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The Midwest Dominated 20 Hottest Housing Markets in October

Ohio is proving to be a hot housing market. The state boasted the largest number of metros to make it onto a top 20 list of the nation’s top-performing housing markets for October, realtor.com®’s data shows. realtor.com® ranks the markets based on where homes are selling the fastest and where visitors to realtor.com® are clicking on listings the most.

The following Ohio metros made this month’s list: Columbus (number 3); Springfield (number 9, up 93 spots from September); Canton (number 13); and Dayton (number 14). The Midwest claimed nine of the top 20 markets on realtor.com®’s October list. For the fourth consecutive month, Fort Wayne, Ind., topped the rankings.

The Midwest and Ohio’s attraction lately may be driven by its affordability, says Javier Vivas, director of economic research at realtor.com®.The typical household in Ohio would have a monthly mortgage payment under $800. Those lower prices are catching the eye of consumers from other states. Realtor.com® researchers note that many of the clicks on listings in the state’s metro areas have come from home shoppers in pricier Midwestern and Northeast metros, such as Philadelphia, Chicago, and New York City.

Here are the housing markets that topped realtor.com®’s list in October:

  1. Fort Wayne, Ind.
  2. Pueblo, Colo.
  3. Columbus, Ohio
  4. Rochester, N.Y.
  5. Colorado Springs, Colo.
  6. Lafayette, Ind.
  7. Janesville-Beloit, Wis.
  8. Burlington, N.C.
  9. Springfield, Ohio
  10. Topeka, Kan.
  11. Vallejo-Fairfield, Calif.
  12. Manchester-Nashua, N.H.
  13. Canton-Massillon, Ohio
  14. Dayton, Ohio
  15. Spokane, Wash.
  16. Stockton-Lodi, Calif.
  17. Midland, Texas
  18. Modesto, Calif.
  19. Boston
  20. Milwaukee

Source: “The 20 Hottest Markets in Real Estate, October 2019: Why Ohio?” realtor.com(R) (Nov. 7, 2019)  

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