You've likely heard some less familiar names coming up in discussions of hot real estate markets. San Francisco, New York, LA and Chicago are still amazing places to live. However, cities such as San Antonio and Nashville are making the news by becoming some of the biggest boomtowns of the year. These cities are experiencing some of the fastest population, economic, and job growth in the country. Here is the list of our top ten Highrises.com up-and-coming cities, 2019 edition.
1. Atlanta, Georgia
Atlanta is pretty friendly to builders, but that isn't stopping people from buying up inventory faster than it comes on the market. Consider a pre-construction sale if you want to compete with the wave of buyers moving here.
Median household income: $53,843
Median home price: $224,100
Building permits up 72.2 year-over-year (October 2018)
2. Austin, Texas
Austin just got big news that will certainly change the housing market: Apple is adding 5,000 new jobs. Sales volume in the metro area was already high, and it's bound to go higher.
Median household income: $66,697
Median home price: $318,200
Sales volume up 5.6% year-over-year (November 2018)
3. Charlotte, North Carolina
It's no secret why Charlotte is booming — there's been an explosion of finance jobs. That's reflected in a higher median income, but not necessarily in higher home prices.
Median household income: $61,017
Median home price: $245,000
4. Dallas, Texas
Dallas was in a boom for several years, driven by new jobs and high demand for the urban lifestyle the city offers. There's evidence that the housing market is diversifying by developers now adding more affordable housing.
Median household income: $47,243
Median home price: $262,100
5. Denver, Colorado
The mile-high city has plenty of culture and recreation. One spot to watch is up-and-coming West Colfax, but the CBD and DTC are also great markets.
Median household income: $61,105
Median home price: $450,100
6. Fort Worth, Texas
Fort Worth, like its neighbor, Dallas, could be a good place to look for luxury apartments in the coming year. There's been a huge increase in new home supply over the past years, which gives you plenty of options.
Median household income: $56,428
Median home price: $262,100
7. Las Vegas, Nevada
Las Vegas is a famous vacation destination, but more people are settling down here. High-end towers with luxury appointments are the norm, especially on the strip.
Median household income: $51,115
Median home price: $294,600
8. Nashville, Tennessee
Nashville is the capitol of Tennessee and is legendary for it’s music scene but people have begun flocking to Music City for more than entertainment. The city’s job market, especially for tech is strong, the cost of living is relatively low, and there is a ton of excitement and opportunity.
Median household income: $54,310
Median home price: $262,000
9. Orlando, Florida
Known as the “Theme Park Capital of the World”, Orlando is a bustling city full of fun, history, culture, and industry. Whether you are looking for work in aerospace, hospitality, technology, media, or anything else, Orlando has jobs. Which is a big factor in its growth over the last year, continuing into 2019.
Median household income: $46,761
Median home price: $266,000
10. San Antonio, Texas
In 2018, San Antonio was the fastest growing city in the United States and there is no sign of it’s growth slowing any time soon. It has a relatively low cost of living and a booming economy and job market but not only that, it’s a great place to live. There’s plenty to do, a rich history, and an incredible sense of community.
Median household income: $49,268
Median home price: $231,800
You may want to look away from the coastal mega-markets for your next investment opportunity. Check out our nationwide directory of condos, complete with up-to-date property information from regional pros.