13 Hot Markets for Home Sellers
Which are the hottest markets for sellers? Fresno, Seattle, Denver, Sacramento, and others are the top U.S. markets for home sellers in 2021.
Considering selling your home? If you live in one of these leading markets for home sellers, the market activity is in your favor this year.
Here are the Top Markets for Home Sellers in 2021
Let’s count down the thirteen hottest markets for home sellers in 2021, rated based on RocketMortgage’s recent survey paired with real estate and population data from the U.S. Census Bureau.
#13. Fresno, CA
Known as one of California’s most highly competitive markets, Fresno is a strong candidate for being one of the top markets for home sellers in 2021. With median home values at $242,000 and 17.4% market growth this year, Fresno is expected to perform favorably for the rest of the year.
#12. Bridgeport, CT
Bridgeport’s growth is expected to reach 17.5% this year alongside rising home values from the median of $174,700. With modest population growth of 0.1% between 2010 and 2019, this local market is set to favor sellers as buyer demand gains momentum.
#11. Columbus, OH
Columbus is one of the more affordable cities on the list with median home values of $151,600. The local market is expected to grow by 17.9% in 2021 as buyer activity picks up. The population grew by 13.9% between 2010 and 2019 as new residents were attracted to the local job market, making it a strong market for sellers in 2021.
#10. Riverside, CA
Riverside's median home values are at $365,300, making it one of the more affordable regions of Southern California.
The market is set to grow by 17.9% this year as more buyers choose to move into the area coupled with current residents relocating. Riverside’s population grew by 9% in the last ten years, making it one of California’s up-and-coming markets for home sellers.
#9. Denver, CO
Denver’s market is expected to grow by a staggering 179% in 2021, with median home values increasing to $390,600.
Buyers are attracted to the area’s unique blend of metropolitan and natural amenities. The city’s population is expected to continue increasing beyond the 21.2% growth experienced between 2010 and 2019.
#8. Oxnard, CA
Properties in the popular California beach town Oxnard are listed with a median home value of $453,900. The local market is projected to see 18% growth as the population continues to uptick. Between 2010 and 2019, the population grew by 5.5% as more buyers flocked to the metro.
#7. Harrisburg, PA
Harrisburg is one of the most affordable markets on the list with a median home value of $80,800. The population has actually decreased by 0.5% between 2010 and 2019, but the area is still favorable to sellers as the market is anticipated to grow by 18.2% this year.
#6. Phoenix, AZ
Phoenix's population has increased by 16.2% in the last decade as more people are attracted to the area’s sunny climate, outdoor access, and renowned culture. The median home value in Phoenix in 2021 is $235,400 with market growth of 18.4%.
#5. Seattle, WA
Seattle is fifth on the list of best markets for home sellers in 2021. The area’s median home value is $663,100 with a whopping population increase of 23.8% from 2010 to 2019. Combined market growth for the region is projected at 18.6%.
#4. Boise, ID
Boise is known for its affordability and access to metropolitan amenities, like entertainment, dining, and outdoor recreation.
The area’s combined market growth is set to reach 19.8%, with median home values standing at $253,400. In the last ten years, the population has grown by 9.3% signaling more people moving into the region.
#3. Charlotte, NC
Charlotte’s market growth for 2021 is anticipated to reach 19% by the end of the year as the population has increased by 20.4% in the last decade. With median home values at $220,300, Charlotte is expected to see immense sales growth this year.
#2. San Jose, CA
San Jose’s median home value is $864,600 with combined market growth of 21.6%. The population has grown by 7.3% between 2010 and 2019, suggesting a positive influx of new residents throughout the area as well as internal movement.
The past and current real estate activity are positioning the San Jose market as one of the top markets for sellers this year.
#1. Sacramento, CA
Sacramento’s housing market has been experiencing 24.6% positive growth. The median home value in the area is $336,900 with 10.1% population growth rates between 2010 and 2019. This high level of growth is positioning Sacramento as one of the hottest markets for home sellers in 2021.
For more tips for sellers, explore other articles on the RealEstateAgents.com Blog.