Report Finds The Ten Hottest Housing Markets of 2018
News

Report Finds The Ten Hottest Housing Markets of 2018

Las Vegas Hottest Housing Markets

While the U.S. saw home values grow on average by about 7.7 percent from 2017 to 2018, some markets were bigger winners than others, according to research from Clever Real Estate.

As forecasters predict a slower 2019, many real estate investors are still celebrating roaring growth for the housing market in 2018.

But while the U.S. saw home values grow on average by about 7.7 percent from 2017 to 2018, some markets were bigger winners than others, according to research from Clever Real Estate. In general, markets in the southeast enjoyed the most substantial growth in 2018 in Clever’s analysis, but the West Coast also netted remarkable gains.

Here are the top markets for housing growth in 2018, according to Clever Real Estate and Zillow Research.

  1. Las Vegas — YoY Home Value Increase: 13.88%; | Average Home Value: $277,300 | Zillow 2019 YoY Forecast: 7.12%
  2. Atlanta — Home Value Increase: 13.34% | Average Home Value: $215,000 YoY | Zillow 2019 YoY Forecast: 7.62%
  3. Indianapolis — YoY Home Value Increase: 12.69% | Average Home Value: $161,600 | Zillow 2019 YoY Forecast: 5.76%
  4. Charlotte, N.C. — YoY Home Value Increase: 11.48% | Average Home Value: $203,900 | Zillow 2019 YoY Forecast: 4.53%
  5. San Jose  — Average Home Value: $1,251,200 | YoY home Value Increase: 11.23% | Zillow 2019 YoY Forecast: 19.22%
  6. Dallas — Average Home Value: $237,800 | YoY Home Value Increase: 11.17% | Zillow 2019 YoY Forecast: 8.67%
  7. Salt Lake City — YoY Home Value Increase: 11.14% | Average Home Value: $352,300 | Zillow 2019 YoY Forecast: 6.11%
  8. Memphis — YoY Home Value Increase: 10.22% | Average Home Value: $138,000 | Zillow 2019 YoY Forecast: 0.92%
  9. Tampa — YoY Home Value Increase: 9.98% | Average Home Value: $211,500 | Zillow 2019 YoY Forecast: 7.08%
  10. Orlando —  Home Value Increase: 9.72% | Average Home Value: $233,700 YoY | Zillow 2019 YoY Forecast: 5.71%

 

10 hottest housing markets infographic


Category: News