The 10 Hottest U.S. Housing Markets of 2018
Did your city make the cut?
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What Makes 'Em Hot, Anyways?
The U.S. housing market is on fire — in a good way. conducted a study to observe which U.S. metropolitan-area housing markets are estimated to scorch the rest in 2018. The variables used to predict the overall "hotness factor" are as follows: Zillow’s Home Value and Rent Forecast (i.e. the predicted increase in property value over the next year), income and population growth, current unemployment rates and the number of job openings per person via data from . Click through to find out if your city made the cut.
10: Dallas, Texas
Dallas, Texas comes in hot for the tenth-hottest housing market. This sought-after city boasts an average annual income of $63,812, home value is predicted to increase 4.7 percent over the next year, and 142,084 job opportunities are available, to boot.
9: Portland, Oregon
Portland keeps things weird, but it seems to be working for them. The average annual income is about $60k, the home value forecast is 3.7 percent and there are 44,845 jobs up for the taking.
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8: Nashville, Tennessee
The masses are moving to Music City and it’s easy to see why. Nashville’s housing market is almost as hot as their mouth-watering hot chicken. The annual average income is about $60k, the home value forecast is 3.8 percent and there are over 38,257 jobs up for grabs.
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7: Denver, Colorado
Denver decks the competition, sliding into seventh-hottest housing market spot in the country. The average annual household income is almost $72k, the home value forecast is 3.0 percent and there are 81,479 job openings available.
6: Austin, Texas
This trendy Texas city ranks sixth-hottest housing market in the United State. Austin proves to be the "it" spot for young professionals and start-ups. The home value forecast is 3.3 percent, there are 47k+ job openings and the annual Austin household pulls in $71,000. Not too shabby, eh?
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5: San Francisco, California
Let’s face it: the San Francisco Bay is BAE. The high-end housing market continues to reign as one of the top in the country, with an average annual income of $97,677, a home value forecast of 3.8 percent and 137,073 job openings.
4: Charlotte, North Carolina
The Queen City is prime picking for putting down your southern roots. This gem has an average annual income of $59,979, a home value forecast of 4.0 percent and nearly 50k job openings for Charlotteans.
3: Seattle, Washington
Are we really surprised that the motherland of Starbucks is predicted to have a hot, steamy housing market? The mocha-mecca boasts an average annual income of $78,612, home value forecast of 5.4 percent and over 100k job openings across the city.
2: Raleigh, North Carolina
Raleigh is home to N.C. State, some of the nation's most brilliant minds and the second hottest housing market in the country. An average annual income of $71,685, home value forecast of 3.7 percent and nearly 30k job openings earn this college town its silver medal.
1: San Jose, California
The hottest-of-the-hot, number one spot goes to the housing market in San Jose, California. Numbers don’t lie, people! Sunny San Jose boasts an average household income of $110,040, 70k job openings and home value is expected to increase 8.9 percent over the upcoming year!