5 Cities That Could Have the Most Stable Housing Markets by the End of the Decade

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The U.S. real estate market is ever-changing.

From housing prices to inventory to interest rates, the housing market has always fluctuated.

And part of that means knowing whether or not your housing market is stabilizing.

This is largely due to its growing job market and overall high quality of life.

Cities like Raleigh continue to draw people with their balance of economic opportunities and outdoor living, he said.

The state as a whole is projected to have628,000 new openingseach year.

Compared to other major cities, Raleigh is also still on the more affordable side.

This is expensive, yes, but its only up about 2% YoY.

Redfin ranked the housing market as somewhat competitive.

This has led to more business opportunities and greater demand for real estate.

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But as people start to settle in, the housing market could stabilize.

In Boise, the median sales price is$520,000.

In June 2024, Denver had188,000 new job openingscompared to 178,000 in May 2024.

Job openings alone dont indicate stability, but other factors like housing prices over time might.

The market is also somewhat competitive.

In Nashville, the median sales price of homes is$450,000.

Unlike the other cities on this list, prices are actually down 1.2% from last year.

The market is still somewhat competitive, based on Redfins ranking.

That said, theres still a lot of growth to be had.

Nashville continues to grow rapidly, Lopipero said.