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    The 10 Best Real Estate Markets of 2023

    After the housing market slow-down in 2022, which markets will shine in 2023? 

    With mortgage rates almost doubling since the beginning of the year and home prices continuing to rise due to low inventory, affordability remains a big concern for buyers. We’ll be referencing this article.

    Based on a report by Danielle Hale, chief economist for Realtor.com, here are the housing market predictions for 2023.

    2023 Top Housing Markets

    1. Hartford-West Hartford, Connecticut

    November 2022 median home price: $372,000

    Forecasted 2023 home sales change: +6.5%

    2.  El Paso, Texas

    November 2022 median home price: $291,000

    Forecasted 2023 home sales change: +8.9%

    3. Louisville,  Kentucky

    November 2022 median home price: $290,000

    Forecasted 2023 home sales change: +5.2%

    4. Worcester, Massachusetts

    November 2022 median home price: $447,000

    Forecasted 2023 home sales change: +2.5%

    5.  Buffalo-Cheektowaga, New York

    November 2022 median home price: $240,000

    Forecasted 2023 home sales change: +6.3%

    6.  Augusta-Richmond County, Georgia, South Carolina

    November 2022 median home price: $319,000

    Forecasted 2023 home sales change: +6.2%

    7.  Grand Rapids-Wyoming, Michigan

    November 2022 median home price: $358,000

    Forecasted 2023 home sales change: +1.6%

    8.  Columbia, South Carolina

    November 2022 median home price: $300,000

    Forecasted 2023 home sales change: +7.7%

    9.  Chattanooga, Tennessee -Georgia

    November 2022 median home price: $397,000

    Forecasted 2023 home sales change: +2.9%

    10.  Toledo, Ohio

    November 2022 median home price: $161,000

    Forecasted 2023 home sales change: +4.2%

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