19 Dec Top Housing Markets for the Next 5 Years

National home prices are expected to climb 0.3 percent in the next year, according to the latest home price report by Fiserv Case-Shiller.

But over the next five years, that number will jump to 3.3 percent.

What are the best housing markets over the next five years?

Below are the top projected markets, showing the median home price, median household income, unemployment rate, and the change in home prices since their peak.

Glens Falls, New York

  • 7.7 percent projected growth
  • The median home price is $159,000; lower than the national median of $181,000.
  • Glen Falls has a population of 128,996, an unemployment rate of 9.1 percent, and a median family income of $64,300.

Yuma, Arizona

  • 7.7 percent projected growth
  • It has a population of 200,870, an unemployment rate of 25.8 percent, and a median family income of $45,400, lower than the national median of $62,900.

Eugene-Springfield, Oregon

  • 7.7 percent projected growth
  • The metro has a population of 353,416, an unemployment rate of 8.8 percent, and a median family income of $53,200.

Yakima, Washington

  • 7.8 percent projected growth
  • It has a median home price of $168,800.
  • Yakima also has a population of 247,141, an unemployment rate of 10.2 percent, and a median family income of $47,800.

Brunswick, Georgia

  • 7.9 percent projected growth
  • It has a population of 112,923, an unemployment rate of 10.4 percent, and a median family income of $50,500, that is below the national median.

To discover the remaining Top Housing Markets for the next five years, click here.

Sibet B Freides
socialmedia@ideaassociates.com