Zillow’s Picks for Hottest Housing Markets in 2025
April 2025
To come up with the list of hottest markets, Zillow analyzed the 50 largest U.S. metro areas. Only four metros from last year’s list made the cut for 2025, representing a shift away from some of the hot markets in Florida and Ohio, which dominated last year’s list.
Zillow’s hot market drivers include:
- Job Growth: Attracts residents, increasing housing demand.
- Owner-Occupied Household Growth: Signals family formation and population growth.
- Home Value Growth: Indicates strong market demand and investment.
- Fast Home Sales: Shows high competition and quick buyer decisions.
- Limited New Construction: Heightens competition for existing homes.
2025’s 10 Hottest Housing Markets
10. Salt Lake City, UT: Mountain-surrounded city with outdoor appeal. Home values to rise 2.3% to $555,858; homes sell in 19 days.
9. Richmond, VA: Historic city with a vibrant scene. Home values to increase 2.9%; homes sell rapidly, in 9 days.
8. Kansas City, MO: Known for music, barbecue, and fountains. Home values to rise 2.7% to $307,334; homes sell in 9 days.
7. Charlotte, NC: Sports-centric city with outdoor spaces. Home values to appreciate 3.2% to $389,383; homes sell in 20 days.
6. St. Louis, MO: Affordable Midwest city. Home values to grow 1.9% to $254,847; homes sell quickly, in 8 days.
5. Philadelphia, PA: Historic, walkable city. Home values to grow 2.6%; homes sell in 11 days.
4. Hartford, CT: Home values forecast to rise 4.2% to $378,693; homes sell in 7 days, indicating a competitive market.
3. Providence, RI: Waterfront city with academic presence. Home values to grow 3.7%; homes sell in 12 days.
2. Indianapolis, IN: Centrally located city with racing history. Home values to rise to $285,086; homes sell in 14 days.
1. Buffalo, NY: Known for snow and Niagara Falls. Home values to rise 2.8% to $267,878; homes sell in 12 days.