Top 10 Hottest Real Estate Markets Include 5 in the Midwest

Realtor.com has released its latest report highlighting the hottest housing markets in the United States as of July 2024, ranking 300 metro areas based on the speed of sales and listing activity. The report indicates a continued trend, with the top markets predominantly located in the Northeast and Midwest regions. This marks the tenth consecutive month that these areas have dominated the list, reflecting a sustained demand for housing in these locales. Oshkosh, Wisconsin, tops the list with a median home price of $374,000. The city, situated along the shores of Lake Winnebago, is notable for being the home of the well-known clothing brand OshKosh B'Gosh, which serves as a significant employer in the region. The combination of a vibrant local economy and appealing lifestyle factors contributes to its attractiveness for homebuyers. Following Oshkosh, Hartford, Connecticut, ranks as the second hottest housing market, with listings in the area receiving 4.3 times more views than the national average. A previous report from Creditnews Research highlighted Hartford as the fastest-selling housing market as of January 2024, further solidifying its position as a desirable location for prospective homeowners. In 2023, Hartford also featured prominently in Realtor.com's top 10 markets, showcasing its ongoing appeal. As the housing market continues to evolve, these findings underscore the importance of regional dynamics in real estate, with both Oshkosh and Hartford exemplifying the trends driving buyer interest in the Northeast and Midwest.