The market has changed a lot in the last year. Prices are still up but some areas are getting more buyer attention. Realtor.com ranked the top markets based on traffic views and popularity for online shoppers over the last 12 months. Some of these may surprise you!
Knoxville is hot in 2024, more than any other city in the US over the last 5 years. Let’s get into the top 10.
Why These?
The list is for buyers and realtors to make informed decisions. Buyers can look for properties with growth potential and realtors can focus on high demand areas for home sales.
Here’s a quick breakdown:
Fastest growing values
Most traffic from online shoppers
Best future value growth
Regional demand (South and Midwest)
Now, let’s get into the top 10.
Top 10 in 2024
Columbus, OH: 0.9% 0.50
Knoxville, TN: 0.5% 0.49
Louisville/Jefferson County, KY-IN: 0.5% 0.44
Detroit-Warren-Dearborn, MI: 1.3% 0.53
Pittsburgh, PA: 0.9% 0.56
Portland-South Portland, ME: 0.4% 0.66
Tampa-St. Petersburg-Clearwater, FL: 1.9% 0.52
Charleston-North Charleston, SC: 0.4% 0.44
Hartford-East Hartford-Middletown, CT: 0.6% 0.77
Asheville, NC: 0.3% 0.54
Regional Notes
Half of these markets are in the South. The Northeast has three, two in the Midwest and zero in the West.
Southern markets are hot
Midwest cities are growing
Northeast has steady traffic
West didn’t make the list this year
These are the current demand trends for buyers. These are the regions with growth potential.
Buy or sell in these markets in 2024. If you need help with your closing, contact RTE, we will be glad to help make it smooth and fun. 865-625-0400
