The Top 3 Housing Markets Expected to Grow in 2025

15% ROI, 5% down loans!”,”body”:”3.99% rate, 5% down! Access the BEST deals in the US at below market prices! Txt REI to 33777 “,”linkURL”:”https://landing.renttoretirement.com/og-turnkey-rental?hsCtaTracking=f847ff5e-b836-4174-9e8c-7a6847f5a3e6%7C64f0df50-1672-4036-be7b-340131b43ea4″,”linkTitle”:”Contact Us Today!”,”id”:”65a6b25c5d4b6″,”impressionCount”:”1135471″,”dailyImpressionCount”:”5734″,”impressionLimit”:”1500000″,”dailyImpressionLimit”:”8476″,”r720x90″:”https://www.biggerpockets.com/blog/wp-content/uploads/2024/01/720×90.jpg”,”r300x250″:”https://www.biggerpockets.com/blog/wp-content/uploads/2024/01/300×250.jpg”,”r300x600″:”https://www.biggerpockets.com/blog/wp-content/uploads/2024/01/300×600.jpg”,”r320x50″:”https://www.biggerpockets.com/blog/wp-content/uploads/2024/01/320×50.jpg”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”CV3 Financial”,”description”:”2″,”imageURL”:”https://www.biggerpockets.com/blog/wp-content/uploads/2024/07/Logo-512×512-1.png”,”imageAlt”:””,”title”:”2″,”body”:”2″,”linkURL”:”https://cv3financial.com/financing-biggerpockets/?utm_source=biggerpockets&utm_medium=website&utm_campaign=august&utm_term=bridge&utm_content=banner”,”linkTitle”:””,”id”:”66a7f395244ed”,”impressionCount”:”282686″,”dailyImpressionCount”:”2994″,”impressionLimit”:”636364″,”dailyImpressionLimit”:”4187″,”r720x90″:”https://www.biggerpockets.com/blog/wp-content/uploads/2024/07/CV3-720×90-1.png”,”r300x250″:”https://www.biggerpockets.com/blog/wp-content/uploads/2024/07/CV3-300×250-1.png”,”r300x600″:”https://www.biggerpockets.com/blog/wp-content/uploads/2024/07/CV3-300×600-1.png”,”r320x50″:”https://www.biggerpockets.com/blog/wp-content/uploads/2024/07/CV3-320×50-1.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”2″,”description”:”2″,”imageURL”:”https://www.biggerpockets.com/blog/wp-content/uploads/2024/08/REI-Nation-Logo.png”,”imageAlt”:””,”title”:”2″,”body”:”2″,”linkURL”:”https://hubs.ly/Q02LzKH60″,”linkTitle”:””,”id”:”66c3686d52445″,”impressionCount”:”291738″,”dailyImpressionCount”:”2657″,”impressionLimit”:”500000″,”dailyImpressionLimit”:”6173″,”r720x90″:”https://www.biggerpockets.com/blog/wp-content/uploads/2024/08/REI-Nation-X-BP-Blog-Ad-720×90-1.png”,”r300x250″:”https://www.biggerpockets.com/blog/wp-content/uploads/2024/08/REI-Nation-X-BP-Blog-Ad-300×250-1.png”,”r300x600″:”https://www.biggerpockets.com/blog/wp-content/uploads/2024/08/REI-Nation-X-BP-Blog-Ad-300×600-1.png”,”r320x50″:”https://www.biggerpockets.com/blog/wp-content/uploads/2024/08/REI-Nation-X-BP-Blog-Ad-320×50-1.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”RESimpli”,”description”:”2″,”imageURL”:”https://www.biggerpockets.com/blog/wp-content/uploads/2025/01/Color-Icon-512×512-01.png”,”imageAlt”:””,”title”:”2″,”body”:”2″,”linkURL”:”https://resimpli.com/biggerpockets?utm_source=bigger_pockets&utm_medium=blog_banner_ad&utm_campaign=biggerpockets_blog”,”linkTitle”:””,”id”:”679d0047690e1″,”impressionCount”:”89258″,”dailyImpressionCount”:”2232″,”impressionLimit”:”600000″,”dailyImpressionLimit”:”3315″,”r720x90″:”https://www.biggerpockets.com/blog/wp-content/uploads/2025/01/720×90-2.png”,”r300x250″:”https://www.biggerpockets.com/blog/wp-content/uploads/2025/01/300×250-2.png”,”r300x600″:”https://www.biggerpockets.com/blog/wp-content/uploads/2025/01/300×600-2.png”,”r320x50″:”https://www.biggerpockets.com/blog/wp-content/uploads/2025/01/320×50-2.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”Rent to Retirement”,”description”:”2″,”imageURL”:”https://www.biggerpockets.com/blog/wp-content/uploads/2025/02/Logo_whtborder_SMALL-2.png”,”imageAlt”:””,”title”:”2″,”body”:”2″,”linkURL”:”https://landing.renttoretirement.com/og-turnkey-rental?hsCtaTracking=f847ff5e-b836-4174-9e8c-7a6847f5a3e6%7C64f0df50-1672-4036-be7b-340131b43ea4″,”linkTitle”:””,”id”:”67a136fe75208″,”impressionCount”:”100790″,”dailyImpressionCount”:”2409″,”impressionLimit”:”3000000″,”dailyImpressionLimit”:”9010″,”r720x90″:”https://www.biggerpockets.com/blog/wp-content/uploads/2025/02/720×90.jpg”,”r300x250″:”https://www.biggerpockets.com/blog/wp-content/uploads/2025/02/300×250.jpg”,”r300x600″:”https://www.biggerpockets.com/blog/wp-content/uploads/2025/02/300×600.jpg”,”r320x50″:”https://www.biggerpockets.com/blog/wp-content/uploads/2025/02/320×50.jpg”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”Fundrise”,”description”:”2″,”imageURL”:”https://www.biggerpockets.com/blog/wp-content/uploads/2025/02/512×512.png”,”imageAlt”:””,”title”:”2″,”body”:”2″,”linkURL”:”https://fundrise.com/campaigns/fund/flagship?utm_medium=podcast&utm_source=biggerpockets&utm_campaign=podcast-biggerpockets-2024&utm_content=REbanners”,”linkTitle”:””,”id”:”67a66e2135a2d”,”impressionCount”:”82882″,”dailyImpressionCount”:”1924″,”impressionLimit”:”1000000″,”dailyImpressionLimit”:”3049″,”r720x90″:null,”r300x250″:”https://www.biggerpockets.com/blog/wp-content/uploads/2025/02/Fundrise-300×250-1.png”,”r300x600″:”https://www.biggerpockets.com/blog/wp-content/uploads/2025/02/Fundrise-300×600-1.png”,”r320x50″:null,”r720x90Alt”:null,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:null},{“sponsor”:”Equity Trust”,”description”:”2″,”imageURL”:”https://www.biggerpockets.com/blog/wp-content/uploads/2025/01/1631355119223.jpeg”,”imageAlt”:””,”title”:”2″,”body”:”2″,”linkURL”:false,”linkTitle”:””,”id”:”67acbad06898b”,”impressionCount”:”2″,”dailyImpressionCount”:0,”impressionLimit”:”2″,”dailyImpressionLimit”:”2″,”r720x90″:null,”r300x250″:null,”r300x600″:null,”r320x50″:null,”r720x90Alt”:null,”r300x250Alt”:null,”r300x600Alt”:null,”r320x50Alt”:null},{“sponsor”:”Realbricks”,”description”:”2″,”imageURL”:”https://www.biggerpockets.com/blog/wp-content/uploads/2025/03/ga8i9pqnzwmwkjxsmpiu.webp”,”imageAlt”:””,”title”:”2″,”body”:”2″,”linkURL”:” https://realbricks.com?utm_campaign=9029706-BiggerPockets&utm_source=blog&utm_medium=banner_ad”,”linkTitle”:””,”id”:”67c5c41926c9f”,”impressionCount”:”83023″,”dailyImpressionCount”:”2839″,”impressionLimit”:”500000″,”dailyImpressionLimit”:”5556″,”r720x90″:”https://www.biggerpockets.com/blog/wp-content/uploads/2025/03/Blog-Banner-720×90-2.png”,”r300x250″:”https://www.biggerpockets.com/blog/wp-content/uploads/2025/03/Blog-Banner-300×250-1.png”,”r300x600″:”https://www.biggerpockets.com/blog/wp-content/uploads/2025/03/Blog-Banner-300×600-1.png”,”r320x50″:”https://www.biggerpockets.com/blog/wp-content/uploads/2025/03/Blog-Banner-320×50-1.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””}])”>

In This Article

On this evaluation, I didn’t wish to embrace markets which might be nonetheless rising and already on everybody’s radar, like Boise, Idaho; Raleigh, North Carolina; and, in fact, Austin, Texas. As an alternative, I needed to function much less common markets which might be nonetheless experiencing robust job, revenue, inhabitants, and family progress—all metrics that time to a market with nice underlying fundamentals.

Out-of-state buyers simply on the lookout for money circulation could wish to see the prime three money circulation markets in 2025. In any other case, if you happen to’re right here to search for markets with stronger appreciation potential, hold studying.

1. St. George, Utah

Metrics:

Median worth: $516,300

Median lease: $2,148

Hire-to-price ratio: 0.42%

5-year job progress: 24.79%

Median revenue: $49,223

Unemployment charge: 3.3%

Metro inhabitants: 189,827

The job progress in St. George is spectacular, nevertheless it’s additionally the smallest market on this record. The market incorporates a school, is near Zion Nationwide Park, and is a well-liked place for retirees.

This could also be a cause why the median revenue is the bottom on this record: Faculty children and retirees normally make much less reported revenue than these in the course of their careers. Regardless, there’s robust demand and restricted provide for this market, pushing up costs.

This brings us to what I take into account the principle downside for this market: the excessive median worth. This might be a barrier to most new buyers attempting to get their foot within the door and discover money circulation (though there’s a good appreciation argument for investing right here).

Transferring ahead, the next markets may have a decrease median worth level and better inhabitants.

2. Huntsville, Alabama

Metrics:

Median worth: $338,100

Median lease: $1,766

Hire-to-price ratio: 0.52%

5-year job progress: 16.35%

Median revenue: $71,846

Unemployment charge: 2.9%

Metro inhabitants: 504,712

Huntsville is an industrial house to navy protection and aerospace. The Cummings Analysis Park (CRP) can also be situated right here and is the second-largest analysis park in america. There are additionally a variety of Fortune 500 firms with operations within the space.

The financial system retains rising right here, and so does the median revenue, which implies house costs are prone to hold rising. So, is there any downside?

For buyers, the reply is perhaps. The multifamily emptiness charge is at a report excessive of 18% (CoStar), whereas the general emptiness charge (consists of each multifamily and single-family) is 7% (U.S. Census).

Whereas there’s very robust demand, the metro space has carried out an important job at conserving provide up. This makes house costs rise slower, which is nice for renters and aspiring owners alike. It means your actual property will respect slower than in a spot like St. George.

You may additionally like

3. Greenville, South Carolina

Metrics:

Median worth: $328,300

Median lease: $1,624

Hire-to-price ratio: 0.49%

5-year job progress: 9.63%

Median revenue: $59,602

Unemployment charge: 3.8%

Metro inhabitants: 945,301

Greenville is situated between the Atlanta and Charlotte metropolitan areas (or “Charlanta,” because the megaregion known as) and can doubtless proceed to learn from the excessive progress of these areas.

The financial system in Greenville is pushed principally by manufacturing and logistics, with the monetary actions sector additionally seeing robust progress, which helps to diversify the realm.

As a tertiary (however still-growing) market, you’re prone to face much less competitors from different buyers than you’d in different extra common markets within the Piedmont Atlantic megaregion like Atlanta or Charlotte.

Honorable Point out: The Birmingham, Alabama, Suburbs

Metrics:

Median worth: $252,500

Median lease: $1,607

Hire-to-price ratio: 0.64%

5-year job progress: 3.55%

Median revenue: $59,509

Unemployment charge: 3.2%

Metro inhabitants: 1,181,432

I debated together with Birmingham on this record as a result of its decrease five-year job progress (in comparison with different high-growth cities). Nevertheless, it has a excessive rent-to-price ratio, a comparatively excessive median revenue, and a low unemployment charge, and is some of the inexpensive metropolitan areas in america. This appeared like a superb trade-off to me.

And it’s not like the realm isn’t rising; the manufacturing, logistics, finance, training, and well being companies industries proceed to develop right here.

So what in regards to the metropolis of Birmingham’s inhabitants loss? Whereas the general area is including jobs, it seems that individuals have a behavior of leaving the inside metropolis of Birmingham for the outer suburbs (that are experiencing inhabitants progress), akin to:

Vance, which is house to the one Mercedes-Benz plant in North America,

McCalla, a detailed 25-minute drive southwest of downtown, and

Gardendale is a good nearer 20-minute drive north.

The affordability of this market will doubtless drive extra progress into the area, particularly for many who wish to escape the rising shelter prices in Nashville or Atlanta however nonetheless wish to stay (and work) in a metropolis.

If you happen to’d wish to see new building houses on the market (that pencil with strong money circulation), Hire to Retirement is presently promoting properties within the progress submarkets of Birmingham, just like the Vance, McCalla, and Gardendale suburbs.