The 10 Hottest U.S. Housing Markets of 2018

Did your city make the cut?

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February 16, 2018
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What Makes 'Em Hot, Anyways?

The U.S. housing market is on fire — in a good way. Zillow conducted a study to observe which U.S. metropolitan-area housing markets are estimated to scorch the rest in 2018. The variables used to predict the overall "hotness factor" are as follows: Zillow’s Home Value and Rent Forecast (i.e. the predicted increase in property value over the next year), income and population growth, current unemployment rates and the number of job openings per person via data from Glassdoor. Click through to find out if your city made the cut.

10: Dallas, Texas

Dallas, Texas comes in hot for the tenth-hottest housing market. This sought-after city boasts an average annual income of $63,812, home value is predicted to increase 4.7 percent over the next year, and 142,084 job opportunities are available, to boot.

Learn More About Dallas

9: Portland, Oregon

Portland keeps things weird, but it seems to be working for them. The average annual income is about $60k, the home value forecast is 3.7 percent and there are 44,845 jobs up for the taking.

See More Photos: 24 Hours in Portland, Oregon

8: Nashville, Tennessee

The masses are moving to Music City and it’s easy to see why. Nashville’s housing market is almost as hot as their mouth-watering hot chicken. The annual average income is about $60k, the home value forecast is 3.8 percent and there are over 38,257 jobs up for grabs.

See More Photos: 24 Popular Landmarks and Attractions in Nashville

7: Denver, Colorado

Denver decks the competition, sliding into seventh-hottest housing market spot in the country. The average annual household income is almost $72k, the home value forecast is 3.0 percent and there are 81,479 job openings available.

Explore Denver: Top 7 Things to Do in Denver

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6: Austin, Texas

This trendy Texas city ranks sixth-hottest housing market in the United State. Austin proves to be the "it" spot for young professionals and start-ups. The home value forecast is 3.3 percent, there are 47k+ job openings and the annual Austin household pulls in $71,000. Not too shabby, eh?

See More Photos: Things to Do in Austin, Texas

5: San Francisco, California

Let’s face it: the San Francisco Bay is BAE. The high-end housing market continues to reign as one of the top in the country, with an average annual income of $97,677, a home value forecast of 3.8 percent and 137,073 job openings.

Learn More About San Francisco

4: Charlotte, North Carolina

The Queen City is prime picking for putting down your southern roots. This gem has an average annual income of $59,979, a home value forecast of 4.0 percent and nearly 50k job openings for Charlotteans.

3: Seattle, Washington

Are we really surprised that the motherland of Starbucks is predicted to have a hot, steamy housing market? The mocha-mecca boasts an average annual income of $78,612, home value forecast of 5.4 percent and over 100k job openings across the city.

Explore Seattle: Seattle in a Hurry: 5 Sights in 7 Hours

2: Raleigh, North Carolina

Raleigh is home to N.C. State, some of the nation's most brilliant minds and the second hottest housing market in the country. An average annual income of $71,685, home value forecast of 3.7 percent and nearly 30k job openings earn this college town its silver medal.

Learn More About the City of Oaks

1: San Jose, California

The hottest-of-the-hot, number one spot goes to the housing market in San Jose, California. Numbers don’t lie, people! Sunny San Jose boasts an average household income of $110,040, 70k job openings and home value is expected to increase 8.9 percent over the upcoming year!

Learn More About San Jose

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