The American housing market has been an uncertain once since the early days of the COVID-19 pandemic in 2020, with high prices and low construction and availability keeping the market unstable.
Find Out: I’m a Realtor — 5 Cities Retirees Are Moving To in 2025
Check Out: How Middle-Class Earners Are Quietly Becoming Millionaires — and How You Can, Too
That said, there are multiple pockets of housing across America that are on the upswing, with continued (or increased) construction and availability creating hot spots throughout the country. With that information in hand, the real estate marketplace tracker Zillow has drafted a housing market forecast for 2025, selecting the 50 cities expected to have the most prosperous housing sales for the year.
A number of surprising trends are on display in the forecast — especially the No. 1 spot. Last year’s No. 1 market, Minneapolis, has plummeted to No. 45. Buffalo, New York, which did not even place on the list last year, is now in the top spot thanks to increased jobs and residents and decreased home prices and rent costs.
Check out the forecast for the 50 largest metros in America.
50. New Orleans
- Zillow Home Value Index: $235,657
- Year-over-year growth: -1.4%
- 2025 growth forecast: -3.8%
Also See: 25 Places To Buy a Home If You Want It To Gain Value
Discover More: 4 Housing Markets That Have Plummeted in Value Over the Past 5 Years
49. San Francisco
- Zillow Home Value Index: $1,140,718
- Year-over-year growth: 2.7%
- 2025 growth forecast: -1.7%
Explore More: 7 Housing Markets Where Home Values Could Plummet
48. San Jose, California
- Zillow Home Value Index: $1,588,186
- Year-over-year growth: 7.9%
- 2025 growth forecast: -0.2%
47. Portland, Oregon
- Zillow Home Value Index: $543,814
- Year-over-year growth: 1.8%
- 2025 growth forecast: 0.3%
46. Austin, Texas
- Zillow Home Value Index: $444,248
- Year-over-year growth: -3.2%
- 2025 growth forecast: -0.4%
45. Minneapolis
- Zillow Home Value Index: $368,562
- Year-over-year growth: 2.5%
- 2025 growth forecast: 0.2%
44. Denver
- Zillow Home Value Index: $579.064
- Year-over-year growth: 0.8%
- 2025 growth forecast: 0.1%
Find Out: 20 Best Cities Where You Can Buy a House for Under $100K
43. Memphis, Tennessee
- Zillow Home Value Index: $233,885
- Year-over-year growth: 1.1%
- 2025 growth forecast: 2.3%
42. Milwaukee
- Zillow Home Value Index: $343,920
- Year-over-year growth: 5.3%
- 2025 growth forecast: 2.4%
41. New York City
- Zillow Home Value Index: $677,368
- Year-over-year growth: 6.4%
- 2025 growth forecast: 1.3%
40. Jacksonville, Florida
- Zillow Home Value Index: $353,501
- Year-over-year growth: -0.9%
- 2025 growth forecast: 1.9%
39. Chicago
- Zillow Home Value Index: $321,484
- Year-over-year growth: 5.4%
- 2025 growth forecast: 1.2%
Read More: Renting vs. Owning a Home — Which Will Be Cheaper in 2025?
38. Houston
- Zillow Home Value Index: $306,191
- Year-over-year growth: 0.6%
- 2025 growth forecast: 0.6%
37. Sacramento, California
- Zillow Home Value Index: $577,630
- Year-over-year growth: 2.1%
- 2025 growth forecast: 0.0%
36. San Antonio
- Zillow Home Value Index: $280,603
- Year-over-year growth: -1.8%
- 2025 growth forecast: 0.3%
35. Las Vegas
- Zillow Home Value Index: $428,725
- Year-over-year growth: 5.1%
- 2025 growth forecast: 1.1%
34. Los Angeles
- Zillow Home Value Index: $949,057
- Year-over-year growth: 4.6%
- 2025 growth forecast: 1.7%
Read Next: 5 Affordable Small Cities To Live In on the West Coast
33. Baltimore
- Zillow Home Value Index: $386,001
- Year-over-year growth: 3.6%
- 2025 growth forecast: 0.8%
32. Seattle
- Zillow Home Value Index: $735,683
- Year-over-year growth: 5.1%
- 2025 growth forecast: 1.9%
31. Nashville, Tennessee
- Zillow Home Value Index: $436,301
- Year-over-year growth: 1.7%
- 2025 growth forecast: 2.2%
30. Dallas
- Zillow Home Value Index: $368,683
- Year-over-year growth: -0.4%
- 2025 growth forecast: 1..0%
29. Tampa, Florida
- Zillow Home Value Index: $372,170
- Year-over-year growth: -2.5%
- 2025 growth forecast: 2.2%
For You: 21 Affordable Small Cities To Retire on the East Coast
28. Washington, D.C.
- Zillow Home Value Index: $567,825
- Year-over-year growth: 4.4%
- 2025 growth forecast: 0.8%
27. Phoenix
- Zillow Home Value Index: $454,001
- Year-over-year growth: -0.3%
- 2025 growth forecast: 1.7%
26. Louisville, Kentucky
- Zillow Home Value Index: $255,206
- Year-over-year growth: 4.7%
- 2025 growth forecast: 1.9%
25. Pittsburgh
- Zillow Home Value Index: $208,583
- Year-over-year growth: 2.8%
- 2025 growth forecast: 0.6%
24. Atlanta
- Zillow Home Value Index: $379.262
- Year-over-year growth: 0.3%
- 2025 growth forecast: 2.6%
Trending Now: 5 Cities Where Homes Will Be a Total Steal in 2 Years
23. Orlando, Florida
- Zillow Home Value Index: $391,924
- Year-over-year growth: -0.3%
- 2025 growth forecast: 2.2%
22. Riverside, California
- Zillow Home Value Index: $583,420
- Year-over-year growth: 3%
- 2025 growth forecast: 2.4%
21. Raleigh, North Carolina
- Zillow Home Value Index: $441,066
- Year-over-year growth: 1.1%
- 2025 growth forecast: 1.7%
20. Birmingham, Alabama
- Zillow Home Value Index: $247,509
- Year-over-year growth: 0.7%
- 2025 growth forecast: 1.3%
19. San Diego
- Zillow Home Value Index: $939,174
- Year-over-year growth: 3.8%
- 2025 growth forecast: 2.5%
Check Out: 3 Best States To Buy Property in the Next 5 Years, According to Experts
18. Detroit
- Zillow Home Value Index: $248,126
- Year-over-year growth: 4.8%
- 2025 growth forecast: 1.7%
17. Oklahoma City
- Zillow Home Value Index: $230,466
- Year-over-year growth: 2.5%
- 2025 growth forecast: 2.4%
16. Boston
- Zillow Home Value Index: $694,494
- Year-over-year growth: 4.7%
- 2025 growth forecast: 2.1%
15. Miami
- Zillow Home Value Index: $486,056
- Year-over-year growth: 1%
- 2025 growth forecast: 3.5%
14. Cleveland
- Zillow Home Value Index: $228,140
- Year-over-year growth: 6.4%
- 2025 growth forecast: 2.8%
Also See: How Far $750,000 in Retirement Savings Plus Social Security Goes in Every State
13. Virginia Beach, Virginia
- Zillow Home Value Index: $349,186
- Year-over-year growth: 4.6%
- 2025 growth forecast: 2.5%
12. Columbus, Ohio
- Zillow Home Value Index: $310,746
- Year-over-year growth: 3.8%
- 2025 growth forecast: 3.1%
11. Cincinnati
- Zillow Home Value Index: $281,887
- Year-over-year growth: 4.6%
- 2025 growth forecast: 2.9%
10. Salt Lake City
- Zillow Home Value Index: $543,324
- Year-over-year growth: 2.8%
- 2025 growth forecast: 2.3%
9. Richmond, Virginia
- Zillow Home Value Index: $268,957
- Year-over-year growth: 4.1%
- 2025 growth forecast: 2.9%
Learn More: Here’s the Cost of Living in Every State
8. Kansas City, Missouri
- Zillow Home Value Index: $299,118
- Year-over-year growth: 3.8%
- 2025 growth forecast: 2.7%
7. Charlotte, North Carolina
- Zillow Home Value Index: $377,450
- Year-over-year growth: 1.6%
- 2025 growth forecast: 3.2%
6. St. Louis
- Zillow Home Value Index: $250,141
- Year-over-year growth: 4.2%
- 2025 growth forecast: 1.9%
5. Philadelphia
- Zillow Home Value Index: $362,744
- Year-over-year growth: 4.6%
- 2025 growth forecast: 2.6%
Read More: Here’s How Much You Need To Earn To Be ‘Rich’ in Every State
4. Hartford, Connecticut
- Zillow Home Value Index: $363,298
- Year-over-year growth: 6.5%
- 2025 growth forecast: 4.2%
3. Providence, Rhode Island
- Zillow Home Value Index: $484,019
- Year-over-year growth: 6.7%
- 2025 growth forecast: 3.7%
2. Indianapolis
- Zillow Home Value Index: $275,639
- Year-over-year growth: 3.6%
- 2025 growth forecast: 3.4%
1. Buffalo, New York
- Zillow Home Value Index: $260,537
- Year-over-year growth: 5.7%
- 2025 growth forecast: 2.8%
More From GOBankingRates
- 5 Subtly Genius Moves All Wealthy People Make With Their Money
- 4 Unusual Ways To Make Extra Money That Actually Work
- 3 Ways a Balance Transfer Helps You Manage Debt (And How Much it Could Save You)
- 4 SUVs That Will Have Massive Price Drops in Early 2025
This article originally appeared on GOBankingRates.com: Housing Forecast for the 50 Largest Metros, According to Zillow
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
