Manchester, NH, has claimed the title of the hottest housing market in the U.S. for the 29th time, as reported on September 11, 2024. This city continues to attract homebuyers, showing strong demand despite a sluggish national housing market.
Both the Northeast and Midwest regions are thriving, with home prices rising while the national average declines. Manchester’s real estate market stands out, with homes receiving significantly more views than the national average.
Key takeaways:
- Manchester, NH, is the hottest housing market for August 2024.
- Home prices in Manchester are $550,000, significantly lower than Boston.
- Oshkosh, WI, ranks second, with homes priced at $330,000.
- Midwest and Northeast regions dominate the Realtor.com list.
Manchester, NH: The Unstoppable Housing Market Leader in 2024
Manchester, NH, has topped the list of the hottest housing markets in the country for the 29th time. This city has consistently ranked among the top three markets for over three years. In August, Manchester’s listings received 3.3 times more views than the national average. The median home price in Manchester is $550,000, making it an appealing choice for many buyers.
Oshkosh, WI: A Rising Star in the Housing Market
Oshkosh, WI, has secured the second position on the hottest housing markets list. Homes in this city received three times more views than the national average in August. The typical home price in Oshkosh is $330,000, making it an affordable option for many families. Wisconsin’s low cost of living and family-friendly amenities contribute to its appeal.
Key Factors Behind the Success of Hot Housing Markets
Several factors contribute to the success of housing markets like Manchester and Oshkosh:
- High demand due to low inventory.
- Competitive home prices compared to nearby metropolitan areas.
- Strong interest from homebuyers, driving up views per property.
- Desirable amenities and quality of life in these regions.
In conclusion, Manchester, NH, and Oshkosh, WI, are leading the way in the housing market for August 2024. Their strong demand and competitive prices highlight the resilience of the Northeast and Midwest regions amidst a challenging national market.
