The Hottest Housing Markets Are Found in Illinois and Wisconsin
Looking for a new place to call home? Well, if you're eyeing Illinois or Wisconsin, you're in luck! These states are bustling with some of the hottest housing markets in the country right now. According to Wall Street 24/7, of the top 30 hottest markets for housing, these two states take 7 up spots! Let's take a whirlwind tour through each of them.
Let's take a look at Illinois' top housing markets.
#25 Springfield, IL: First stop, Springfield! This charming city has earned its spot among the hottest housing markets, boasting a hotness index score of 85.91 out of 100. With a median list price of $168,950, it's no wonder homes here are flying off the market in about 49 days on average. Plus, demand for Springfield homes shot up by around 9% compared to the previous year. Looks like everyone wants a slice of Springfield!
The historic Illinois State Capitol building is seen February 9, 2007 in Springfield, Illinois.
#15 Peoria, IL: Next up, Peoria! This vibrant city is not one to be overlooked, scoring an impressive 88.42 out of 100 on the hotness index. And with a median list price of $149,900, it's definitely catching some eyes. Homes here spend around 48 days on the market, and demand has surged by approximately 8% compared to last year. Peoria is proving to be a real gem in the Illinois housing market.
Peoria, IL Waterfront area and bridge.
#4 Rockford, IL: Last but certainly not least, we have Rockford! This city is sizzling with a hotness index score of 98.15 out of 100, making it one of the top contenders nationwide. With a median list price of $199,900 and homes spending just 40 days on the market, Rockford is attracting buyers left and right. Demand for homes here spiked by a whopping 18% compared to the previous year. Rockford, you rock!
Rockford, IL Industrial Park
Now, let's hop over to Wisconsin and see what's cooking in their housing markets.
#19 Wausau, WI: First stop in Wisconsin, Wausau! This picturesque city scores an impressive 87.75 out of 100 on the hotness index. With a median list price of $316,950, it's slightly pricier than its Illinois counterparts, but still drawing in eager buyers. Homes here spend around 51 days on the market, and demand has seen a healthy increase of 5.7% compared to last year. Wausau is definitely a hot spot for those seeking a slice of Wisconsin living.
The bridge into Wasau, WI. Beautiful place to put down roots.
#17 Milwaukee-Waukesha, WI: Heading south, we arrive at Milwaukee-Waukesha! This dynamic metro area scores an 88.09 out of 100 on the hotness index. With a median list price of $335,000, it's on the higher end of the spectrum. However, homes here spend just 44 days on the market, and demand has remained steady with a slight decrease compared to last year. Milwaukee-Waukesha offers the perfect blend of urban amenities and suburban charm.
The view from Erie Street in Milwaukee.
#13 Racine, WI: Next on our Wisconsin tour, we have Racine! This waterfront city boasts a hotness index score of 89.09 out of 100, indicating a thriving housing market. With a median list price of $334,000, it's on par with its neighboring cities. Homes here spend approximately 46 days on the market, and demand has seen a notable increase of 11.4% compared to last year. Racine's scenic beauty and affordability make it a top choice for homebuyers.
Racine, Wisconsin
#8 Oshkosh-Neenah, WI: Our final stop brings us to Oshkosh-Neenah! This dynamic duo scores an impressive 94.13 out of 100 on the hotness index, making it one of the hottest housing markets in Wisconsin. With a median list price of $294,900, it offers affordability without skimping on quality. Homes here spend around 48 days on the market, and demand has seen a healthy increase of 5.4% compared to last year. Oshkosh-Neenah is truly a hidden gem in Wisconsin's housing landscape.
More Wisconsin beauty in Neenah.
And there you have it! A whirlwind tour through the hottest housing markets in Illinois and Wisconsin. Pretty stellar when both states make the top 30 list multiple times! Whether you're looking for urban excitement or suburban tranquility, these cities have something for everyone. So, what are you waiting for? Dive into the housing market and find your dream home today!