Real Estate – the biggest buzzword from the last two years, am I right?! Everyone has been talking about it and a lot of us have been purchasing it (at least before interest rates sky rocketed).

Housing trends have been shifting and so have the hot locations. Whether you’re in the market for a new residence, looking for your next investment property, or just plain curious, these are the hottest housing markets for 2023.

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While these markets might not be as hot as they were a year ago (thankfully!), they’re still competitive. There are some notable newcomers to the list with hotspots like Austin being knocked out of the #1 position. 

These markets are considered “hot” because they’re expecting strong growth and have strong economic foundations. They also have low days on market and are still selling quickly, though not quite as quickly as the previous year – that was a tad unsustainable!

According to NAR, the hottest housing markets in 2023 are  (in no particular order):

Photo courtesy of 365 Atlanta Traveler

1. Raleigh, North Carolina

Median Sales Price: $390,000 (-1.2% from last year)

Median Days on Market: 44

2. Dallas-Fort Worth-Arlington, Texas

Median Sales Price: $420,000 (+5% from last year)

Median Days on Market: 43

3. Greenville, South Carolina

Median Sales Price: $342,500 (+2.5% from last year)

Median Days on Market: 69

4. Atlanta, Georgia

Median Sales Price: $385,000 (-1.8% from last year)

Median Days on Market: 45

5. Charleston, South Carolina

Median Sales Price: $500,000 (+2.1% from last year)

Median Days on Market: 81

6. Huntsville, Alabama

Median Sales Price: $324,000 (+2.9% from last year)

Median Days on Market: 46

7. Jacksonville, Florida

Median Sales Price: $290,000 (+3% from last year)

Median Days on Market: 62

8. San Antonio, Texas

Median Sales Price: $274,000 (+3.5% from this time last year)

Median Days on Market: 59

9. Knoxville, Tennessee

Median Sales Price: $274,340 (+3.9% from last year)

Median Days on Market: 59

10. Fayetteville, Arkansas

Median Sales Price: $332,738 (+6.4% from last year)

Median Days on Market: 17

Information was gathered from National Association of Realtors and Redfin.

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