U.S. Metro Housing Market Rankings

2025-12 · 287 metros scored

Use this table to compare metro risk levels, cycle position, and liquidity conditions.

Market Signals (281 metros)Liquidity:164 Stable55 Watch59 Stress|Valuation:258 Balanced18 Compressed0 Extreme

Cycle Phase (281 metros)

120 Recovery72 Expansion67 Hypersupply28 Recession

Risk

Cycle

Momentum

Liquidity

Valuation

Permits

Tap a row to expand details

Core Risk					Structural Drivers						Market Signals		Cycle
#↑	Metro	Score	Risk Band	Chg	Price	Permits	Per Cap	Afford	Employ	Migr	Liquidity	Valuation	Diverg.	Cycle
6	Panama City, FL37460	70	ElevatedElevated	▼ 9	96	25	93	84	95	30	Stable—	Compressed—	—	Expansion	›
Structural Drivers Price96 Permits25 Per Cap93 Afford84 Employ95 Migr30 LiqStable— ValCompressed— CycleExpansion Full metro detail →
12	Homosassa Springs, FL26140	67	ElevatedElevated	▼ 3	55	36	97	100	87	25	Stress↓	Balanced—	—	Hypersupply	›
Structural Drivers Price55 Permits36 Per Cap97 Afford100 Employ87 Migr25 LiqStress↓ ValBalanced— CycleHypersupply Full metro detail →
19	Bowling Green, KY14540	64	ElevatedElevated	▼ 6	51	65	84	53	75	54	Stable—	Balanced—	—	Expansion	›
Structural Drivers Price51 Permits65 Per Cap84 Afford53 Employ75 Migr54 LiqStable— ValBalanced— CycleExpansion Full metro detail →
28	La Crosse, WI-MN29100	63	ElevatedElevated	▼ 4	90	88	37	73	23	67	Stable↑	Compressed—	Moderate	Expansion	›
Structural Drivers Price90 Permits88 Per Cap37 Afford73 Employ23 Migr67 LiqStable↑ ValCompressed— DivergModerate CycleExpansion Full metro detail →
30	Atlantic City, NJ12100	62	ElevatedElevated	▼ 6	76	44	52	89	88	26	Stable↓	Balanced↑	—	Recovery	›
Structural Drivers Price76 Permits44 Per Cap52 Afford89 Employ88 Migr26 LiqStable↓ ValBalanced↑ CycleRecovery Full metro detail →
30	Omaha, NE-IA36540	62	ElevatedElevated	▼ 7	66	40	74	20	87	88	Stable—	Balanced—	Moderate	Recovery	›
Structural Drivers Price66 Permits40 Per Cap74 Afford20 Employ87 Migr88 LiqStable— ValBalanced— DivergModerate CycleRecovery Full metro detail →
37	Kansas City, MO-KS28140	61	ElevatedElevated	▼ 3	60	51	53	35	78	90	Watch↓	Balanced—	Moderate	Recovery	›
Structural Drivers Price60 Permits51 Per Cap53 Afford35 Employ78 Migr90 LiqWatch↓ ValBalanced— DivergModerate CycleRecovery Full metro detail →
41	McAllen, TX32580	60	NeutralNeutral	▼ 4	70	44	84	79	8	76	Watch↓	Balanced—	—	Recovery	›
Structural Drivers Price70 Permits44 Per Cap84 Afford79 Employ8 Migr76 LiqWatch↓ ValBalanced— CycleRecovery Full metro detail →
41	Lynchburg, VA31340	60	NeutralNeutral	▼ 12	81	11	52	72	81	60	Stress↓	Balanced↑	High	Hypersupply	›
Structural Drivers Price81 Permits11 Per Cap52 Afford72 Employ81 Migr60 LiqStress↓ ValBalanced↑ DivergHigh CycleHypersupply Full metro detail →
49	Prescott Valley, AZ39150	59	NeutralNeutral	▼ 8	76	28	77	93	69	10	—	Balanced—	—	Expansion	›
Structural Drivers Price76 Permits28 Per Cap77 Afford93 Employ69 Migr10 ValBalanced— CycleExpansion Full metro detail →
55	Eugene, OR21660	58	NeutralNeutral	▼ 11	48	35	51	86	85	43	Stable↓	Balanced↓	—	Recovery	›
Structural Drivers Price48 Permits35 Per Cap51 Afford86 Employ85 Migr43 LiqStable↓ ValBalanced↓ CycleRecovery Full metro detail →
55	Providence, RI-MA39300	58	NeutralNeutral	▼ 4	62	86	10	77	59	55	Stable—	Balanced—	Moderate	Expansion	›
Structural Drivers Price62 Permits86 Per Cap10 Afford77 Employ59 Migr55 LiqStable— ValBalanced— DivergModerate CycleExpansion Full metro detail →
55	Pensacola, FL37860	58	NeutralNeutral	▼ 3	42	43	72	83	77	28	Stable↓	Balanced—	—	Recovery	›
Structural Drivers Price42 Permits43 Per Cap72 Afford83 Employ77 Migr28 LiqStable↓ ValBalanced— CycleRecovery Full metro detail →
55	Milwaukee, WI33340	58	NeutralNeutral	▼ 12	80	30	20	30	91	94	Stable—	Balanced—	High	Expansion	›
Structural Drivers Price80 Permits30 Per Cap20 Afford30 Employ91 Migr94 LiqStable— ValBalanced— DivergHigh CycleExpansion Full metro detail →
55	Billings, MT13740	58	NeutralNeutral	▼ 8	44	22	65	77	86	52	Stable↓	Balanced—	—	Recovery	›
Structural Drivers Price44 Permits22 Per Cap65 Afford77 Employ86 Migr52 LiqStable↓ ValBalanced— CycleRecovery Full metro detail →
55	Duluth, MN-WI20260	58	NeutralNeutral	▼ 7	98	10	27	97	66	47	Stable—	Compressed—	Moderate	Expansion	›
Structural Drivers Price98 Permits10 Per Cap27 Afford97 Employ66 Migr47 LiqStable— ValCompressed— DivergModerate CycleExpansion Full metro detail →
55	Florence, SC22500	58	NeutralNeutral	▼ 1	83	70	56	74	3	63	Watch↑	Balanced↓	—	Hypersupply	›
Structural Drivers Price83 Permits70 Per Cap56 Afford74 Employ3 Migr63 LiqWatch↑ ValBalanced↓ CycleHypersupply Full metro detail →
71	Dothan, AL20020	57	NeutralNeutral	▼ 1	100	39	46	38	62	56	Stable↓	Compressed↑	High	Recovery	›
Structural Drivers Price100 Permits39 Per Cap46 Afford38 Employ62 Migr56 LiqStable↓ ValCompressed↑ DivergHigh CycleRecovery Full metro detail →
71	Bellingham, WA13380	57	NeutralNeutral	▼ 7	39	53	62	87	78	22	Stress↓	Balanced—	—	Hypersupply	›
Structural Drivers Price39 Permits53 Per Cap62 Afford87 Employ78 Migr22 LiqStress↓ ValBalanced— CycleHypersupply Full metro detail →
76	South Bend, IN-MI43780	56	NeutralNeutral	▼ 11	74	37	31	70	46	80	Stable—	Balanced↑	—	Expansion	›
Structural Drivers Price74 Permits37 Per Cap31 Afford70 Employ46 Migr80 LiqStable— ValBalanced↑ CycleExpansion Full metro detail →
76	Oshkosh, WI36780	56	NeutralNeutral	▼ 10	84	47	48	50	58	49	Stress↑	Balanced—	—	Recession	›
Structural Drivers Price84 Permits47 Per Cap48 Afford50 Employ58 Migr49 LiqStress↑ ValBalanced— CycleRecession Full metro detail →
87	Jackson, MI27100	55	NeutralNeutral	▼ 3	99	95	17	59	15	44	Stable↑	Compressed—	—	Expansion	›
Structural Drivers Price99 Permits95 Per Cap17 Afford59 Employ15 Migr44 LiqStable↑ ValCompressed— CycleExpansion Full metro detail →
87	Hagerstown, MD-WV25180	55	NeutralNeutral	▼ 1	89	39	65	23	91	22	Watch↓	Balanced—	High	Recovery	›
Structural Drivers Price89 Permits39 Per Cap65 Afford23 Employ91 Migr22 LiqWatch↓ ValBalanced— DivergHigh CycleRecovery Full metro detail →
87	Cedar Rapids, IA16300	55	NeutralNeutral	▼ 3	77	45	50	2	85	72	Stable↓	Balanced—	High	Recovery	›
Structural Drivers Price77 Permits45 Per Cap50 Afford2 Employ85 Migr72 LiqStable↓ ValBalanced— DivergHigh CycleRecovery Full metro detail →
94	Muskegon, MI34740	54	NeutralNeutral	▼ 3	73	61	33	97	15	45	Stable↑	Balanced↑	—	Expansion	›
Structural Drivers Price73 Permits61 Per Cap33 Afford97 Employ15 Migr45 LiqStable↑ ValBalanced↑ CycleExpansion Full metro detail →
94	Valdosta, GA46660	54	NeutralNeutral	▼ 1	8	35	70	54	98	57	Stress↑	Balanced↑	—	Recession	›
Structural Drivers Price8 Permits35 Per Cap70 Afford54 Employ98 Migr57 LiqStress↑ ValBalanced↑ CycleRecession Full metro detail →
94	Shreveport, LA43340	54	NeutralNeutral	▼ 2	73	60	35	34	46	77	Stable—	Balanced—	High	Expansion	›
Structural Drivers Price73 Permits60 Per Cap35 Afford34 Employ46 Migr77 LiqStable— ValBalanced— DivergHigh CycleExpansion Full metro detail →
94	Dover, DE20100	54	NeutralNeutral	▼ 4	98	59	75	22	37	33	Stable↓	Compressed↓	—	Recovery	›
Structural Drivers Price98 Permits59 Per Cap75 Afford22 Employ37 Migr33 LiqStable↓ ValCompressed↓ CycleRecovery Full metro detail →
108	Rockford, IL40420	53	NeutralNeutral	▼ 4	91	69	6	6	82	65	Stress↑	Balanced↓	—	Recession	›
Structural Drivers Price91 Permits69 Per Cap6 Afford6 Employ82 Migr65 LiqStress↑ ValBalanced↓ CycleRecession Full metro detail →
108	El Paso, TX21340	53	NeutralNeutral	▼ 2	28	42	29	72	62	83	Stable—	Balanced—	—	Recovery	›
Structural Drivers Price28 Permits42 Per Cap29 Afford72 Employ62 Migr83 LiqStable— ValBalanced— CycleRecovery Full metro detail →
108	Seattle, WA42660	53	NeutralNeutral	▼ 3	25	32	51	43	70	98	Watch—	Balanced—	High	Hypersupply	›
Structural Drivers Price25 Permits32 Per Cap51 Afford43 Employ70 Migr98 LiqWatch— ValBalanced— DivergHigh CycleHypersupply Full metro detail →
108	Fresno, CA23420	53	NeutralNeutral	▼ 7	53	34	37	74	52	67	Watch↑	Balanced—	—	Hypersupply	›
Structural Drivers Price53 Permits34 Per Cap37 Afford74 Employ52 Migr67 LiqWatch↑ ValBalanced— CycleHypersupply Full metro detail →
108	Baton Rouge, LA12940	53	NeutralNeutral	▼ 4	65	85	59	29	9	70	Stable—	Balanced—	Moderate	Expansion	›
Structural Drivers Price65 Permits85 Per Cap59 Afford29 Employ9 Migr70 LiqStable— ValBalanced— DivergModerate CycleExpansion Full metro detail →
108	Janesville, WI27500	53	NeutralNeutral	▼ 20	95	5	27	64	76	49	Watch↑	Balanced—	—	Recession	›
Structural Drivers Price95 Permits5 Per Cap27 Afford64 Employ76 Migr49 LiqWatch↑ ValBalanced— CycleRecession Full metro detail →
108	St. Cloud, MN41060	53	NeutralNeutral	▼ 1	34	37	45	49	80	73	Watch↑	Balanced—	—	Hypersupply	›
Structural Drivers Price34 Permits37 Per Cap45 Afford49 Employ80 Migr73 LiqWatch↑ ValBalanced— CycleHypersupply Full metro detail →
120	Bakersfield, CA12540	52	NeutralNeutral	▼ 5	30	58	41	71	23	86	Stable↓	Balanced—	—	Recovery	›
Structural Drivers Price30 Permits58 Per Cap41 Afford71 Employ23 Migr86 LiqStable↓ ValBalanced— CycleRecovery Full metro detail →
120	Mobile, AL33660	52	NeutralNeutral	▼ 16	32	5	33	69	90	81	Stable↓	Balanced—	—	Recovery	›
Structural Drivers Price32 Permits5 Per Cap33 Afford69 Employ90 Migr81 LiqStable↓ ValBalanced— CycleRecovery Full metro detail →
120	Brownsville, TX15180	52	NeutralNeutral	▼ 4	27	59	62	88	7	70	Stable—	Balanced—	—	Expansion	›
Structural Drivers Price27 Permits59 Per Cap62 Afford88 Employ7 Migr70 LiqStable— ValBalanced— CycleExpansion Full metro detail →
120	Dayton, OH19430	52	NeutralNeutral	▼ 6	87	46	28	7	62	85	—	Balanced—	High	Expansion	›
Structural Drivers Price87 Permits46 Per Cap28 Afford7 Employ62 Migr85 ValBalanced— DivergHigh CycleExpansion Full metro detail →
120	Lake Havasu City, AZ29420	52	NeutralNeutral	▼ 9	17	12	87	99	86	14	Stable↓	Balanced—	—	Recovery	›
Structural Drivers Price17 Permits12 Per Cap87 Afford99 Employ86 Migr14 LiqStable↓ ValBalanced— CycleRecovery Full metro detail →
131	Kennewick, WA28420	51	NeutralNeutral	▼ 1	51	46	75	26	70	37	Watch—	Balanced—	—	Hypersupply	›
Structural Drivers Price51 Permits46 Per Cap75 Afford26 Employ70 Migr37 LiqWatch— ValBalanced— CycleHypersupply Full metro detail →
131	Athens, GA12020	51	NeutralNeutral	▼ 17	10	10	70	97	76	42	Stress↑	Balanced—	Moderate	Recession	›
Structural Drivers Price10 Permits10 Per Cap70 Afford97 Employ76 Migr42 LiqStress↑ ValBalanced— DivergModerate CycleRecession Full metro detail →
137	Idaho Falls, ID26820	50	NeutralNeutral	▼ 10	53	2	90	70	41	45	Stable↓	Balanced—	Moderate	Recovery	›
Structural Drivers Price53 Permits2 Per Cap90 Afford70 Employ41 Migr45 LiqStable↓ ValBalanced— DivergModerate CycleRecovery Full metro detail →
137	College Station, TX17780	50	NeutralNeutral	▼ 3	5	67	89	94	3	43	Stable↑	Balanced—	High	Expansion	›
Structural Drivers Price5 Permits67 Per Cap89 Afford94 Employ3 Migr43 LiqStable↑ ValBalanced— DivergHigh CycleExpansion Full metro detail →
137	Buffalo, NY15380	50	NeutralNeutral	▼ 6	92	29	5	59	25	91	Stable↓	Balanced—	—	Recovery	›
Structural Drivers Price92 Permits29 Per Cap5 Afford59 Employ25 Migr91 LiqStable↓ ValBalanced— CycleRecovery Full metro detail →
137	Corpus Christi, TX18580	50	NeutralNeutral	▼ 2	2	71	59	60	25	82	Stable↓	Balanced—	Moderate	Recovery	›
Structural Drivers Price2 Permits71 Per Cap59 Afford60 Employ25 Migr82 LiqStable↓ ValBalanced— DivergModerate CycleRecovery Full metro detail →
137	Boston, MA-NH14460	50	NeutralNeutral	▼ 8	65	22	19	24	72	98	Watch↑	Balanced—	Moderate	Hypersupply	›
Structural Drivers Price65 Permits22 Per Cap19 Afford24 Employ72 Migr98 LiqWatch↑ ValBalanced— DivergModerate CycleHypersupply Full metro detail →
137	New York, NY-NJ35620	50	NeutralNeutral	▼ 2	72	19	30	35	41	100	Stable—	Balanced—	—	Expansion	›
Structural Drivers Price72 Permits19 Per Cap30 Afford35 Employ41 Migr100 LiqStable— ValBalanced— CycleExpansion Full metro detail →
137	Trenton, NJ45940	50	NeutralNeutral	▼ 15	86	7	51	6	69	84	Stress↑	Balanced—	—	Recession	›
Structural Drivers Price86 Permits7 Per Cap51 Afford6 Employ69 Migr84 LiqStress↑ ValBalanced— CycleRecession Full metro detail →
137	Wilmington, NC48900	50	NeutralNeutral	▼ 11	68	34	99	88	4	8	Stress↓	Balanced—	Moderate	Hypersupply	›
Structural Drivers Price68 Permits34 Per Cap99 Afford88 Employ4 Migr8 LiqStress↓ ValBalanced— DivergModerate CycleHypersupply Full metro detail →
137	Davenport, IA-IL19340	50	NeutralNeutral	▼ 12	72	30	13	19	90	73	Stable↓	Balanced—	High	Recovery	›
Structural Drivers Price72 Permits30 Per Cap13 Afford19 Employ90 Migr73 LiqStable↓ ValBalanced— DivergHigh CycleRecovery Full metro detail →
150	Gainesville, GA23580	49	NeutralNeutral	▼ 12	44	31	80	52	62	23	Stress↓	—	—	Hypersupply	›
Structural Drivers Price44 Permits31 Per Cap80 Afford52 Employ62 Migr23 LiqStress↓ CycleHypersupply Full metro detail →
150	St. Louis, MO-IL41180	49	NeutralNeutral	▼ 2	62	34	25	13	63	96	Stable—	Balanced—	Moderate	Expansion	›
Structural Drivers Price62 Permits34 Per Cap25 Afford13 Employ63 Migr96 LiqStable— ValBalanced— DivergModerate CycleExpansion Full metro detail →
150	Macon, GA31420	49	NeutralNeutral	▼ 2	72	28	24	50	67	51	Stable—	Balanced—	High	Expansion	›
Structural Drivers Price72 Permits28 Per Cap24 Afford50 Employ67 Migr51 LiqStable— ValBalanced— DivergHigh CycleExpansion Full metro detail →
150	Washington, DC-VA-MD-WV47900	49	NeutralNeutral	▼ 3	42	21	34	2	98	98	Stress↓	Balanced—	—	Hypersupply	›
Structural Drivers Price42 Permits21 Per Cap34 Afford2 Employ98 Migr98 LiqStress↓ ValBalanced— CycleHypersupply Full metro detail →
150	Midland, TX33260	49	NeutralNeutral	▼ 14	16	35	78	75	10	79	Watch↑	Balanced—	—	Hypersupply	›
Structural Drivers Price16 Permits35 Per Cap78 Afford75 Employ10 Migr79 LiqWatch↑ ValBalanced— CycleHypersupply Full metro detail →
158	Atlanta, GA12060	48	NeutralNeutral	▼ 5	16	23	63	25	63	95	Stable↓	Balanced—	—	Recovery	›
Structural Drivers Price16 Permits23 Per Cap63 Afford25 Employ63 Migr95 LiqStable↓ ValBalanced— CycleRecovery Full metro detail →
158	Columbus, GA-AL17980	48	NeutralNeutral	▼ 6	93	15	17	49	28	84	Stable—	Balanced—	High	Recovery	›
Structural Drivers Price93 Permits15 Per Cap17 Afford49 Employ28 Migr84 LiqStable— ValBalanced— DivergHigh CycleRecovery Full metro detail →
158	Daphne, AL19300	48	NeutralNeutral	▼ 6	33	18	96	57	67	20	Stable↓	Balanced↓	—	Recovery	›
Structural Drivers Price33 Permits18 Per Cap96 Afford57 Employ67 Migr20 LiqStable↓ ValBalanced↓ CycleRecovery Full metro detail →
158	Hilton Head Island, SC25940	48	NeutralNeutral	▼ 1	49	53	97	78	2	10	Stable↓	Balanced—	—	Recovery	›
Structural Drivers Price49 Permits53 Per Cap97 Afford78 Employ2 Migr10 LiqStable↓ ValBalanced— CycleRecovery Full metro detail →
168	Johnson City, TN27740	47	NeutralNeutral	▼ 16	59	4	54	98	22	46	Stress↓	Balanced↑	High	Hypersupply	›
Structural Drivers Price59 Permits4 Per Cap54 Afford98 Employ22 Migr46 LiqStress↓ ValBalanced↑ DivergHigh CycleHypersupply Full metro detail →
168	Niles, MI35660	47	NeutralNeutral	▼ 1	52	61	28	64	48	29	Stable↑	Balanced—	—	Expansion	›
Structural Drivers Price52 Permits61 Per Cap28 Afford64 Employ48 Migr29 LiqStable↑ ValBalanced— CycleExpansion Full metro detail →
177	Grand Junction, CO24300	46	NeutralNeutral	▼ 5	4	13	58	92	77	31	Stress↓	Balanced—	—	Hypersupply	›
Structural Drivers Price4 Permits13 Per Cap58 Afford92 Employ77 Migr31 LiqStress↓ ValBalanced— CycleHypersupply Full metro detail →
177	Jefferson City, MO27620	46	NeutralNeutral	▼ 1	99	52	9	46	7	63	Stable↑	Balanced—	High	Expansion	›
Structural Drivers Price99 Permits52 Per Cap9 Afford46 Employ7 Migr63 LiqStable↑ ValBalanced— DivergHigh CycleExpansion Full metro detail →
177	Santa Maria, CA42200	46	NeutralNeutral	▼ 9	79	47	15	77	38	23	Watch—	Balanced—	—	Hypersupply	›
Structural Drivers Price79 Permits47 Per Cap15 Afford77 Employ38 Migr23 LiqWatch— ValBalanced— CycleHypersupply Full metro detail →
177	Spokane, WA44060	46	NeutralNeutral	▼ 8	23	16	60	67	92	17	Watch—	Balanced—	—	Hypersupply	›
Structural Drivers Price23 Permits16 Per Cap60 Afford67 Employ92 Migr17 LiqWatch— ValBalanced— CycleHypersupply Full metro detail →
177	El Centro, CA20940	46	NeutralNeutral	▼ 10	95	2	4	94	11	72	Watch↓	Balanced↑	—	Recovery	›
Structural Drivers Price95 Permits2 Per Cap4 Afford94 Employ11 Migr72 LiqWatch↓ ValBalanced↑ CycleRecovery Full metro detail →
177	Binghamton, NY13780	46	NeutralNeutral	▼ 11	97	17	10	54	23	72	Stable↓	Balanced—	—	Recovery	›
Structural Drivers Price97 Permits17 Per Cap10 Afford54 Employ23 Migr72 LiqStable↓ ValBalanced— CycleRecovery Full metro detail →
177	Kahului, HI27980	46	NeutralNeutral	▼ 12	92	44	57	51	2	27	Watch—	Compressed—	—	Recession	›
Structural Drivers Price92 Permits44 Per Cap57 Afford51 Employ2 Migr27 LiqWatch— ValCompressed— CycleRecession Full metro detail →
177	Philadelphia, PA-NJ-DE-MD37980	46	NeutralNeutral	▼ 4	69	50	23	19	16	97	Stable↓	Balanced—	Moderate	Recovery	›
Structural Drivers Price69 Permits50 Per Cap23 Afford19 Employ16 Migr97 LiqStable↓ ValBalanced— DivergModerate CycleRecovery Full metro detail →
194	Chicago, IL-IN16980	45	NeutralNeutral	▼ 9	80	41	15	1	36	99	Stable—	Balanced—	High	Expansion	›
Structural Drivers Price80 Permits41 Per Cap15 Afford1 Employ36 Migr99 LiqStable— ValBalanced— DivergHigh CycleExpansion Full metro detail →
194	Las Vegas, NV29820	45	NeutralNeutral	▼ 1	2	56	69	52	89	1	Stress↓	Balanced↓	—	Hypersupply	›
Structural Drivers Price2 Permits56 Per Cap69 Afford52 Employ89 Migr1 LiqStress↓ ValBalanced↓ CycleHypersupply Full metro detail →
194	Ocala, FL36100	45	NeutralNeutral	▼ 9	10	25	98	95	31	9	Stress↓	Balanced—	—	Hypersupply	›
Structural Drivers Price10 Permits25 Per Cap98 Afford95 Employ31 Migr9 LiqStress↓ ValBalanced— CycleHypersupply Full metro detail →
194	Fort Wayne, IN23060	45	NeutralNeutral	▼ 1	67	10	42	38	50	61	Stable↓	Balanced—	Moderate	Recovery	›
Structural Drivers Price67 Permits10 Per Cap42 Afford38 Employ50 Migr61 LiqStable↓ ValBalanced— DivergModerate CycleRecovery Full metro detail →
194	Hanford, CA25260	45	NeutralNeutral	▼ 10	18	3	40	45	93	69	Stable↓	Balanced↓	—	Recovery	›
Structural Drivers Price18 Permits3 Per Cap40 Afford45 Employ93 Migr69 LiqStable↓ ValBalanced↓ CycleRecovery Full metro detail →
194	Odessa, TX36220	45	NeutralNeutral	▼ 8	6	38	67	66	8	83	Stress↑	Balanced—	—	Recession	›
Structural Drivers Price6 Permits38 Per Cap67 Afford66 Employ8 Migr83 LiqStress↑ ValBalanced— CycleRecession Full metro detail →
194	Yuma, AZ49740	45	NeutralNeutral	▼ 12	43	19	63	69	41	35	Stable↓	Balanced—	—	Recovery	›
Structural Drivers Price43 Permits19 Per Cap63 Afford69 Employ41 Migr35 LiqStable↓ ValBalanced— CycleRecovery Full metro detail →
203	Vineland, NJ47220	44	NeutralNeutral	▼ 11	71	50	9	66	13	58	Stable↑	Balanced—	—	Expansion	›
Structural Drivers Price71 Permits50 Per Cap9 Afford66 Employ13 Migr58 LiqStable↑ ValBalanced— CycleExpansion Full metro detail →
203	Green Bay, WI24580	44	NeutralNeutral	▼ 17	90	17	54	28	12	61	Stress↑	Balanced↓	High	Recession	›
Structural Drivers Price90 Permits17 Per Cap54 Afford28 Employ12 Migr61 LiqStress↑ ValBalanced↓ DivergHigh CycleRecession Full metro detail →
203	Warner Robins, GA47580	44	NeutralNeutral	▼ 11	28	12	74	8	95	46	Stress↑	Balanced↓	—	Recession	›
Structural Drivers Price28 Permits12 Per Cap74 Afford8 Employ95 Migr46 LiqStress↑ ValBalanced↓ CycleRecession Full metro detail →
203	Naples, FL34940	44	NeutralNeutral	▼ 4	0	14	78	88	81	1	Stable↓	Balanced—	—	Recovery	›
Structural Drivers Price0 Permits14 Per Cap78 Afford88 Employ81 Migr1 LiqStable↓ ValBalanced— CycleRecovery Full metro detail →
203	Port St. Lucie, FL38940	44	NeutralNeutral	▼ 3	7	29	91	90	40	5	Stable↓	Balanced↑	—	Recovery	›
Structural Drivers Price7 Permits29 Per Cap91 Afford90 Employ40 Migr5 LiqStable↓ ValBalanced↑ CycleRecovery Full metro detail →
203	Reno, NV39900	44	NeutralNeutral	▼ 9	50	9	66	42	80	17	Stable↓	Balanced—	High	Recovery	›
Structural Drivers Price50 Permits9 Per Cap66 Afford42 Employ80 Migr17 LiqStable↓ ValBalanced— DivergHigh CycleRecovery Full metro detail →
203	Amarillo, TX11100	44	NeutralNeutral	▼ 9	44	55	57	33	20	56	Stable↓	Balanced↓	Moderate	Recovery	›
Structural Drivers Price44 Permits55 Per Cap57 Afford33 Employ20 Migr56 LiqStable↓ ValBalanced↓ DivergModerate CycleRecovery Full metro detail →
203	Allentown, PA-NJ10900	44	NeutralNeutral	▼ 1	85	86	35	16	20	23	Stable↓	Balanced—	High	Expansion	›
Structural Drivers Price85 Permits86 Per Cap35 Afford16 Employ20 Migr23 LiqStable↓ ValBalanced— DivergHigh CycleExpansion Full metro detail →
217	Charleston, SC16700	43	NeutralNeutral	▼ 4	22	31	89	99	10	5	Watch↓	Balanced↓	Moderate	Recovery	›
Structural Drivers Price22 Permits31 Per Cap89 Afford99 Employ10 Migr5 LiqWatch↓ ValBalanced↓ DivergModerate CycleRecovery Full metro detail →
217	Roanoke, VA40220	43	NeutralNeutral	▼ 21	35	1	18	48	80	74	Stress↓	Balanced—	High	Recession	›
Structural Drivers Price35 Permits1 Per Cap18 Afford48 Employ80 Migr74 LiqStress↓ ValBalanced— DivergHigh CycleRecession Full metro detail →
217	Erie, PA21500	43	NeutralNeutral	▼ 11	99	8	3	45	35	67	Watch↑	Balanced—	—	Hypersupply	›
Structural Drivers Price99 Permits8 Per Cap3 Afford45 Employ35 Migr67 LiqWatch↑ ValBalanced— CycleHypersupply Full metro detail →
217	Chattanooga, TN-GA16860	43	NeutralNeutral	▼ 15	39	24	63	82	33	19	Watch↑	Balanced↓	Moderate	Hypersupply	›
Structural Drivers Price39 Permits24 Per Cap63 Afford82 Employ33 Migr19 LiqWatch↑ ValBalanced↓ DivergModerate CycleHypersupply Full metro detail →
222	Columbia, MO17860	42	NeutralNeutral	▼ 19	37	2	49	16	83	63	Stable↓	Balanced↓	High	Recovery	›
Structural Drivers Price37 Permits2 Per Cap49 Afford16 Employ83 Migr63 LiqStable↓ ValBalanced↓ DivergHigh CycleRecovery Full metro detail →
222	Albany, NY10580	42	NeutralNeutral	▼ 10	64	24	27	15	26	93	Stable↓	—	High	Recovery	›
Structural Drivers Price64 Permits24 Per Cap27 Afford15 Employ26 Migr93 LiqStable↓ DivergHigh CycleRecovery Full metro detail →
222	Phoenix, AZ38060	42	NeutralNeutral	▼ 4	21	33	84	87	24	2	Watch↓	Balanced—	—	Recovery	›
Structural Drivers Price21 Permits33 Per Cap84 Afford87 Employ24 Migr2 LiqWatch↓ ValBalanced— CycleRecovery Full metro detail →
222	Huntington, WV-KY-OH26580	42	NeutralNeutral	▼ 1	43	96	7	31	27	51	Stable—	Balanced↑	Moderate	Recovery	›
Structural Drivers Price43 Permits96 Per Cap7 Afford31 Employ27 Migr51 LiqStable— ValBalanced↑ DivergModerate CycleRecovery Full metro detail →
222	Pueblo, CO39380	42	NeutralNeutral	▼ 3	7	23	8	90	84	41	Stress↓	Balanced—	—	Hypersupply	›
Structural Drivers Price7 Permits23 Per Cap8 Afford90 Employ84 Migr41 LiqStress↓ ValBalanced— CycleHypersupply Full metro detail →
222	Monroe, LA33740	42	NeutralNeutral	▼ 1	17	76	22	62	10	65	Stable↓	Balanced—	High	Recovery	›
Structural Drivers Price17 Permits76 Per Cap22 Afford62 Employ10 Migr65 LiqStable↓ ValBalanced— DivergHigh CycleRecovery Full metro detail →
222	Barnstable Town, MA12700	42	NeutralNeutral	▼ 9	38	9	37	96	58	16	Stable↓	Balanced—	—	Recovery	›
Structural Drivers Price38 Permits9 Per Cap37 Afford96 Employ58 Migr16 LiqStable↓ ValBalanced— CycleRecovery Full metro detail →
234	Rapid City, SD39660	41	NeutralNeutral	▼ 13	39	3	72	94	6	31	Stress↓	Balanced—	Moderate	Hypersupply	›
Structural Drivers Price39 Permits3 Per Cap72 Afford94 Employ6 Migr31 LiqStress↓ ValBalanced— DivergModerate CycleHypersupply Full metro detail →
234	Hartford, CT25540	41	NeutralNeutral	▼ 4	85	8	6	3	52	92	Stable↑	Balanced—	—	Expansion	›
Structural Drivers Price85 Permits8 Per Cap6 Afford3 Employ52 Migr92 LiqStable↑ ValBalanced— CycleExpansion Full metro detail →
234	Greensboro, NC24660	41	NeutralNeutral	▼ 12	36	16	59	44	39	53	Stress↓	Balanced—	High	Hypersupply	›
Structural Drivers Price36 Permits16 Per Cap59 Afford44 Employ39 Migr53 LiqStress↓ ValBalanced— DivergHigh CycleHypersupply Full metro detail →
234	Winston, NC49180	41	NeutralNeutral	▼ 5	37	26	76	56	20	29	Stress—	Balanced—	High	Hypersupply	›
Structural Drivers Price37 Permits26 Per Cap76 Afford56 Employ20 Migr29 LiqStress— ValBalanced— DivergHigh CycleHypersupply Full metro detail →
234	Burlington, NC15500	41	NeutralNeutral	▼ 5	26	18	94	45	25	37	Stress↑	Balanced↓	—	Recession	›
Structural Drivers Price26 Permits18 Per Cap94 Afford45 Employ25 Migr37 LiqStress↑ ValBalanced↓ CycleRecession Full metro detail →
240	State College, PA44300	40	BelowBelow Average	▼ 12	66	15	20	38	24	74	Stable↓	Balanced↑	—	Recovery	›
Structural Drivers Price66 Permits15 Per Cap20 Afford38 Employ24 Migr74 LiqStable↓ ValBalanced↑ CycleRecovery Full metro detail →
244	Lakeland, FL29460	39	BelowBelow Average	▼ 1	1	12	92	95	27	7	Stable—	Balanced—	—	Expansion	›
Structural Drivers Price1 Permits12 Per Cap92 Afford95 Employ27 Migr7 LiqStable— ValBalanced— CycleExpansion Full metro detail →
244	Austin, TX12420	39	BelowBelow Average	▼ 1	15	21	94	71	31	2	Stable—	Balanced—	Moderate	Expansion	›
Structural Drivers Price15 Permits21 Per Cap94 Afford71 Employ31 Migr2 LiqStable— ValBalanced— DivergModerate CycleExpansion Full metro detail →
244	Augusta, GA-SC12260	39	BelowBelow Average	▼ 13	54	21	71	39	14	35	Stress↑	Balanced—	High	Recession	›
Structural Drivers Price54 Permits21 Per Cap71 Afford39 Employ14 Migr35 LiqStress↑ ValBalanced— DivergHigh CycleRecession Full metro detail →
244	St. George, UT41100	39	BelowBelow Average	▼ 11	24	24	97	32	42	15	Watch↓	Balanced—	—	Recovery	›
Structural Drivers Price24 Permits24 Per Cap97 Afford32 Employ42 Migr15 LiqWatch↓ ValBalanced— CycleRecovery Full metro detail →
244	Toledo, OH45780	39	BelowBelow Average	▼ 1	71	3	3	15	64	80	Stress—	Balanced—	High	Recession	›
Structural Drivers Price71 Permits3 Per Cap3 Afford15 Employ64 Migr80 LiqStress— ValBalanced— DivergHigh CycleRecession Full metro detail →
244	Killeen, TX28660	39	BelowBelow Average	▼ 8	8	22	74	57	53	21	Stress↑	Balanced—	High	Recession	›
Structural Drivers Price8 Permits22 Per Cap74 Afford57 Employ53 Migr21 LiqStress↑ ValBalanced— DivergHigh CycleRecession Full metro detail →
244	Worcester, MA49340	39	BelowBelow Average	▼ 23	53	11	18	29	36	85	Stress↑	Balanced—	—	Recession	›
Structural Drivers Price53 Permits11 Per Cap18 Afford29 Employ36 Migr85 LiqStress↑ ValBalanced— CycleRecession Full metro detail →
252	Dallas, TX19100	38	BelowBelow Average	▼ 2	15	42	86	37	47	0	Stable↓	Balanced—	Moderate	Recovery	›
Structural Drivers Price15 Permits42 Per Cap86 Afford37 Employ47 Migr0 LiqStable↓ ValBalanced— DivergModerate CycleRecovery Full metro detail →
252	Auburn, AL12220	38	BelowBelow Average	▼ 14	3	26	87	53	30	32	Stable↑	Balanced—	—	Expansion	›
Structural Drivers Price3 Permits26 Per Cap87 Afford53 Employ30 Migr32 LiqStable↑ ValBalanced— CycleExpansion Full metro detail →
252	Norwich, CT35980	38	BelowBelow Average	▼ 12	86	15	8	11	74	37	Stable↑	Balanced—	—	Expansion	›
Structural Drivers Price86 Permits15 Per Cap8 Afford11 Employ74 Migr37 LiqStable↑ ValBalanced— CycleExpansion Full metro detail →
252	Akron, OH10420	38	BelowBelow Average	▼ 10	74	6	7	10	72	62	Stable↑	Balanced—	—	Expansion	›
Structural Drivers Price74 Permits6 Per Cap7 Afford10 Employ72 Migr62 LiqStable↑ ValBalanced— CycleExpansion Full metro detail →
252	Harrisburg, PA25420	38	BelowBelow Average	▼ 3	80	14	22	10	31	71	Stable↓	Balanced—	Moderate	Recovery	›
Structural Drivers Price80 Permits14 Per Cap22 Afford10 Employ31 Migr71 LiqStable↓ ValBalanced— DivergModerate CycleRecovery Full metro detail →
252	Cape Coral, FL15980	38	BelowBelow Average	▼ 4	1	31	99	61	35	3	Stable↓	Balanced—	—	Recovery	›
Structural Drivers Price1 Permits31 Per Cap99 Afford61 Employ35 Migr3 LiqStable↓ ValBalanced— CycleRecovery Full metro detail →
252	Albuquerque, NM10740	38	BelowBelow Average	▼ 2	21	52	39	17	59	41	Stable—	Balanced—	Moderate	Recovery	›
Structural Drivers Price21 Permits52 Per Cap39 Afford17 Employ59 Migr41 LiqStable— ValBalanced— DivergModerate CycleRecovery Full metro detail →
252	Memphis, TN-MS-AR32820	38	BelowBelow Average	▼ 11	12	16	30	21	59	92	Stable—	Balanced—	Moderate	Expansion	›
Structural Drivers Price12 Permits16 Per Cap30 Afford21 Employ59 Migr92 LiqStable— ValBalanced— DivergModerate CycleExpansion Full metro detail →
261	Yuba City, CA49700	37	BelowBelow Average	▼ 7	27	49	55	52	2	35	Stable↓	Balanced—	—	Recovery	›
Structural Drivers Price27 Permits49 Per Cap55 Afford52 Employ2 Migr35 LiqStable↓ ValBalanced— CycleRecovery Full metro detail →
261	Scranton, PA42540	37	BelowBelow Average	▼ 4	55	55	5	41	26	40	Stable↓	Balanced↓	High	Recovery	›
Structural Drivers Price55 Permits55 Per Cap5 Afford41 Employ26 Migr40 LiqStable↓ ValBalanced↓ DivergHigh CycleRecovery Full metro detail →
261	Asheville, NC11700	37	BelowBelow Average	▼ 14	5	7	83	98	13	14	Stress↓	Balanced—	High	Recession	›
Structural Drivers Price5 Permits7 Per Cap83 Afford98 Employ13 Migr14 LiqStress↓ ValBalanced— DivergHigh CycleRecession Full metro detail →
261	Salem, OR41420	37	BelowBelow Average	▼ 1	46	27	42	72	3	33	Stress↑	Balanced—	—	Recession	›
Structural Drivers Price46 Permits27 Per Cap42 Afford72 Employ3 Migr33 LiqStress↑ ValBalanced— CycleRecession Full metro detail →
261	Las Cruces, NM29740	37	BelowBelow Average	▼ 7	48	23	47	59	2	44	Stress↑	Balanced—	—	Recession	›
Structural Drivers Price48 Permits23 Per Cap47 Afford59 Employ2 Migr44 LiqStress↑ ValBalanced— CycleRecession Full metro detail →
267	Monroe, MI33780	36	BelowBelow Average	▼ 9	92	6	7	9	62	41	Stable↑	Compressed↓	—	Expansion	›
Structural Drivers Price92 Permits6 Per Cap7 Afford9 Employ62 Migr41 LiqStable↑ ValCompressed↓ CycleExpansion Full metro detail →
269	Lake Charles, LA29340	35	BelowBelow Average	▼ 26	62	0	31	31	11	76	Stable↓	Balanced↓	—	Recovery	›
Structural Drivers Price62 Permits0 Per Cap31 Afford31 Employ11 Migr76 LiqStable↓ ValBalanced↓ CycleRecovery Full metro detail →
269	Charlotte, NC-SC16740	35	BelowBelow Average	▼ 3	43	20	81	58	1	6	Stress↓	Balanced—	Moderate	Hypersupply	›
Structural Drivers Price43 Permits20 Per Cap81 Afford58 Employ1 Migr6 LiqStress↓ ValBalanced— DivergModerate CycleHypersupply Full metro detail →
269	Punta Gorda, FL39460	35	BelowBelow Average	▼ 7	0	5	98	79	16	13	Stable↓	Balanced↑	—	Recovery	›
Structural Drivers Price0 Permits5 Per Cap98 Afford79 Employ16 Migr13 LiqStable↓ ValBalanced↑ CycleRecovery Full metro detail →
269	San Luis Obispo, CA42020	35	BelowBelow Average	▼ 20	14	13	29	69	66	20	Stable↓	Balanced↓	—	Recovery	›
Structural Drivers Price14 Permits13 Per Cap29 Afford69 Employ66 Migr20 LiqStable↓ ValBalanced↓ CycleRecovery Full metro detail →
274	Rochester, MN40340	34	BelowBelow Average	▼ 20	69	1	43	14	0	79	Stable↑	Balanced—	High	Expansion	›
Structural Drivers Price69 Permits1 Per Cap43 Afford14 Employ0 Migr79 LiqStable↑ ValBalanced— DivergHigh CycleExpansion Full metro detail →
276	Longview, TX30980	32	BelowBelow Average	▼ 4	34	12	2	79	19	48	Watch—	Balanced—	Moderate	Hypersupply	›
Structural Drivers Price34 Permits12 Per Cap2 Afford79 Employ19 Migr48 LiqWatch— ValBalanced— DivergModerate CycleHypersupply Full metro detail →
281	San Antonio, TX41700	29	BelowBelow Average	▼ 5	34	7	50	63	18	4	Stable↓	Balanced—	High	Recovery	›
Structural Drivers Price34 Permits7 Per Cap50 Afford63 Employ18 Migr4 LiqStable↓ ValBalanced— DivergHigh CycleRecovery Full metro detail →
281	Springfield, MO44180	29	BelowBelow Average	▼ 9	12	14	44	44	9	50	Stable↑	Balanced↓	Moderate	Expansion	›
Structural Drivers Price12 Permits14 Per Cap44 Afford44 Employ9 Migr50 LiqStable↑ ValBalanced↓ DivergModerate CycleExpansion Full metro detail →
281	Vallejo, CA46700	29	BelowBelow Average	▼ 12	11	1	16	21	96	29	Stable↓	Balanced—	—	Recovery	›
Structural Drivers Price11 Permits1 Per Cap16 Afford21 Employ96 Migr29 LiqStable↓ ValBalanced— CycleRecovery Full metro detail →
286	Sebastian, FL42680	24	BelowBelow Average	▼ 8	1	0	10	81	40	13	Stable↓	Balanced—	—	Expansion	›
Structural Drivers Price1 Permits0 Per Cap10 Afford81 Employ40 Migr13 LiqStable↓ ValBalanced— CycleExpansion Full metro detail →
287	Stockton, CA44700	18	LowLow Risk	▼ 18	14	6	40	24	14	10	Stable↓	Balanced—	—	Recovery	›
Structural Drivers Price14 Permits6 Per Cap40 Afford24 Employ14 Migr10 LiqStable↓ ValBalanced— CycleRecovery Full metro detail →

134 of 287 metros shown