With the median existing-home price up a record 23.6% compared to last year, the personal-finance website WalletHub today released its report on 2021’s Best Real-Estate Markets, as well as accompanying videos and expert commentary.
To determine the most attractive real-estate markets in the U.S., WalletHub compared 300 cities across 18 key metrics. The data set ranges from median home-price appreciation to job growth.
|Best Real-Estate Markets||Worst Real-Estate Markets|
|1. Frisco, TX||291. Bridgeport, CT|
|2. Austin, TX||292. Waterbury, CT|
|3. Gilbert, AZ||293. New Orleans, LA|
|4. McKinney, TX||294. Springfield, IL|
|5. Denton, TX||295. Montgomery, AL|
|6. Allen, TX||296. St. Louis, MO|
|7. Durham, NC||297. Miami Beach, FL|
|8. Reno, NV||298. Baton Rouge, LA|
|9. Roseville, CA||299. Shreveport, LA|
|10. Nashville, TN||300. Hartford, CT|
Best vs. Worst
- Daly and San Mateo, California, have the lowest share of seriously underwater mortgages, 0.92 percent, which is 20.7 times lower than in Norfolk, Virginia, the city with the highest at 19.03 percent.
- Centennial, Colorado, has the lowest vacancy rate, 2.10 percent, which is 17.6 times lower than in Miami Beach, Florida, the city with the highest at 37.00 percent.
- Toledo, Ohio, has the lowest home price as a share of income, 105.73 percent, which is 19.2 times lower than in Santa Barbara, California, the city with the highest at 2,029.46 percent.
To view the full report and your city’s rank, please visit: https://wallethub.com/edu/best-real-estate-markets/14889