In the market for a home?
If yes, then you may want to consider looking in the hottest neighborhoods out there, where your home value could continue to grow over the next several decades.
Real-estate site Redfin released its annual list of the 10 hottest neighborhoods nationwide, a prediction based on the most recent growth in page views and favorites per home on their site.
Their experts also chose three neighborhoods in 30 of the largest US cities that are expected to break through as the most desirable places to buy a home in 2016.
Here, we’ve highlighted the top neighborhood for each city, along with the median number of days a home is on the market in that neighborhood and the median sale price, from Redfin. We also included the median sale price of homes in the metro area for the month of December, also from Redfin, to give you a price comparison.
Atlanta, Georgia: West End
Median days on the market: 48
Median sale price, West End: $122,000
Median sale price, Atlanta: $195,000
Austin, Texas: Hyde Park
Median days on the market: 29
Median sale price, Hyde Park: $449,000
Median sale price, Austin: $273,000
Baltimore, Maryland: Hampden
Median days on the market: 32
Median sale price, Hampden: $198,000
Median sale price, Baltimore: $235,000
Bethesda, Maryland: Parkside (Grosvenor)
Median days on the market: 39
Median sale price, Parkside: $253,000
Median sale price, Bethesda: $353,000
Boston, Massachusetts: South Medford
Median days on the market: 8
Median sale price, South Medford: $500,000
Median sale price, Boston: $335,000
Chicago, Illinois: Ukrainian Village
Median days on the market: 22
Median sale price, Ukrainian Village: $472,000
Median sale price, Chicago: $196,000
Dallas, Texas: Park Forest
Median days on the market: 8
Median sale price, Park Forest: $175,000
Median sale price, Dallas: $240,900
Denver, Colorado: Barnum
Median days on the market: 6
Median sale price, Barnum: $213,000
Median sale price, Denver: $312,500
Houston, Texas: Norhill
Median days on the market: 40
Median sale price, Norhill: $499,500
Median sale price, Houston: $216,300
Las Vegas, Nevada: Desert Shores
Median days on the market: 56
Median sale price, Desert Shores: $206,500
Median sale price, Las Vegas: $200,000
Los Angeles, California: Mount Washington
Median days on the market: 18
Median sale price, Mount Washington: $699,000
Median sale price, Los Angeles: $500,000
Miami: Coral Terrace
Median days on the market: 37
Median sale price, Coral Terrace: $304,000
Median sale price, Miami: $239,000
Minneapolis: Ericsson
Median days on the market: 30
Median sale price, Ericsson: $224,900
Median sale price, Minneapolis: $215,000
Nashville: Eastwood
Median days on the market: 43
Median sale price, Eastwood: $380,000
Median sale price, Nashville: $230,500
Oakland: Glenview
Median days on the market: 13
Median sale price, Glenview: $850,000
Median sale price, Oakland: $579,000
Orange County: El Camino Real
Median days on the market: 32
Median sale price, El Camino Real: $636,500
Median sale price, Orange County:$605,000
Ventura County: Midtown
Median days on the market: 31
Median sale price, Midtown: $546,200
Median sale price, Ventura County: $515,000
Philadelphia: Graduate Hospital
Median days on the market: 40
Median sale price, Graduate Hospital: $429,000
Median sale price, Philadelphia: $225,000
Phoenix: Clemente Ranch
Median days on the market: 19
Median sale price, Clemente Ranch: $291,500
Median sale price, Phoenix: $219,000
Portland: Foster-Powell
Median days on the market: 7
Median sale price, Foster-Powell: $290,500
Median sale price, Portland: $308,800
Raleigh: Cary Park
Median days on the market: 21
Median sale price, Cary Park: $245,000
Median sale price, Raleigh: $229,000
Riverside: Wood Streets
Median days on the market: 20
Median sale price, Wood Streets: $340,000
Median sale price, Riverside: $306,000
San Antonio: Midtown (San Antonio, TX)
Median days on the market: 20
Median sale price, Midtown: $221,000
Median sale price, San Antonio: $195,500
San Diego: Carmel Mountain
Median days on the market: 20
Median sale price, Carmel Mountain: $623,800
Median sale price, San Diego: $474,900
San Francisco: Outer Mission
Median days on the market: 16
Median sale price, Outer Mission: $785,900
Median sale price, San Francisco: $1,009,000
San Jose: Midtown Milpitas
Median days on the market: 36
Median sale price, Midtown Milpitas: $685,000
Median sale price, San Jose: $829,000
Seattle: Roosevelt
Median days on the market: 7
Median sale price, Roosevelt: $623,500
Median sale price, Seattle: $400,000
Tacoma: West End
Median days on the market: 25
Median sale price, West End: $275,000
Median sale price, Tacoma: $257,900
Tuscon: Rita Ranch
Median days on the market: 50
Median sale price, Rita Ranch: $169,000
Median sale price, Tuscon: $179,000
Washington, DC: Mount Pleasant
Median days on the market: 7
Median sale price, Mount Pleasant: $760,000
Median sale price, Washington DC: $348,500
Source: businessinsider.com