Mid-sized cities such as Boise, Idaho; Syracuse, N.Y.; and Portland, Maine are among the top housing markets poised for growth, according to an analysis by Zillow.
The company said those markets have replaced expensive coastal areas such as San Francisco and Seattle.
Zillow’s analysis considered factors including recent and forecasted home value growth, the share of homes sold above list price, and how quickly homes sell.
“Boise offers that small-town feel people crave from the movies, and has something for everyone,” Michael Edgar, owner of Michael Ryan Real Estate, said in a release. “There's an abundance of outdoor activities right outside your doorstep, plenty of restaurants to choose from, and not a lack of career opportunities. Its affordability makes it a great place to raise kids, retire, or work remotely.”
In addition to the aforementioned cities, other markets on Zillow’s list are Huntsville, Ala.; Ogden, Utah; Spokane, Wash.; York, Pa.; Colorado Springs, Colo.; Lancaster, Pa.; Modesto and Visalia, Calif.; and Lansing, Mich.
“If you love the outdoors and you love biking, hiking, camping and all the things that come with the Colorado lifestyle, you'll love the Springs," Atlas Real Estate agent Jacob Mueller said in the release. “You can get into the mountains really easily and that's very attractive. The city is also experiencing tremendous economic growth, so people can grow their careers here without having to leave for a bigger city.”