Colorado Springs, Colo. is Realtor.com’s Top Housing Market for 2025, a list of the top 100 housing markets that are forecast to see increased sales in the coming year.
Rounding out the top 10 markets are Miami-Fort Lauderdale-Pompano Beach, Fla.; Virginia Beach-Norfolk-Newport News, Va.-N.C.; El Paso, Texas; Richmond, Va.; Orlando-Kissimmee-Sanford, Fla.; McAllen-Edinburg-Mission, Texas; Phoenix-Mesa-Chandler, Ariz.; Atlanta-Sandy Springs-Alpharetta, Ga.; and Greensboro-High Point, N.C.
These are markets that are primed and ready for growth in the year ahead, the firm says.
This year’s list highlights markets characterized by moderately affordable homes, abundant inventory – mainly boosted by new construction – and a sizable base of younger families, many with military and international connections.
“While nationwide home sales are expected to see a slight uptick this year, driven by a cooling in home price growth, the top markets we’ve identified are poised for stronger sales and price gains in 2025,” says Danielle Hale, chief economist for Realtor.com, in a release. “With mortgage rates likely to ease only modestly next year, these markets—offering relatively lower-priced homes, more new and existing houses to choose from, and mortgage products designed to give buyers a leg up—could provide some would-be buyers a better chance at entering the market next year.”
This year’s top 10 are all located in the South and West, with multiple markets from three states – Texas, Florida and Virginia. While these areas generally offer lower home prices than the national average, incomes tend to be lower as well. As a result, housing affordability remains a challenge, with buyers spending about 31.1% of their income on housing—higher than the national average of 29.2%.
However, seven of the top 10 markets offer a more affordable cost of living compared to the U.S. average, with McAllen, Texas leading as the most affordable, with living costs 13% below the national average. Miami stands out as the least affordable, with housing costs consuming 42.1% of income and a cost of living 11.5% above the U.S. average.
Photo: Bailey Anselme
