Here’s how much it costs to buy a home in the 10 hottest housing markets of 2018

Seattle's real estate market is still going strong.

caption
Seattle’s real estate market is still going strong.
source
Artazum/Shutterstock

The US housing market has regained its momentum.

About half of all homes in the country are worth as much or more than they were in April 2007, during America’s most recent housing boom, according to data from Zillow.

But some real estate markets are really on fire, with quickly rising home values and rental prices, increasing populations, low unemployment rates, steady income growth, and strong job opportunities, according to Zillow’s latest housing report.

Below, check out the top 10 hottest real estate markets in America for 2018, along with median home values and rent prices, median household income, and projected year-over-year growth.


10. Dallas, Texas

source
Arina P Habich/Shutterstock

Median household income: $63,812

Median home value: $218,300

Median rent: $1,621

Real estate market growth forecast: 4.7%


9. Portland, Oregon

source
Robert Crum/Shutterstock

Median household income: $68,676

Median home value: $370,700

Median rent: $1,902

Real estate market growth forecast: 3.7%


8. Nashville, Tennessee

source
James R. Martin/Shutterstock

Median household income: $60,030

Median home value: $228,900

Median rent: $1,498

Real estate market growth forecast: 3.8%


7. Denver, Colorado

source
EdgeOfReason/Shutterstock

Median household income: $71,926

Median home value: $376,500

Median rent: $2,056

Real estate market growth forecast: 3%


6. Austin, Texas

source
SoleilC/Shutterstock

Median household income: $71,000

Median home value: $277,600

Median rent:$1,713

Real estate market growth forecast: 3.3%


5. San Francisco, California

source
sergeigussev/Flickr

Median household income: $96,677

Median home value: $893,100

Median rent: $3,413

Real estate market growth forecast: 3.8%


4. Charlotte, North Carolina

source
Joseph Sohm/Shutterstock

Median household income: $59,979

Median home value: $181,600

Median rent: $1,300

Real estate market growth forecast: 4%


3. Seattle, Washington

source
Artazum/Shutterstock

Median household income: $78,612

Median home value: $463,800

Median rent: $2,243

Real estate market growth forecast: 5.4%


2. Raleigh, North Carolina

source
AlexLinck/Shutterstock

Median household income: $71,685

Median home value: $233,900

Median rent: $1,441

Real estate market growth forecast: 3.7%


1. San Jose, California

source
Sundry Photography/Shutterstock

Median household income: $110,040

Median home value: $1,128,300

Median rent: $3,514

Real estate market growth forecast: 8.9%