we've included below median home-sale prices for each city as of February 29. The average number of days that properties spend on the market from when they're listed to when their sale is pending is also included. This gives a window into how competitive each market is, SmartAsset says.

Among all 192 cities looked at, the average home-sale price is $312,430, and the average days on the market until a pending sale is 21.2, the analysis showed.

All data is from Zillow and compiled by SmartAsset. The data used was the most recent available at the time of the analysis.

22. Clarksville, Tennessee

The industrial portion of Clarksville, Tennessee surrounded by trees under a blue sky with clouds.
Clarksville, Tennessee. ChrisBoswell/Getty Images

Zillow home-price growth forecast for next 12 months: 3.7%

Median home-sale price: $268,967

Days to pending: 28

Source: Zillow, SmartAsset

21. Greenville, North Carolina

Greenville, South Carolina, at Falls Park on Reedy Creek at dusk.
Greenville, South Carolina Sean Pavone/Shutterstock

Zillow home-price growth forecast for next 12 months: 3.7%

Median home-sale price: $215,500

Days to pending: 12

Source: Zillow, SmartAsset

20. Durham-Chapel Hill, North Carolina

durham nc
Sean Pavone/Shutterstock

Zillow home-price growth forecast for next 12 months: 3.7%

Median home-sale price: $371,083

Days to pending: 12

Source: Zillow, SmartAsset

19. Wilmington, North Carolina

Wilmington, North Carolina
Walter Bibikow/Getty Images

Zillow home-price growth forecast for next 12 months: 3.7%

Median home-sale price: $411,583

Days to pending: 20

Source: Zillow, SmartAsset

18. Albuquerque, New Mexico

Albuquerque, New Mexico.
Albuquerque, New Mexico Davel5957/Getty Images

Zillow home-price growth forecast for next 12 months: 3.7%

Median home-sale price: $322,333

Days to pending: 11

Source: Zillow, SmartAsset

17. Boise City, Idaho

Boise, Idaho.
Boise, Idaho. Charles Knowles/Shutterstock

Zillow home-price growth forecast for next 12 months: 3.7%

Median home-sale price: $448,317

Days to pending: 16

Source: Zillow, SmartAsset

16. Yuma, Arizona

yuma arizona
Cheri Alguir/Shutterstock

Zillow home-price growth forecast for next 12 months: 3.8%

Median home-sale price: $283,300

Days to pending: 32

Source: Zillow, SmartAsset

15. McAllen-Edinburg-Mission, Texas

McAllen, Texas
McAllen, Texas. DenisTangneyJr/Getty Images

Zillow home-price growth forecast for next 12 months: 3.9%

Median home-sale price: $192,867

Days to pending: 53

Source: Zillow, SmartAsset

14. Fayetteville, North Carolina

A downtown shot of Fayetteville, North Carolina.
Fayetteville, North Carolina. Denis Tangney, Jr./Getty Images

Zillow home-price growth forecast for next 12 months: 3.9%

Median home-sale price: $218,500

Days to pending: 14

Source: Zillow, SmartAsset

13. Muncie, Indiana

indiana
Joe Sohm/Visions of America/Universal Images Group via Getty Images)

Zillow home-price growth forecast for next 12 months: 3.9%

Median home-sale price: $137,377

Days to pending: 14

Source: Zillow, SmartAsset

12. Santa Maria-Santa Barbara, California

Santa Barbara, California at sunset.
Santa Barbara, California at sunset. Max Angell/Shutterstock

Zillow home-price growth forecast for next 12 months: 3.9%

Median home-sale price: $852,250

Days to pending: 12

Source: Zillow, SmartAsset

11. Charlotte-Concord-Gastonia, North Carolina

charlotte north carolina
The lake at Marshall Park in Charlotte. Jon Bilous/Shutterstock

Zillow home-price growth forecast for next 12 months: 4%

Median home-sale price: $348,667

Days to pending: 14

Source: Zillow, SmartAsset

10. New Haven-Milford, Connecticut

White steeples atop trees next to downtown office buildings
New Haven, CT is home to Yale Universty. DenisTangneyJr/Getty Images

Zillow home-price growth forecast for next 12 months: 4%

Median home-sale price: $307,817

Days to pending: 8

Source: Zillow, SmartAsset

9. Johnson City, Tennessee

Buildings in Johnson City, Tennessee
DenisTangneyJr/Getty Images

Zillow home-price growth forecast for next 12 months: 4.1%

Median home-sale price: $226,160

Days to pending: 13

Source: Zillow, SmartAsset

8. Manchester-Nashua, New Hampshire

Manchester, NH
Denis Tangney Jr./Getty Images

Zillow home-price growth forecast for next 12 months: 4.1%

Median home-sale price: $434,489

Days to pending: 6

Source: Zillow, SmartAsset

7. Portland-South Portland, Maine

Portland, Maine.
Portland, Maine. Ultima_Gaina/Getty Images

Zillow home-price growth forecast for next 12 months: 4.1%

Median home-sale price: $475,000

Days to pending: 11

Source: Zillow, SmartAsset

6. Jackson, Tennessee

Welcome to Tennessee sign
AndreyKrav/Getty Images

Zillow home-price growth forecast for next 12 months: 4.2%

Median home-sale price: $183,167

Days to pending: 25

Source: Zillow, SmartAsset

5. Athens-Clarke County, Georgia

Athens Georgia
Shutterstock

Zillow home-price growth forecast for next 12 months: 4.2%

Median home-sale price: $323,333

Days to pending: 19

Source: Zillow, SmartAsset

4. Syracuse, New York

syracuse
debra millet/Shutterstock

Zillow home-price growth forecast for next 12 months: 4.5%

Median home-sale price: $193,667

Days to pending: 7

Source: Zillow, SmartAsset

3. Rochester, New York

Rochester, New York
Getty Images

Zillow home-price growth forecast for next 12 months: 5%

Median home-sale price: $199,975

Days to pending: 8

Source: Zillow, SmartAsset

2. Flagstaff, Arizona

Flagstaff_AZ_ _downtown_hotel
A street in Flagstaff, Arizona. Wikipedia Commons

Zillow home-price growth forecast for next 12 months: 5.3%

Median home-sale price: $593,833

Days to pending: 27

Source: Zillow, SmartAsset

1. Knoxville, Tennessee

Aerial view of Knoxville, Tennessee, skyline.
Knoxville, Tennessee. Kevin Ruck/Shutterstock

Zillow home-price growth forecast for next 12 months: 6.1%

Median home-sale price: $321,000

Days to pending: 14

Source: Zillow, SmartAsset

Post a Comment