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25 Promising Housing Markets for Homebuyers

·8 min read
Sean Pavone / Shutterstock.com
Sean Pavone / Shutterstock.com

You're in the market for a new hometown, but you're not willing to move just anywhere. The next place you put down roots needs to be not just affordable, but also a great place to live, with plenty of job opportunities.

When relocating, housing costs are a major concern, as you don't want your mortgage payment to consume the bulk of your paycheck. This can be tricky, as home values have soared 19.6% to an average of $320,662, as of Dec. 31, 2021, according to Zillow. They're expected to rise another 16.4% this year, further increasing the importance of choosing an affordable area.

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Of course, you also want to live in a safe city that has the amenities you need to be happy. This might involve highly-rated public schools for your kids, lots of parks or a plethora of public transit options.

While it might seem like these cities don't exist, that couldn't be farther from the truth. There are plenty of amazing spots around the country with housing markets that haven't yet been saturated.

Thankfully, there's still time to make your move to these cities before they're discovered by the masses -- and become largely unaffordable. If you're planning to make a move this year, it's important to conduct plenty of research to find your perfect fit.

To get you started, GOBankingRates compiled a list of 25 housing markets that look promising. Keep reading to learn more about these vibrant cities, to see if there's one you'd like to call home.

Sean Pavone / Getty Images/iStockphoto
Sean Pavone / Getty Images/iStockphoto

25. Pittsburgh

  • Housing Market Price Growth: 3.5%

  • Median Listing Home Price: $225,000

  • Population Growth: 0.9%

  • Job Growth: 2.5%

  • Unemployment Rate: 4.2%

  • Area Vibes Rating: 74

  • Area Trivia: Pittsburgh is home to 446 bridges, used to cross the three rivers that converge in the city center -- the Allegheny, Monongahela and the Ohio rivers.

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SeanPavonePhoto / Getty Images/iStockphoto
SeanPavonePhoto / Getty Images/iStockphoto

24. Greensboro, North Carolina

  • Housing Market Price Growth: 5.3%

  • Median Listing Home Price: $235,000

  • Population Growth: 10.9%

  • Job Growth: 2.5%

  • Unemployment Rate: 3.7%

  • Area Vibes Rating: 66

  • Area Trivia: Cone Health Care is Greensboro's largest private employer, with more than 7,000 employees.

DenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

23. El Paso, Texas

  • Housing Market Price Growth: 5.1%

  • Median Listing Home Price: $221,000

  • Population Growth: 4.6%

  • Job Growth: 2.5%

  • Unemployment Rate: 5.0%

  • Area Vibes Rating: 74

  • Area Trivia: The Sun Bowl, the country's second oldest college football game -- after the Rose Bowl -- is hosted in El Paso and has been played since 1935.

DenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

22. Grand Rapids, Michigan

  • Housing Market Price Growth: 7.1%

  • Median Listing Home Price: $229,900

  • Population Growth: 5.8%

  • Job Growth: 3.4%

  • Unemployment Rate: 3.6%

  • Area Vibes Rating: 67

  • Area Trivia: The area in and around Grand Rapids has been inhabited for over 2,000 years by the famous prehistorical Hopewell Mounds -- now replaced by reconstructions -- along the Grand River.

benedek / Getty Images/iStockphoto
benedek / Getty Images/iStockphoto

21. Cincinnati

  • Housing Market Price Growth: 5.4%

  • Median Listing Home Price: $219,900

  • Population Growth: 4.2%

  • Job Growth: 3.6%

  • Unemployment Rate: 3.0%

  • Area Vibes Rating: 68

  • Area Trivia: Launched in 1976, the city is home to "Zinzinnati," America's largest Oktoberfest, with more than 575,000 attendees annually.

DenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

20. Virginia Beach, Virginia

  • Housing Market Price Growth: 2.7%

  • Median Listing Home Price: $319,000

  • Population Growth: 4.9%

  • Job Growth: 0.7%

  • Unemployment Rate: 3.3%

  • Area Vibes Rating: 79

  • Area Trivia: Virginia Beach holds the Guinness record for largest pleasure beach.

Ron and Patty Thomas / Getty Images/iStockphoto
Ron and Patty Thomas / Getty Images/iStockphoto

19. Dallas

  • Housing Market Price Growth: 4.0%

  • Median Listing Home Price: $415,300

  • Population Growth: 8.9%

  • Job Growth: 5.6%

  • Unemployment Rate: 3.9%

  • Area Vibes Rating: 69

  • Area Trivia: Dallas is the largest landlocked city in the U.S.

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Sean Pavone / Getty Images/iStockphoto
Sean Pavone / Getty Images/iStockphoto

18. Charlotte, North Carolina

  • Housing Market Price Growth: 5.6%

  • Median Listing Home Price: $369,900

  • Population Growth: 19.6%

  • Job Growth: 2.8%

  • Unemployment Rate: 3.3%

  • Area Vibes Rating: 66

  • Area Trivia: Charlotte is the second-largest banking center in the U.S., behind only NYC.

Sean Pavone / Getty Images/iStockphoto
Sean Pavone / Getty Images/iStockphoto

17. Colorado Springs, Colorado

  • Housing Market Price Growth: 5.2%

  • Median Listing Home Price: $420,000

  • Population Growth: 15%

  • Job Growth: 4.8%

  • Unemployment Rate: 4.6%

  • Area Vibes Rating: 70

  • Area Trivia: Seriously bike-friendly, Colorado Springs has more than 90 miles of on-street bike lanes, 118 miles of urban bike trails and 61 miles of unpaved bike trails. All city buses are equipped with bike racks and the city even has a Bicycle Plan, funded by a Bicycle Tax.

benedek / Getty Images
benedek / Getty Images

16. Nashville, Tennessee

  • Housing Market Price Growth: 5.6%

  • Median Listing Home Price: $409,900

  • Population Growth: 14.7%

  • Job Growth: 4.1%

  • Unemployment Rate: 2.6%

  • Area Vibes Rating: 66

  • Area Trivia: Ideal for musicians, Nashville has more music industry workers per capita than any other place in the world.

DenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

15. McAllen, Texas

  • Housing Market Price Growth: 5.1%

  • Median Listing Home Price: $245,000

  • Population Growth: 9.5%

  • Job Growth: 5.6%

  • Unemployment Rate: 7.7%

  • Area Vibes Rating: 81

  • Area Trivia: A the largest birding hotspot in North America, McAllen is home to 540 bird species and more than 330 butterfly species have been recorded in the area.

Checubus / Shutterstock.com
Checubus / Shutterstock.com

14. Columbus, Ohio

  • Housing Market Price Growth: 6.3%

  • Median Listing Home Price: $224,900

  • Population Growth: 15.1%

  • Job Growth: 1.9%

  • Unemployment Rate: 3%

  • Area Vibes Rating: 73

  • Area Trivia: Known as "America's Equal Opportunity City," the mayor of Columbus maintains a diversity and inclusion office to ensure all city residents are supported.

Ron_Thomas / Getty Images/iStockphoto
Ron_Thomas / Getty Images/iStockphoto

13. Jacksonville, Florida

  • Housing Market Price Growth: 6.5%

  • Median Listing Home Price: $271,000

  • Population Growth: 15.6%

  • Job Growth: 4.6%

  • Unemployment Rate: 3.3%

  • Area Vibes Rating: 69

  • Area Trivia: A local favorite since 1938, the Jacksonville Farmer's Market is open daily and spans more than nine acres.

benedek / Getty Images/iStockphoto
benedek / Getty Images/iStockphoto

12. Spokane, Washington

  • Housing Market Price Growth: 7.7%

  • Median Listing Home Price: $393,600

  • Population Growth: 9.6%

  • Job Growth: 7.1%

  • Unemployment Rate: 3.2%

  • Area Vibes Rating: 67

  • Area Trivia: Known as "The Lilac City," Spokane earned its nickname due to its abundance of these pretty purple flowers.

ESB Professional / Shutterstock.com
ESB Professional / Shutterstock.com

11. Raleigh, North Carolina

  • Housing Market Price Growth: 4.3%

  • Median Listing Home Price: $373,000

  • Population Growth: 15.8%

  • Job Growth: 4.1%

  • Unemployment Rate: 2.8%

  • Area Vibes Rating: 74

  • Area Trivia: Raleigh is often referred to as the "Smithsonian of the South," because it's home to three major state museums -- featuring art, history and natural sciences -- that welcome visitors at no cost.

More: 8 Insider Tips to Get Rich in Real Estate

Ultima_Gaina / Getty Images/iStockphoto
Ultima_Gaina / Getty Images/iStockphoto

10. Seattle

  • Housing Market Price Growth: 7.5%

  • Median Listing Home Price: $740,000

  • Population Growth: 21.1%

  • Job Growth: 5.4%

  • Unemployment Rate: 3.2%

  • Area Vibes Rating: 65

  • Area Trivia: It's known as a rainy city, but in reality, Seattle only gets an average of 38 inches per year, which is about the national average.

Shots by Natalie / Shutterstock.com
Shots by Natalie / Shutterstock.com

9. Omaha, Nebraska

  • Housing Market Price Growth: 4.9%

  • Median Listing Home Price: $229,900

  • Population Growth: 18.9%

  • Job Growth: 2.7%

  • Unemployment Rate: 1.5%

  • Area Vibes Rating: 72

  • Area Trivia: Omaha is home to the College World Series, an annual event that attracts fans of both college and professional baseball.

ferrantraite / iStock.com
ferrantraite / iStock.com

8. Atlanta

  • Housing Market Price Growth: 3.5%

  • Median Listing Home Price: $389,900

  • Population Growth: 18.7%

  • Job Growth: 5.1%

  • Unemployment Rate: 2.2%

  • Area Vibes Rating: 72

  • Area Trivia: After holding the title since 2000, Atlanta's Hartsfield-Jackson Airport slipped from its spot as the world's busiest airport to second place on the list.

csfotoimages / Getty Images
csfotoimages / Getty Images

7. Tampa, Florida

  • Housing Market Price Growth: 6.8%

  • Median Listing Home Price: $357,000

  • Population Growth: 14.7%

  • Job Growth: 5.3%

  • Unemployment Rate: 3.4%

  • Area Vibes Rating: 74

  • Area Trivia: Beginning in January, Tampa celebrates Gasparilla season each year, consisting of two-months of pirate-themed parades, festivals and events.

mrtom-uk / Getty Images
mrtom-uk / Getty Images

6. Durham, North Carolina

  • Housing Market Price Growth: 4.2%

  • Median Listing Home Price: $355,000

  • Population Growth: 24.2%

  • Job Growth: 5.3%

  • Unemployment Rate: 2.7%

  • Area Vibes Rating: 70

  • Area Trivia: Covering 7,000 acres, Durham's Research Triangle Park is the largest research park in the U.S. It's home to more than 300 companies, including science and technology firms, government agencies, academic institutions, startups and nonprofits.

Susilyn / Shutterstock.com
Susilyn / Shutterstock.com

5. Lakeland, Florida

  • Housing Market Price Growth: 7.0%

  • Median Listing Home Price: $311,800

  • Population Growth: 15.6%

  • Job Growth: 3.9%

  • Unemployment Rate: 4.4%

  • Area Vibes Rating: 82

  • Area Trivia: The largest onsite collection of Frank Lloyd Wright architecture in the world is located in Lakeland.

Jennifer_Sharp / Getty Images/iStockphoto
Jennifer_Sharp / Getty Images/iStockphoto

4. Boise, Idaho

  • Housing Market Price Growth: 7.9%

  • Median Listing Home Price: $538,800

  • Population Growth: 14.6%

  • Job Growth: 2.1%

  • Unemployment Rate: 1.9%

  • Area Vibes Rating: 87

  • Area Trivia: There's no need to worry about population overgrowth in Idaho, as 66% of land in the state is federally owned.

bobbyuzda / iStock.com
bobbyuzda / iStock.com

3. Orlando, Florida

  • Housing Market Price Growth: 5.4%

  • Median Listing Home Price: $335,000

  • Population Growth: 29.1%

  • Job Growth: 7.7%

  • Unemployment Rate: 3.9%

  • Area Vibes Rating: 69

  • Area Trivia: It's probably not too surprising, but Orlando is nicknamed the "Theme Park Capital of the World."

Shutterstock.com
Shutterstock.com

2. Palm Bay, Florida

  • Housing Market Price Growth: 7.9%

  • Median Listing Home Price: $300,000

  • Population Growth: 16.1%

  • Job Growth: 5.3%

  • Unemployment Rate: 3.4%

  • Area Vibes Rating: 79

  • Area Trivia: The best place in town to catch a stunning sunset are the areas around Emerson Road and Heritage Parkway.

Kruck20 / Getty Images/iStockphoto
Kruck20 / Getty Images/iStockphoto

1. Greenville, South Carolina

This article originally appeared on GOBankingRates.com: 25 Promising Housing Markets for Homebuyers