Home > Moving > City Guides > Best Cities for Real Estate in 2021
Ground level view of downtown Columbus, OH looking over the Scioto River

Best Cities for Real Estate in 2021

Thinking about buying a house in 2021? Economists predict a strong year for sellers in housing markets across the country and expect to see a rise in city living with the distribution of the COVID-19 vaccine. Nevertheless, if you’re looking for up-and-coming real estate markets with affordable homes and excellent amenities, here are the 11 best cities for real estate in 2021!

  • Arlington, TX
  • Austin, TX
  • Charlotte, NC
  • Colorado Springs, CO
  • Columbus, OH
  • Des Moines, IA
  • Fort Collins, CO
  • Nashville, TN
  • Raleigh, NC
  • Salt Lake City, UT
  • Tampa, FL

Arlington, TX

Red bring single-family home in Arlington, TX. Photo by Instagram user @thezanggroup

Photo via @thezanggroup

  • Population: 383,899
  • Median Listing Price: $250,000
  • Median Price/Sq Ft: $134
  • Median Days on Market: 48 days

The Dallas-Fort Worth metro has seen rapid growth over the last decade, especially in suburbs like Arlington, where access to big city amenities and job opportunities meets suburban affordability. The cost of housing in Arlington is 19% below the national average, and houses tend to be more affordable than those in Dallas. In fact, buying a home in Arlington in 2021 could be a good investment move for both first-time home buyers and established home owners, as home values are expected to rise consistently over the next five years. If you’re looking for a sprawling ranch-style home or brick executive houses, consider moving to Arlington!

Austin, TX

Dark gray mutlistory craftsman home in Austin, TX. Photo by Intstagram user @silveratx

Photo via @silveratx

  • Population: 907,779
  • Median Listing Price: $459,900
  • Median Price/Sq Ft: $261
  • Median Days on Market: 48 days

Austin has been recognized as one of the best places to live in the U.S. and as one of the best places to live in the South, and it continues to attract new residents every year with its live music experiences, bustling tech industry, and growing culinary scene. For the past few years, the Austin real estate market has been one of the hottest markets in Texas, and in 2020, the city saw a 55% increase in home sales volume, as well as a 13.1% increase in median home price. Home buyers can find a wide range of housing options from traditional bungalows and Mid-Century Modern ranches to custom new construction throughout the Austin area.

Charlotte, NC

  • Population: 808,834
  • Median Listing Price: $325,000
  • Median Price/Sq Ft: $172
  • Median Days on Market: 46 days

If you’re moving for both career and real estate opportunities, take a look at Charlotte, which ranks among the best places to live in the U.S. This North Carolina city is a top destination for jobs in the financial industry and for affordable housing. While the 2021 real estate market in Charlotte is expected to be competitive, there has been steady market growth over the last seven years, and mortgage rates continue to fall. Here, residents can find homes ranging from Colonial-style cottages to large contemporary farmhouses.

Colorado Springs, CO

  • Population: 448,759
  • Median Listing Price: $350,000
  • Median Price/Sq Ft: $165
  • Median Days on Market: 42 days

Colorado Springs is a rapidly growing city in Colorado that often makes the list of best places to live in America, thanks to its affordability, family-friendly community, outdoor recreation, large military presence, and low unemployment rate. The city has seen a steady rise in real estate value since 2012 as its population has grown, and although home values are forecasted to rise around 11% within the next year, home buyers can still find budget-friendly ranches, Craftsman-style homes, and more in the area—and they’ll be more affordable than similar homes in more expensive cities like Denver!

Columbus, OH

Dark gray semi-detached rwo home in Columbus, OH. Photo by Instagram user @hommatinetwork

Photo via @hommatinetwork

  • Population: 837,038
  • Median Listing Price: $204,900
  • Median Price/Sq Ft: $134
  • Median Days on Market: 50 days

Recognized as one of the most affordable major U.S. cities to live in, Columbus is a hot spot that offers tons of job opportunities, big city amenities, and a growing real estate market. With housing prices 23% lower than the national average and a current buyer’s market, Columbus real estate is abundant and more affordable than real estate in similar major cities like San Francisco and Washington, DC. Whether you’re looking to buy your first home, a spacious family home, or a budget-friendly home for retirement, Columbus has a variety of housing options from modern farmhouses to new construction that won’t break the bank!

Search Form Find an Extra Space Storage facility near you
Search

Des Moines, IA

  • Population: 212,859
  • Median Listing Price: $175,000
  • Median Price/Sq Ft: $151
  • Median Days on Market: 56 days

Des Moines is already on the map as one of the most affordable cities to live in 2021, but it’s also earned recognition over the years as one of the best places to live in the U.S. and one of the top places to raise a family, thanks to its cost of living, which is 13% lower than the national average. The Des Moines real estate market is particularly attractive for first-time home buyers, as houses typically sell for 30% less than the national average. In other words, you can buy or build a larger house for a lower price than you could in cities of similar size like Tacoma and Santa Rosa. Plus, Des Moines is a Midwest hub for jobs and college education!

Fort Collins, CO

  • Population: 157,251
  • Median Listing Price: $435,000
  • Median Price/Sq Ft: $206
  • Median Days on Market: 46 days

Located about an hour north of the Denver metro is Fort Collins, which has been named among the top places to live in the U.S. and the fastest-growing places in the U.S. This rapidly-expanding Colorado community is more affordable than nearby Boulder while offering similar amenities, including trendy restaurants, an on-the-rise craft beer scene, and plenty of new home construction. For those thinking about investing in a Fort Collins home, the market is looking good! Zillow forecasts a 5.2% increase in median home value with local real estate over the next year, as the city becomes a popular destination for those moving outside of Denver.

Nashville, TN

  • Population: 643,771
  • Median Listing Price: $360,000
  • Median Price/Sq Ft: $215
  • Median Days on Market: 41 days

Nashville was deemed one of the most desirable places to live in 2019 and has since become one of the fastest-growing metro areas in the country. Along with its population growth, the Nashville real estate market took off in 2020, and home prices are expected to rise by 5-6% in 2021—though even with these increases, home prices will still be more affordable than those in comparable metros like Denver and Austin. First-time home buyers in particular should consider Nashville, as this Tennessee city is among the best large cities for first-time home buyers. Here, you’ll find housing options like modern farmhouses and large executive homes.

Raleigh, NC

Dark gray craftsman style home in Raleigh, NC. Photo by Instagram user @mckeehomesnc

Photo via @mckeehomesnc

  • Population: 441,326
  • Median Listing Price: $320,000
  • Median Price/Sq Ft: $162
  • Median Days on Market: 44 days

Up-and-coming Raleigh frequently makes the lists of best places to live in the South and best big U.S. cities to live in, thanks to its well-known financial hub and research and education opportunities with universities like Duke University, North Carolina State University, and University of North Carolina. But it’s also poised to be the city with the hottest real estate in 2021! Raleigh’s housing market is projected to see a 6% growth in home sales and 3.9% growth in home price this year. In addition, North Carolina’s capital is currently a buyer’s market with more supply than demand, so it’s a good time to get in the door if you’re ready to invest!

Salt Lake City, UT

  • Population: 191,446
  • Median Listing Price: $425,000
  • Median Price/Sq Ft: $234
  • Median Days on Market: 24 days

Predicted to be one of the best cities for jobs in 2021, it’s no surprise that Salt Lake City is also a destination for real estate this year. Utah’s capital city has seen a 7.65% population growth since the 2010 U.S. Census, with new residents moving in droves to take advantage of the city’s beautiful mountain views, outdoor recreation, and budding tech industry. This, in turn, has led to a hot housing market in Salt Lake City, with experts predicting an 8-9% increase in home appreciation in 2021. Home buyers thinking about investing in an SLC home can find everything from Victorian-style homes and modern bungalows to new construction.

Tampa, FL

  • Population: 361,477
  • Median Listing Price: $299,900
  • Median Price/Sq Ft: $186
  • Median Days on Market: 56 days

The Tampa-St Petersburg-Clearwater metro has become a popular destination for people who want to live in Florida but don’t want the high prices of cities like West Palm Beach and Miami. As such, Tampa has become one of the fastest-growing cities in the U.S. and is predicted to have a hot housing market in 2021. In fact, this Gulf Coast city is expected to see a 7.5% increase in year-over-year price growth. If you’re looking for spacious Mediterranean-style houses or cozy beach bungalows, Tampa real estate is worth checking out!

***

Moving to or buying a home in one of these cities? Extra Space Storage has storage facilities throughout the U.S. that can make your transition as convenient as possible. Find self storage near you!

Population statistics from AreaVibes. Housing statistics from Realtor.com and Redfin.

Real Estate Cities: 11 best Cities to Buy Real Estate in 2021: Extra Space Storage

Copy link
Powered by Social Snap