Where to Invest: 10 Affordable Cities Poised to Become Million-Dollar Markets

Thinking About Becoming a Real Estate Investor?

With home prices rising in certain parts of the country, several affordable areas are poised to break the six-figure ceiling. According to Realtor.com, most of these markets are in the West and Midwest. Unsurprisingly, they’re close to bigger, more expensive metros.

To determine where these markets are, Realtor.com economists examined sales price growth America’s 100 largest metros between 2014 and 2019 (a five-year stretch that skirts jarring anomalies such as the recession and pandemic). The team then applied that same growth trajectory from 2023 to 2028 to project where home prices will be in five years and then to 2033 to gauge where prices will go in the next 10 years.


Based on growth projections of their proprietary data, here are the top 10 affordable cities poised to become million-dollar markets within the next decade:

Boise, ID
Salt Lake City, UT
Portland, OR
Colorado Spring, CO
Stockton, CA
Denver, CO
Sacramento, CA
Boston, MA
Honolulu, HI
Seattle, WA

Of course, no one can promise that this is where the markets will end up—plenty of forces could alter this trajectory. However, it is important to keep an eye on where prices might be heading. These definitely are growth markets, and every buyer and real estate investor should be positioning themselves to capitalize.

-via Realtor.com