Buffalo Tops Zillow's Hottest Housing Markets for 2025
For the second year in a row, Buffalo, NY's metro area has been named the hottest housing market in the US by Zillow. This is the first time a city has held the top spot for two consecutive years.
Key Factors Contributing to Buffalo's Hot Market:
- High Job Growth: Buffalo boasts a significant number of new jobs relative to new home construction permits. This influx of jobs fuels the demand for housing.
- Strong Buyer Competition: Intense competition among buyers keeps the market active.
- Rising Home Values (2024): Home values increased by 5.8% in 2024, although a slight decrease is projected for 2025.
Zillow's Methodology:
The ranking considers projected home value growth, market speed, labor market changes, construction activity, and the number of homeowner households.
Other Notable Markets:
Zillow's top 10 list also includes cities like Indianapolis, Providence, Hartford, and Philadelphia. New York City ranked 41st on the list.
You can explore Zillow's full report for more detailed information: Zillow's 2025 Hottest Markets
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