Where to Buy Your First (or Next) Property 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”:”1255109″,”dailyImpressionCount”:”2850″,”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”:”Premier Property Management”,”description”:”Stress-Free Investments”,”imageURL”:”https://www.biggerpockets.com/blog/wp-content/uploads/2024/02/PPMG-Logo-2-1.png”,”imageAlt”:””,”title”:”Low Vacancy, High-Profit”,”body”:”With $2B in rental assets managed across 13 markets, weu0027re the top choice for turnkey investors year after year.”,”linkURL”:”https://info.reination.com/get-started-bp?utm_campaign=Bigger%20Pockets%20-%20Blog%20B[u2026]24percent7C&utm_source=Biggerpercent20Pockets&utm_term=Biggerpercent20Pockets”,”linkTitle”:”Schedule a Name Right now”,”id”:”65d4be7b89ca4″,”impressionCount”:”841004″,”dailyImpressionCount”:”1972″,”impressionLimit”:”878328″,”dailyImpressionLimit”:”2780″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-X-BP-Weblog-Advert-720×90-1.png”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-X-BP-Weblog-Advert-300×250-1.png”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-X-BP-Weblog-Advert-300×600-1.png”,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-X-BP-Weblog-Advert-320×50-1.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”Middle Avenue Lending”,”description”:”2″,”imageURL”:null,”imageAlt”:null,”title”:”2″,”physique”:”2″,”linkURL”:”https://centerstreetlending.com/bp/”,”linkTitle”:””,”id”:”664ce210d4154″,”impressionCount”:”542756″,”dailyImpressionCount”:”1911″,”impressionLimit”:”600000″,”dailyImpressionLimit”:”2655″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/05/CSL_Blog-Ad_720x90-1.png”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/05/CSL_Blog-Ad_300x250-2.png”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/05/CSL_Blog-Ad_300x600-2.png”,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/05/CSL_Blog-Ad_320x50.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”CV3 Monetary”,”description”:”2″,”imageURL”:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/07/Emblem-512×512-1.png”,”imageAlt”:””,”title”:”2″,”physique”:”2″,”linkURL”:”https://cv3financial.com/financing-biggerpockets/?utm_source=biggerpockets&utm_medium=web site&utm_campaign=august&utm_term=bridge&utm_content=banner”,”linkTitle”:””,”id”:”66a7f395244ed”,”impressionCount”:”345605″,”dailyImpressionCount”:”1732″,”impressionLimit”:”636364″,”dailyImpressionLimit”:”4187″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/07/CV3-720×90-1.png”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/07/CV3-300×250-1.png”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/07/CV3-300×600-1.png”,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/07/CV3-320×50-1.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”2″,”description”:”2″,”imageURL”:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-Emblem.png”,”imageAlt”:””,”title”:”2″,”physique”:”2″,”linkURL”:”https://hubs.ly/Q02LzKH60″,”linkTitle”:””,”id”:”66c3686d52445″,”impressionCount”:”346862″,”dailyImpressionCount”:”1520″,”impressionLimit”:”500000″,”dailyImpressionLimit”:”6173″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-X-BP-Weblog-Advert-720×90-1.png”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-X-BP-Weblog-Advert-300×250-1.png”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-X-BP-Weblog-Advert-300×600-1.png”,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-X-BP-Weblog-Advert-320×50-1.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”RESimpli”,”description”:”2″,”imageURL”:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/Coloration-Icon-512×512-01.png”,”imageAlt”:””,”title”:”2″,”physique”:”2″,”linkURL”:”https://resimpli.com/biggerpockets?utm_source=bigger_pockets&utm_medium=blog_banner_ad&utm_campaign=biggerpockets_blog”,”linkTitle”:””,”id”:”679d0047690e1″,”impressionCount”:”141203″,”dailyImpressionCount”:”1352″,”impressionLimit”:”600000″,”dailyImpressionLimit”:”3315″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/720×90-2.png”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/300×250-2.png”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/300×600-2.png”,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/320×50-2.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”Lease to Retirement”,”description”:”2″,”imageURL”:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/Logo_whtborder_SMALL-2.png”,”imageAlt”:””,”title”:”2″,”physique”:”2″,”linkURL”:”https://touchdown.renttoretirement.com/og-turnkey-rental?hsCtaTracking=f847ff5e-b836-4174-9e8c-7a6847f5a3e6percent7C64f0df50-1672-4036-be7b-340131b43ea4″,”linkTitle”:””,”id”:”67a136fe75208″,”impressionCount”:”153554″,”dailyImpressionCount”:”1463″,”impressionLimit”:”3000000″,”dailyImpressionLimit”:”9010″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/720×90.jpg”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/300×250.jpg”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/300×600.jpg”,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/320×50.jpg”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”Fundrise”,”description”:”2″,”imageURL”:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/512×512.png”,”imageAlt”:””,”title”:”2″,”physique”:”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”:”129266″,”dailyImpressionCount”:”1300″,”impressionLimit”:”1000000″,”dailyImpressionLimit”:”3049″,”r720x90″:null,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/Fundrise-300×250-1.png”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/Fundrise-300×600-1.png”,”r320x50″:null,”r720x90Alt”:null,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:null},{“sponsor”:”Fairness Belief”,”description”:”2″,”imageURL”:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/1631355119223.jpeg”,”imageAlt”:””,”title”:”2″,”physique”:”2″,”linkURL”:null,”linkTitle”:null,”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/weblog/wp-content/uploads/2025/03/ga8i9pqnzwmwkjxsmpiu.webp”,”imageAlt”:””,”title”:”2″,”physique”:”2″,”linkURL”:” https://realbricks.com?utm_campaign=9029706-BiggerPockets&utm_source=weblog&utm_medium=banner_ad”,”linkTitle”:””,”id”:”67c5c41926c9f”,”impressionCount”:”135671″,”dailyImpressionCount”:”1496″,”impressionLimit”:”500000″,”dailyImpressionLimit”:”5556″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/03/Weblog-Banner-720×90-2.png”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/03/Weblog-Banner-300×250-1.png”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/03/Weblog-Banner-300×600-1.png”,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/03/Weblog-Banner-320×50-1.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””}])”>

In This Article

In case you’re fascinated with stepping into actual property—or increasing your portfolio—2025 is likely to be your 12 months. And in case you dwell in an costly metropolis, you’ve in all probability thought-about investing out of state (OOS). However with a lot noise available in the market, the most important query stays: The place must you truly purchase?

Whether or not you’re a first-time investor searching for money movement or a seasoned purchaser looking for appreciation, understanding the place to focus your search could make or break your returns. We’ll cowl the very best markets to look at in 2025—backed by actual knowledge and the funding fundamentals you’ve come to anticipate from BiggerPockets.

Let me briefly state that I search for markets which have optimistic job progress above all else. This is as a result of American cities have traditionally been constructed on prime of a basis of commerce. The extra companies are interested in an space, the extra workforce will flock to the world, which then attracts extra companies, and so forth, making a optimistic community impact that continues to create progress (the alternative can be true as nicely, which might lead to what we noticed occur to Detroit).

And if a market doesn’t have as stable progress metrics general, it higher be reasonably priced and have loads of alternatives for money movement. Excessive-growth markets often aren’t as reasonably priced, making a trade-off between straightforward money movement and potential for appreciation.

It’s best to determine forward of time whether or not you’re searching for straightforward money movement, can afford to play the lengthy recreation in progress markets, or are prepared to spend money on “hybrid” markets (which embody prospects for future progress and respectable appreciation whereas nonetheless having an reasonably priced worth level).

With that out of the best way, let’s dive into the primary market.

Appreciation Market: Raleigh-Durham, NC

Our first market is Raleigh, NC. This graph reveals the metro’s median revenue progress:

Why highlight median revenue? As a result of it’s a variable most correlated with worth progress (moreover complete or workplace employment). This ought to make sense: As individuals are paid extra, they’ve more cash to bid on a home, which might drive up costs if there isn’t sufficient provide.

Market metrics:

Median worth: $474,000

Median hire: $2,021

Lease-to-price ratio: 0.43%

5-year job progress: 14.7%

Median revenue: $62,961

One-year worth forecast*: 2.4%

*One-year worth forecast, in line with our knowledge associate HouseCanary

A key issue influencing Raleigh’s progress is the Analysis Triangle, which contains three faculties that provide a excessive variety of STEM levels (that means the workforce is educated). It additionally incorporates the Triangle Analysis Park, the largest analysis park in the US. Oh, and the state of North Carolina is decreasing its company revenue tax fee to 0% by 2030.

Right here’s what I wrote on why I feel North Carolina is the following growth state.

Whereas the Raleigh metro remains to be cheaper than different high-growth markets like Boise, ID, and Salt Lake Metropolis, UT, it nonetheless is likely to be out of attain for first-time traders, so I’ll be protecting extra reasonably priced metros.

Hybrid Market: Indianapolis, IN

Subsequent is the Indianapolis, IN metro. I’ve mapped job progress to tell apart it from different in style Midwest markets (Indy has extra job progress than even Columbus, OH):

You’ll discover within the graph that there’s a dip yearly in January. As a result of logistics contains a big portion of the workforce, as soon as the vacation season is over, the metro experiences a seasonal drop in employment earlier than rising all through the remainder of the 12 months.

You may additionally like

Market metrics:

Median worth: $270,000

Median hire: $1,759

Lease-to-price ratio: 0.65%

5-year job progress: 7.3%

Median revenue: $58,146

One-year worth forecast: 3.6%

In case you’d wish to be taught extra about Indianapolis, right here’s an Indy deep dive I wrote on the very best neighborhoods to spend money on. However if you’re pressed for time, simply know there’s sturdy progress occurring round the northeast space of the metro (akin to Carmel and Fishers).

Hybrid Market: Kansas Metropolis, MO

Whereas Kansas Metropolis, MO has stable job progress and median revenue, I wished to focus on a special metric that has been enhancing over the previous decade: emptiness fee.

The emptiness fee can be thought of as the connection between the entire variety of items and the variety of vacant items. Stated in another way, the upper the emptiness fee, the decrease the demand for housing relative to provide. And a declining emptiness fee means the alternative: an elevated demand for housing.

This is what we see taking place with Kansas Metropolis. They only aren’t constructing quicker than family progress.

Market metrics:

Median worth: $332,000

Median hire: $1,963

Lease-to-price ratio: 0.59%

5-year job progress: 3.6%

Median revenue: $56,902

One-year worth forecast: 5.8%

You would possibly be capable to discover glorious funding alternatives in suburbs akin to Overland Park, Olathe, and Prairie Village.

Money Stream Market: Memphis, TN

Now that I’ve lined an appreciation market and two hybrid markets, I’ll wrap up by protecting a well-liked money movement market.

In Memphis, TN, the money movement is powerful, however it’s best to be conscious when choosing neighborhoods—some blocks will have excessive crime, whereas different neighborhoods will probably be a lot safer and expertise larger appreciation. It’s greatest to work with boots-on-the-ground professionals on this market, whether or not with investor-friendly actual property brokers and property managers or turnkey professionals who focus on buying and managing cash-flowing properties, like Lease to Retirement.

The opposite excellent news is that the market remains to be appreciating general:

Market metrics:

Median worth: $246,600 (utilizing HouseCanary knowledge, not U.S. Census)

Median hire: $1,597

Lease-to-price ratio: 0.65%

5-year job progress: 0%

Median revenue: $54,464

One-year worth forecast: 3.7%

Memphis can be one of many largest logistics hubs in the US. White-collar jobs aren’t as bountiful right here, however blue-collar jobs are at all times in demand.

Need Assist Shopping for Your First Out-of-State Property?

If constructing a staff, selecting the correct neighborhood, searching for offers, strolling by way of homes on the market, coping with contractors, and managing the property appears overwhelming to you, you don’t must do it alone. Lease to Retirement gives turnkey funding properties that may money movement from Day 1. Take a have a look at their present listing of cash-flowing offers on the market right here.