Zillow Predicts 2025's Top Real Estate Markets

Zillow predicts that Buffalo, New York, will be the hottest real estate market in 2025, with Indianapolis expected to see a 3.4% price increase and notable job growth at 9.3%. San Diego ranks 19th, facing a competitive market due to limited housing inventory, while Richmond is expected to excel as a top market due to remote worker demand. Memphis and Chicago have fallen in rankings because of slower growth in home values and increased new home permitting, respectively. Mortgage rate fluctuations remain a concern across all markets, impacting affordability and buyer options. The report highlights emerging opportunities in these markets, despite ongoing affordability challenges.