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

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Core Risk					Structural Drivers						Market Signals		Cycle
#↑	Metro	Score	Risk Band	Chg	Price	Permits	Per Cap	Afford	Employ	Migr	Liquidity	Valuation	Diverg.	Cycle
240	Denver, CO19740	40	BelowBelow Average	▲ 5	15	54	62	47	56	7	Watch—	Balanced—	Moderate	Hypersupply	›
Structural Drivers Price15 Permits54 Per Cap62 Afford47 Employ56 Migr7 LiqWatch— ValBalanced— DivergModerate CycleHypersupply 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 →
240	Decatur, AL19460	40	BelowBelow Average	▲ 14	33	72	14	35	29	55	Stable—	Balanced↑	—	Recovery	›
Structural Drivers Price33 Permits72 Per Cap14 Afford35 Employ29 Migr55 LiqStable— ValBalanced↑ CycleRecovery Full metro detail →
240	Salinas, CA41500	40	BelowBelow Average	▲ 4	25	94	17	59	31	15	Stable↓	Balanced—	—	Recovery	›
Structural Drivers Price25 Permits94 Per Cap17 Afford59 Employ31 Migr15 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	Santa Rosa, CA42220	39	BelowBelow Average	▲ 18	20	93	43	15	48	13	Stable↓	Balanced—	—	Recovery	›
Structural Drivers Price20 Permits93 Per Cap43 Afford15 Employ48 Migr13 LiqStable↓ ValBalanced— CycleRecovery 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	Redding, CA39820	38	BelowBelow Average	▲ 5	9	79	11	41	49	36	Stable↓	Balanced—	—	Recovery	›
Structural Drivers Price9 Permits79 Per Cap11 Afford41 Employ49 Migr36 LiqStable↓ ValBalanced— 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	Sacramento, CA40900	37	BelowBelow Average	▲ 1	19	39	54	25	76	11	Stable↓	Balanced—	High	Recovery	›
Structural Drivers Price19 Permits39 Per Cap54 Afford25 Employ76 Migr11 LiqStable↓ ValBalanced— DivergHigh 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	Manchester, NH31700	36	BelowBelow Average	▲ 4	83	4	12	36	53	28	Watch↓	Balanced—	—	Recovery	›
Structural Drivers Price83 Permits4 Per Cap12 Afford36 Employ53 Migr28 LiqWatch↓ ValBalanced— CycleRecovery 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	Hattiesburg, MS25620	35	BelowBelow Average	▲ 1	4	8	1	68	70	59	Stable↑	Balanced↓	—	Expansion	›
Structural Drivers Price4 Permits8 Per Cap1 Afford68 Employ70 Migr59 LiqStable↑ ValBalanced↓ CycleExpansion 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	Huntsville, AL26620	34	BelowBelow Average	▲ 3	19	30	88	9	32	26	Stable—	Balanced—	—	Expansion	›
Structural Drivers Price19 Permits30 Per Cap88 Afford9 Employ32 Migr26 LiqStable— ValBalanced— CycleExpansion 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	Urban Honolulu, HI46520	32	BelowBelow Average	▲ 2	41	32	9	2	20	88	Stable↓	Balanced—	—	Recovery	›
Structural Drivers Price41 Permits32 Per Cap9 Afford2 Employ20 Migr88 LiqStable↓ ValBalanced— CycleRecovery Full metro detail →
276	Raleigh, NC39580	32	BelowBelow Average	0	29	41	95	7	14	8	Watch↓	Balanced—	High	Recovery	›
Structural Drivers Price29 Permits41 Per Cap95 Afford7 Employ14 Migr8 LiqWatch↓ ValBalanced— DivergHigh CycleRecovery 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 →
279	Tyler, TX46340	30	BelowBelow Average	▲ 2	33	26	24	48	26	24	Stress—	Balanced—	—	Hypersupply	›
Structural Drivers Price33 Permits26 Per Cap24 Afford48 Employ26 Migr24 LiqStress— ValBalanced— CycleHypersupply Full metro detail →
279	Amherst Town, MA11200	30	BelowBelow Average	—	18	20	12	37	43	50	—	—	—	Expansion	›
Structural Drivers Price18 Permits20 Per Cap12 Afford37 Employ43 Migr50 CycleExpansion 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 →
284	Charleston, WV16620	27	BelowBelow Average	▲ 4	14	17	0	13	54	65	Stable—	Balanced—	—	Recovery	›
Structural Drivers Price14 Permits17 Per Cap0 Afford13 Employ54 Migr65 LiqStable— ValBalanced— CycleRecovery Full metro detail →
285	Slidell, LA43640	26	BelowBelow Average	—	5	59	52	5	4	33	—	—	—	Expansion	›
Structural Drivers Price5 Permits59 Per Cap52 Afford5 Employ4 Migr33 CycleExpansion 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 →

47 of 287 metros shown