A new report from Realtor.com shows many of the top housing markets going into 2022 will be tech hubs in the Mountain West and the Midwest. Experts say these areas have strong economies, low unemployment rates, and considerable job growth.In the report, Realtor.com analyzed the expected growth of home sales and prices in 2022 and compared them with the year before in the nation’s 100 largest metropolitan areas. Factors included previous sale prices and the number of sales; the amount of new construction; and previous and anticipated economic, household, and income growth.The Associated Press contributed to this report.
Average Listing Price:The average listing price for the projected hottest housing markets for 2022 reported an average listing price of $431,000 in November, well above the national median price of $379,000. These cities offer more options for those moving in than other big metropolitan areas like New York and San Francisco, the report explains.
The top housing markets for 2022 are:
- Salt Lake City, Utah
- Boise, Idaho
- Spokane-Spokane Valley, Washington
- Indianapolis-Carmel-Anderson, Indiana
- Columbus, Ohio
- Providence-Warwick, Rhode Island-Massachusetts
- Greenville-Anderson-Mauldin, South Carolina
- Seattle-Tacoma-Bellevue, Washington
- Worcester, Massachusetts-Connecticut
- Tampa-St. Petersburg-Clearwater, Florida