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Best Cities for Real Estate in 2022

Thinking about buying a house in 2022? Experts predict a better year for buyers than 2021 in housing markets across the country, including fewer bidding wars. Whether you’re looking to buy your first house in an up-and-coming real estate market with affordable homes or looking to invest in an established market with consistent price growth and great amenities, here are the 11 best cities for real estate in 2022!

Austin, TX

Exterior photo of gray American four Square home

Photo via @silveratx

      • Population: 907,779
      • Median Listing Price: $569,450
      • Median Price/Sq Ft: $317
      • Median Days on Market: 37 days

Austin is one of the best big cities to live in the U.S. and has even been recognized as one of the best places to live in the South! The capital of Texas continues to attract new residents every year with its live music experiences, bustling tech industry, and growing culinary scene. For the past few years, Austin real estate has been one of the hottest markets in Texas and is predicted to have a 4.7% sales volume increase and a 3% median home price increase in 2022. Homebuyers can find a wide range of housing options on the market throughout the Austin area, from traditional bungalows and Mid-Century Modern ranches to custom new construction.

Boston, MA

Exterior of brick Rowhouse in Boston

Photo via @reigandlosordo

      • Population: 658,279
      • Median Listing Price: $750,000
      • Median Price/Sq Ft: $736
      • Median Days on Market: 23 days

Whether you’re looking for somewhere to settle down with your family, start a career, or experience life in one of the best cities for singles, Boston is one of the best cities on the east coast. It’s also one of the best places to buy real estate, with the Boston housing market projected to see a 3.9% growth in home sales and a 7.5% growth in median home price in 2022. Buyers looking to invest in high-value properties have their pick of the wide range of home styles available in this thriving, established market. Properties range from Colonial homes to rowhouses and beyond. Expert real estate predictions also state that while the market will remain competitive for buyers, low interest rates and an increase of home listings may make house-hunting easier for Boston homebuyers in 2022, as these factors tend to make the market more affordable and less competitive.

Columbus, OH

Exterior of gray American Foursquare home in Colombus

Photo via @hommatinetwork

      • Population: 837,038
      • Median Listing Price: $237,000
      • Median Price/Sq Ft: $152
      • Median Days on Market: 38 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 similarly sized 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 housing styles ranging from modern farmhouses to new construction that won’t break the bank!

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Dallas, TX

Exterior of white Spanish Revival home with red roof in Dallas, Texas

Photo via @luxuryhomedfw

      • Population: 1,278,433
      • Median Listing Price: $370,000
      • Median Price/Sq Ft: $225
      • Median Days on Market: 27 days

The Dallas housing market is among the hottest in the U.S., with home prices 23% lower than the nationwide average. The Dallas-Fort Worth metro area’s real estate market is further supported by a strong local economy. Dallas-Fort Worth also boasts the top labor market in the U.S., making it a fantastic place to live for young professionals looking to grow their careers. Additionally, thanks to its thriving arts and culture scene, amazing restaurants, and other amenities, Dallas is more than just a great place to buy a home in 2022—it’s also one of the most dog-friendly cities in the U.S.

Indianapolis, IN

Exterior of white American Foursquare home in Indianapolis, IN

Photo via @ksvanvle

      • Population: 846,674
      • Median Listing Price: $212,000
      • Median Price/Sq Ft: $116
      • Median Days on Market: 6 days

Indianapolis is another great place to buy real estate in 2022, while also being an extremely desirable place to live, especially for families. Home prices in Indianapolis are 35% lower than the U.S. average, making it a highly affordable option for American homebuyers. The housing market in this Midwestern city has remained one of the hottest in the country for years, and with a 14.8% projected sales growth for 2022, this trend is set to continue. Also, thanks to first-time homebuyer programs put out by the Indiana Housing & Community Development Authority, Indianapolis is a prime housing market for first-time homebuyers in particular.

Nashville, TN

      • Population: 643,771
      • Median Listing Price: $395,000
      • Median Price/Sq Ft: $243
      • Median Days on Market: 30 days

Nashville was ranked as one of the most desirable places to live in 2021-2022 and has since become one of the fastest-growing metro areas in the country. Along with its population growth, the Nashville real estate market has taken off in recent years, and home prices are expected to rise by 5.6% in 2022. Even with these increases, prices will still be more affordable than those in similarly sized metro housing markets like Denver and Austin. First-time homebuyers, in particular, should consider Nashville, as this Tennessee city is among the best large cities for first-time homebuyers. Here, you’ll find housing options like modern farmhouses and large executive homes.

Phoenix, AZ

Exterior of gray Ranch home with black trim in Phoenix, AZ

Photo via @thejennnewman

      • Population: 1,555,324
      • Median Listing Price: $410,000
      • Median Price/Sq Ft: $261
      • Median Days on Market: 30 days

The thriving Southwestern city of Phoenix has something to offer people of all lifestyles, from singles and young professionals to retirees and more. Aside from its year-round warm weather and abundant arts and culture, the local real estate market is another major draw for those thinking of moving to Phoenix. With 7.5% sales growth projected in 2022, the housing market is expected to continue its streak as one of the hottest in the U.S. And although the market currently favors sellers, experts believe an increase of new listings in 2022 will help balance the field by giving buyers more options in their search. Available homes come in diverse styles, from Ranch to Spanish Mission, and many others.

Raleigh, NC

Exterior of gray and brown bungalow in Raleigh, NC

Photo via @mckeehomesnc

      • Population: 441,326
      • Median Listing Price: $376,000
      • Median Price/Sq Ft: $196
      • Median Days on Market: 34 days

Up-and-coming Raleigh frequently ranks as one of the best big U.S. cities to live in, thanks to its research and education opportunities. Universities like North Carolina State University, Duke University, and University of North Carolina are not only major employers, but make Raleigh a great place for students, too. Raleigh’s housing market is projected to see a 9.6% growth in sales volume and 4.3 growth in median home price this year, making it one of the cities with the hottest real estate in 2022! 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: $468,750
      • Median Price/Sq Ft: $287
      • Median Days on Market: 24 days

Predicted to be one of the best cities for remote work in 2022, it’s no surprise that Salt Lake City is also a destination for real estate this year. Utah’s capital city has seen a 7.72% 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 some experts naming it the best in the nation for 2022. Homebuyers thinking about purchasing a home in SLC can find everything from Victorian-style houses to modern bungalows and new construction.

Seattle, WA

Exterior of blue bungalow home with white trim and red door in Seattle, WA

Photo via @powell.re

      • Population: 668,849
      • Median Listing Price: $770,000
      • Median Price/Sq Ft: $543
      • Median Days on Market: 7 days

The seaport city of Seattle is also set to have one of the country’s top real estate markets in 2022, particularly for experienced homebuyers ready to invest in high-value properties. Homes are selling quickly in Seattle, and while projected sales growth rates sit at 9.6%, experts actually expect this pace to cool as seasonal housing market cycles progress. Real estate aside, the city was also recently ranked one of the best places to live in the U.S., offers a healthy job market, has beautiful waterfront scenery, and boasts a wealth of iconic eateries and coffee houses. If you’re thinking of settling down here, you’ll be able to choose from home styles like Victorian and Mid-Century Modern.

Tampa, FL

      • Population: 361,477
      • Median Listing Price: $345,000
      • Median Price/Sq Ft: $229
      • Median Days on Market: 12 days

The TampaSt. Petersburg-Clearwater metro has become a popular market for homebuyers 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 2022. In fact, this Gulf Coast city is expected to see a 9.6% increase in year-over-year sales volume. If you’re looking for spacious Mediterranean-style houses or cozy beach bungalows, Tampa real estate is worth checking out! Beyond its housing market, Tampa is also known for its beautiful beaches and year-round warm weather.

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Buying a home in one of these cities in 2022? Extra Space Storage has storage facilities throughout the U.S. that can help make your transition as convenient as possible. Find self storage near you!

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

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