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The nation’s top markets in 2022 are mostly growing business and tech hubs that offer affordability and more job opportunities away from the coast. Many remote workers flocked to cheaper residential areas to escape city life in 2021, and more are expected to relocate in 2022. Areas with greater demand, more affordability, and strong local economic growth are taking the top spots on Realtor.com’s list of the hottest housing markets in 2022.
At the very top of the list is Salt Lake City, due, in part, to its burgeoning tech scene and significant sales growth, but also its proximity to some of the nation’s top skiing resorts and natural landmarks.
The nation’s top markets of 2022 are largely tech hubs in the Mountain West and Midwest that offer an affordable alternative to overpriced cities on the coasts. (There are a few areas in the Northeast and on the West Coast as well.) These are places that also have healthy economies of their own, with low unemployment rates and substantial job growth.
“Our top housing markets are attracting remote-minded workers, possibly interested in snagging a big-city salary while still enjoying the quality of life that these generally smaller areas afford,” says Realtor.com Chief Economist Danielle Hale.
“Buyers in these areas can look forward to a competitive market that will require a focused approach,” Hale says. That means setting a firm budget and a list of true must-haves “so you don’t get carried away in a bidding war.”
For Realtor.com’s full list of the hottest housing markets for 2022 …
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