Keep These Housing Markets on Your Radar in 2020

Posted on Dec 18 2019 - 8:44am by Suzanne De Vita

If you plan on buying in the Carolinas or Tennessee in the upcoming year, you'll be competing in the hottest housing markets in the U.S., according to a new® report.



  1. Boise, Idaho
  2. McAllen-Edinburg-Mission, Texas
  3. Tucson, Ariz.
  4. Chattanooga, Tenn.
  5. Columbia, S.C.
  6. Rochester, N.Y.
  7. Colorado Springs, Colo.
  8. Winston-Salem, N.C.
  9. Charleston-North Charleston, S.C.
  10. Memphis, Tenn.

In the ranking, North Carolina, South Carolina and Tennessee claim five of the top 10 spots. In 2020, the hottest housing markets share specific traits, researchers say: demand from neighboring regions, and demographically-driven newcomers. In Chattanooga, for instance, demand from Nashville's spilling in, while in Charleston, demand's driven from retirees.

"Many of the markets on this year's list are late bloomers in the current housing cycle, meaning they still have plenty of inventory and prices are within reach—a rare combination in recent years," explains George Ratiu, senior economist.

"Additionally, a number of the top markets in 2020 are welcoming an influx of buyers from nearby large cities that have become crowded, expensive and lack sufficient inventory," Ratiu says. "Half of this year's top 10 are millennial markets and the other half are being driven by retirees and mid-lifers leaving more expensive coastal cities."

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4 Comments so far. Feel free to join this conversation.

  1. Francis December 20, 2019 at 12:43 am -

    This is definitely very helpful information for me who is looking to diversify my business portfolio and beef up my investment properties. Thank you for the information.

  2. james kurtz December 20, 2019 at 9:25 am -

    hi – we’ve done it – Kept Atlanta as the Secret of the South ! Great Jobs, Good Wages, Wonderful People, Awesome Topography, working on the K-12 Education and Transportation Infrastructure systems – making good progress. We have enough people so go to the other places , though if you do need to relocate here or are moving away – Call me Jim Kurtz @ – 770-662-2106

  3. Joaquin Suarez Garcia December 20, 2019 at 3:39 pm -

    So happy to live in number 8 choice. Awesome sweet spot for 2020 market, keep the market rolling! And God bless you.

  4. Marilyn Stewart December 28, 2019 at 2:16 pm -

    What is it that is sending folks to Rochester, NY? That is my old hometown area…. It used to be Kodak, IBM, What draws folks today?