- Boise, Idaho
- McAllen-Edinburg-Mission, Texas
- Tucson, Ariz.
- Chattanooga, Tenn.
- Columbia, S.C.
- Rochester, N.Y.
- Colorado Springs, Colo.
- Winston-Salem, N.C.
- Charleston-North Charleston, S.C.
- 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, realtor.com 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 reachâ€”a rare combination in recent years," explainsÂ George Ratiu, realtor.com 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."
For more information, please visit www.realtor.com.