These cities are expected to see the biggest real estate growth in 2023

Image for article These cities are expected to see the biggest real estate growth in 2023

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Whether you’re a seasoned real estate professional, or someone who casually scans listings from time to time, you’ve probably noticed that 2022 housing market Used to be a little hard to follow Sometimes. Like 2021, most experts have indicated that this year has been largely one seller’s marketBut what is in store for 2023?

Economic Research Team at Realtor.com made some predictions, including what they expect Real estate markets experiencing maximum growth 2023. Here’s what to know.

Predictions for housing markets positioned for highest growth in 2023

With mortgage interest rates skyrocketing in the past few months, many potential buyers have decided to moratorium on buying a houseEven if the property itself has fallen in value.

but according to Realtor.com expertsThere are some metropolitan areas that still have a good amount of (relatively) affordable housing, and 2022 will see sales and price increases that are anticipated.Will continue to grow throughout 2023. they are:

1. Hartford, Connecticut

Median Home List Prices in November 2022: $372,400
Price Changes in 2023: 8.5%
Sales Variation in 2023: 6.5%

2. El Paso, Texas

Median Home List Prices in November 2022: $290,500
Price Changes in 2023: 5.4%
Sales Variation in 2023: 8.9%

3. Louisville, Kentucky

Median Home List Prices in November 2022: $290,000
Price Changes in 2023: 8.4%
Sales Variation in 2023: 5.2%

4. Worcester, Massachusetts

Median Home List Prices in November 2022: $447,500
Price Changes in 2023: 10.6%
Sales Variation in 2023: 2.5%

5. Buffalo, New York

Median Home List Prices in November 2022: $239,000
Price Changes in 2023: 6%
Sales Variation in 2023: 6.3%

6. Augusta, Georgia

Median Home List Prices in November 2022: $318,900
Price Changes in 2023: 5.7%
Sales Variation in 2023: 6.2%

7. Grand Rapids, Michigan

Median Home List Prices in November 2022: $358,300
Price Changes in 2023: 10%
Sales Variation in 2023: 1.6%

8. Columbia, South Carolina

Median Home List Prices in November 2022: $300,400
Price Changes in 2023: 3.6%
Sales Variation in 2023: 7.7%

9. Chattanooga, Tennessee

Median Home List Prices in November 2022: $396,500
Price Changes in 2023: 8.2%
Sales Variation in 2023: 2.9%

10. Toledo, Ohio

Median Home List Prices in November 2022: $161,100
Price Changes in 2023: 6.7%
Sales Variation in 2023: 4.2%

For more information on these rankings, housing markets, and Realtor.com’s methodology, visit View full report,

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