For the second year in a row, Zillow — a real estate website — predicts that a specific city in New York will be the most competitive for buyers in the coming year in the United States. Buffalo is predicted by Zillow to have the hottest housing market in the United States.
The hottest housing markets shared relative affordability and supply that trailed demand, Zillow said in its report. Indianapolis' second-place ranking was attributed to its strong home price forecast for 2025, increasing from 2.8% annual appreciation in 2024 to 3.4% in 2025.
Buffalo, NY nabbed the top spot on Zillow's 2025 hottest housing market predictions for the second year in a row.
In upstate New York, there’s a red-hot housing market to watch this year, according to Zillow — though its construction is struggling to keep up.
Zillow has forecasted the hottest housing markets for 2025, highlighting Connecticut's Hartford area as seeing significant growth and popularity.
Providence continues to be one of the hottest real estate markets in the country, as the state is in the grip of a housing crisis. In a Zillow ranking released on Tuesday, Providence and its metro area ranked as the third-hottest market in the country,
Buffalo is home to the hottest major housing market in 2025, according to a newly released report by Zillow, and it's the first time a market has held the title in back-to-back years.
Zillow says relative affordability and job growth will be the key drivers among the most competitive markets for buyers in 2025.
While the city is best known for being the home of the Buffalo Bills and the birthplace of the chicken wing, Buffalo became the booming metropolitan area to move to in 2024 and the demand is still going strong in the new year — and it turns out what defines a “hot” job market is a little more nuanced than I previously expected.
Buffalo- a city that sits on New York’s western border with Canada has been named the hottest housing market for 2025, according to a new report from Zillow. This recognition comes as the city grapples with a growing gap between housing demand and supply.
Zillow currently reports that the strongest housing markets for sellers are in the Northeast. That includes multiple New York cities — Rochester, Syracuse, Buffalo, and New York City — as well as metros in Connecticut, Massachusetts, and Rhode Island. The only non-Northeastern city considered a “strong seller’s market” is San Jose, California.
A new rezoning plan for the city aims to remove long-outdated barriers to building housing and to spread development across all the city’s neighborhoods.