Northeast and Midwest Ranked Hottest Home Markets in America for February 2025

According to the Realtor.com Market Hotness Index for February 2025, the Northeast and Midwest U.S. were home to all of the hottest home markets in the country. 

The Realtor.com hotness score is based on demand and supply determined by the number of median days on the market, and total listing views. 

Over the past 17 months, only the Northeast and Midwest markets have ranked in the top 20 hottest housing markets in the country. In fact, February 2025 is the 17th consecutive time that contains only Northeast and Midwest markets, according to the report.

The Hottest Housing markets generally recorded a quicker pace of home sales by an entire month faster than the typical U.S. listing, with an average of 33 to 51 days on the market compared to the national average of 66 days.

Additionally, while prices decreased by 0.8% across the country, the month’s hottest markets saw prices increase by 0.9% due to high demand and low inventory. 

Overall, Hartford, Connecticut ranked as the Hottest Home Market for February 2025 for the first time since June of 2023, but has been in the top 10 since April 2024. Homes spent an average of 38 days on the market and had more than four times the listing views per property as the national median. Home prices climbed 6.6% year over year and inventory increased by 4.4%.

“Looking at markets by hotness tells us the strength of demand versus supply in each area relative to others and which markets heavily favor sellers. Competitive market conditions that are found in the hottest markets are good for sellers, but can make buying more difficult for hopeful homeowners. However, this month’s report shows the willingness of households to seek out affordability. More than half of the hottest markets were priced lower than the national median, suggesting that the possibility of a good deal is a factor keeping these metros in-demand among persistent buyers.” said Danielle Hale, chief economist, Realtor.com® in a PR Newswire news release.

Sources:
February 2025 Hottest Housing Markets – Realtor.com
Market Hotness Index – Realtor.com
What Makes a Market Hot? Realtor.com Finds Homes in the Most On-Demand Markets Spend Two to Four Weeks Less on Market – Prnewswire.com