These 25 Housing Markets Are Still Very Hot

There have been mixed signals in the United States housing market in 2019. Some cities are continuing to see the post-housing crash momentum carry them onward, while in others, housing markets have markedly cooled down. In this study, we analyzed every city tracked by Zillow for its average number of days on Zillow and its buyer-seller index. The average number of days the house is on Zillow serves as a metric for average time spent on the market before being sold. The buyer-seller index is a score that’s on a range from 0 to 10, with 10 meaning the housing market is a complete seller’s market, while 0 indicates a buyer’s market. For this study, the fewer the days on Zillow and the greater the seller’s market score, the hotter the housing market.

Over two thousand cities were analyzed, which was then narrowed down to the 200-largest housing markets. Find out which housing markets are so hot they’re ideal for flipping.

25 Housing Markets That Are Very Hot

Keep in mind the values for the U.S. overall when comparing these housing markets to the rest of the nation. The median home listing price for the U.S. overall is $289,000, the average time on market is 70 days and its buyer-seller index score is 8.41 out of 10. Read on to find out how these hot housing-flipping markets compare.

Tempe, Arizona

• Median home price: $305,900
• Average number of days on market: 43
• Buyer-seller index: 10

Mesa, Arizona

• Median home price: $285,000
• Average number of days on market: 46
• Buyer-seller index: 10

Arlington, Virginia

• Median home price: $699,900
• Average number of days on market: 46
• Buyer-seller index: 10

Fairfax, Virginia

• Median home price: $575,000
• Average number of days on market: 47
• Buyer-seller index: 10

Glendale, Arizona

• Median home price: $259,900
• Average number of days on market: 48
• Buyer-seller index: 10

Gilbert, Arizona

• Median home price: $359,650
• Average number of days on market: 49
• Buyer-seller index: 10

Chandler, Arizona

• Median home price: $347,900
• Average number of days on market: 52
• Buyer-seller index: 10

Clarksville, Tennessee

• Median home price: $232,500
• Average number of days on market: 54
• Buyer-seller index: 10

Tucson, Arizona

• Median home price: $226,995
• Average number of days on market: 55
• Buyer-seller index: 10

Peoria, Arizona

• Median home price: $330,000
• Average number of days on market: 55
• Buyer-seller index: 10

Phoenix, Arizona

• Median home price: $285,000
• Average number of days on market: 56
• Buyer-seller index: 10

Huntsville, Alabama

• Median home price: $261,900
• Average number of days on market: 56
• Buyer-seller index: 10

Memphis, Tennessee

• Median home price: $109,900
• Average number of days on market: 57
• Buyer-seller index: 10

Augusta, Georgia

• Median home price: $129,900
• Average number of days on market: 57
• Buyer-seller index: 10

Killeen, Texas

• Median home price: $167,000
• Average number of days on market: 55
• Buyer-seller index: 9.81

Albuquerque, New Mexico

• Median home price: $234,900
• Average number of days on market: 60
• Buyer-seller index: 10

Toledo, Ohio

• Median home price: $87,900
• Average number of days on market: 57
• Buyer-seller index: 9.81

Woodbridge, Virginia

• Median home price: $349,000
• Average number of days on market: 54
• Buyer-seller index: 9.63

Colorado Springs, Colorado

• Median home price: $337,000
• Average number of days on market: 46
• Buyer-seller index: 9.16

Virginia Beach, Virginia

• Median home price: $317,000
• Average number of days on market: 64
• Buyer-seller index: 10

Fredericksburg, Virginia

• Median home price: $359,900
• Average number of days on market: 64
• Buyer-seller index: 10

Tampa, Florida

• Median home price: $320,000
• Average number of days on market: 61
• Buyer-seller index: 9.81

Wichita, Kansas

• Median home price: $169,995
• Average number of days on market: 52
• Buyer-seller index: 9.35

Bakersfield, California

• Median home price: $274,900
• Average number of days on market: 56
• Buyer-seller index: 9.53

Chesapeake, Virginia

• Median home price: $325,000
• Average number of days on market: 66
• Buyer-seller index: 10

As you might have noticed, Arizona and Virginia dominated the list of the hottest 25 housing markets. In Arizona, cities and suburbs in the Phoenix area, like Tempe, Mesa and Glendale, as well as the city of Phoenix proper, all ranked among the hottest markets. In Virginia, markets in the Washington, D.C. area and, to a smaller degree, in the Virginia Beach area are the hottest.

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