economie

18 cities with reasonably priced homes that will be million-dollar markets in the next decade

Median home price in Q2 2024: $620,400

Median home price estimate for 2025: $683,680

Median home price estimate for 2026: $753,415

Median home price estimate for 2027: $830,263

Median home price estimate for 2028: $914,950

Median home price estimate for 2029: $1,008,275

Home price growth rate from 2014-24: 10.2%

Source: Zoocasa, National Association of Realtors

2. Riverside, California

Median home price in Q2 2024: $568,700

Median home price estimate for 2025: $617,608

Median home price estimate for 2026: $670,722

Median home price estimate for 2027: $728,404

Median home price estimate for 2028: $791,047

Median home price estimate for 2029: $859,077

Median home price estimate for 2030: $932,958

Median home price estimate for 2031: $1,013,192

Home price growth rate from 2014-24: 8.6%

Source: Zoocasa, National Association of Realtors

4. Portland, Oregon

Median home price in Q2 2024: $566,400

Median home price estimate for 2025: $615,110

Median home price estimate for 2026: $668,009

Median home price estimate for 2027: $725,458

Median home price estimate for 2028: $787,847

Median home price estimate for 2029: $855,602

Median home price estimate for 2030: $929,184

Median home price estimate for 2031: $1,009,094

Home price growth rate from 2014-24: 8.6%

Source: Zoocasa, National Association of Realtors

6. Sacramento, California

Median home price in Q2 2024: $583,200

Median home price estimate for 2025: $635,688

Median home price estimate for 2026: $692,899

Median home price estimate for 2027: $755,260

Median home price estimate for 2028: $823,233

Median home price estimate for 2029: $897,324

Median home price estimate for 2030: $978,083

Median home price estimate for 2031: $1,066,110

Home price growth rate from 2014-24: 9%

Source: Zoocasa, National Association of Realtors

8. North Port, Florida

Median home price in Q2 2024: $510,700

Median home price estimate for 2025: $566,877

Median home price estimate for 2026: $629,233

Median home price estimate for 2027: $698,449

Median home price estimate for 2028: $775,278

Median home price estimate for 2029: $860,559

Median home price estimate for 2030: $955,220

Median home price estimate for 2031: $1,060,294

Home price growth rate from 2014-24: 11.1%

Source: Zoocasa, National Association of Realtors

10. Las Vegas, Nevada

Median home price in Q2 2024: $496,500

Median home price estimate for 2025: $537,213

Median home price estimate for 2026: $581,265

Median home price estimate for 2027: $628,929

Median home price estimate for 2028: $680,501

Median home price estimate for 2029: $736,302

Median home price estimate for 2030: $796,679

Median home price estimate for 2031: $862,007

Median home price estimate for 2032: $932,692

Median home price estimate for 2033: $1,009,173

Home price growth rate from 2014-24: 8.2%

Source: Zoocasa, National Association of Realtors

12. Phoenix, Arizona

Median home price in Q2 2024: $469,100

Median home price estimate for 2025: $512,726

Median home price estimate for 2026: $560,410

Median home price estimate for 2027: $612,528

Median home price estimate for 2028: $669,493

Median home price estimate for 2029: $731,756

Median home price estimate for 2030: $799,809

Median home price estimate for 2031: $874,191

Median home price estimate for 2032: $955,491

Median home price estimate for 2033: $1,044,352

Home price growth rate from 2014-24: 9.3%

Source: Zoocasa, National Association of Realtors

14. Raleigh, North Carolina

Median home price in Q2 2024: $456,100

Median home price estimate for 2025: $502,622

Median home price estimate for 2026: $553,889

Median home price estimate for 2027: $610,386

Median home price estimate for 2028: $672,645

Median home price estimate for 2029: $741,255

Median home price estimate for 2030: $816,863

Median home price estimate for 2031: $900,183

Median home price estimate for 2032: $992,002

Median home price estimate for 2033: $1,093,186

Home price growth rate from 2014-24: 10.2%

Source: Zoocasa, National Association of Realtors

16. Durham, North Carolina

Median home price in Q2 2024: $504,800

Median home price estimate for 2025: $542,155

Median home price estimate for 2026: $582,274

Median home price estimate for 2027: $625,362

Median home price estimate for 2028: $671,639

Median home price estimate for 2029: $721,340

Median home price estimate for 2030: $774,719

Median home price estimate for 2031: $832,048

Median home price estimate for 2032: $893,620

Median home price estimate for 2033: $959,748

Median home price estimate for 2034: $1,030,769

Home price growth rate from 2014-24: 7.4%

Source: Zoocasa, National Association of Realtors

18. Wilmington, North Carolina

Median home price in Q2 2024: $467,400

Median home price estimate for 2025: $504,792

Median home price estimate for 2026: $545,175

Median home price estimate for 2027: $588,789

Median home price estimate for 2028: $635,892

Median home price estimate for 2029: $686,763

Median home price estimate for 2030: $741,704

Median home price estimate for 2031: $801,040

Median home price estimate for 2032: $865,123

Median home price estimate for 2033: $934,333

Median home price estimate for 2034: $1,009,080

Home price growth rate from 2014-24: 8%

Source: Zoocasa, National Association of Realtors