Valley ranked among top 10 U.S. housing markets in Realtor.com 2025 forecast

The Valley’s housing market was given high rankings by Realtor.com in its 2025 forecast.

The Phoenix metro was ranked eighth out of 100 U.S. markets on Realtor.com’s forecast, putting it ahead of markets such as the Atlanta metro or the Greensboro area in North Carolina, according to a press release. The forecast highlights markets primed for growth in 2025, characterized by moderately affordable homes, abundant inventory and a sizable base of younger families.

The ranking order for the top 10 markets for 2025 are as follows:

• Colorado Springs, Colorado;
• Miami-Fort Lauderdale-Pompano Beach, Florida.;
• Virginia Beach-Norfolk-Newport News, Virginia;
• El Paso, Texas;
• Richmond, Virginia;
• Orlando-Kissimmee-Sanford, Florida;
• McAllen-Edinburg-Mission, Texas;
• Phoenix-Mesa-Chandler, Arizona;
• Atlanta-Sandy Springs-Alpharetta;
• Greensboro-High Point, North Carolina

Realtor.com also released projections for the Valley metro area for 2025:

• 2025 existing home sale counts year-over-year: 12.2%
• 2025 existing home sale counts vs 2017-19 Average: 19.1%
• 2025 existing home median sale price year-over-year: 13.2%
• 2025 existing home median sale price vs 2017-19 Average: 76.1%
• Combined 2025 existing home sales and price growth: 25.5%

“Phoenix continues to make its mark as a desirable housing market, and it’s easy to see why. We have a reputation for economic resilience, not to mention a consistently growing number of people looking to call this region home,” said Sheryl Bowden, board president of Phoenix Realtors. “As we head into 2025, the Phoenix market shows signs of increased opportunity for buyers and sellers with lower interest rates and plenty of inventory to go around.”

For information on the 2025 top housing markets, visit https://www.realtor.com/research/top-housing-markets-2025/.