realestate

18 Affordable Cities Poised for Million-Dollar Boom by 2030

Home prices surge, reducing value for buyers; here are 18 cities set to become $1M markets by 2030.

H
ome prices have skyrocketed in the US over the past decade, leaving buyers with less bang for their buck. Despite this, property values are expected to continue rising, making it essential for homebuyers and investors to consider alternative markets. According to Zoocasa's analysis of 40 large US metropolitan areas, here are 18 cities where homes cost $633,150 or less in Q2 that are set to reach the million-dollar mark by 2035.

    1. Reno, Nevada

     Median home price in Q2 2024: $620,400

     Median home price estimate for 2025: $683,680

     Median home price estimate for 2026: $753,415

     Median home price estimate for 2027: $830,263

     Median home price estimate for 2028: $914,950

     Median home price estimate for 2029: $1,008,275

     Home price growth rate from 2014-24: 10.2%

    2. Riverside, California

     Median home price in Q2 2024: $600,000

     Median home price estimate for 2025: $654,000

     Median home price estimate for 2026: $712,860

     Median home price estimate for 2027: $777,017

     Median home price estimate for 2028: $846,949

     Median home price estimate for 2029: $923,174

     Median home price estimate for 2030: $1,006,260

     Home price growth rate from 2014-24: 9%

    3. Manchester, New Hampshire

     Median home price in Q2 2024: $568,700

     Median home price estimate for 2025: $617,608

     Median home price estimate for 2026: $670,722

     Median home price estimate for 2027: $728,404

     Median home price estimate for 2028: $791,047

     Median home price estimate for 2029: $859,077

     Median home price estimate for 2030: $932,958

     Median home price estimate for 2031: $1,013,192

     Home price growth rate from 2014-24: 8.6%

    4. Portland, Oregon

     Median home price in Q2 2024: $608,500

     Median home price estimate for 2025: $657,789

     Median home price estimate for 2026: $711,070

     Median home price estimate for 2027: $768,667

     Median home price estimate for 2028: $830,929

     Median home price estimate for 2029: $898,234

     Median home price estimate for 2030: $970,991

     Median home price estimate for 2031: $1,049,641

     Home price growth rate from 2014-24: 8.1%

    5. Portland, Maine

     Median home price in Q2 2024: $566,400

     Median home price estimate for 2025: $615,110

     Median home price estimate for 2026: $668,009

     Median home price estimate for 2027: $725,458

     Median home price estimate for 2028: $787,847

     Median home price estimate for 2029: $855,602

     Median home price estimate for 2030: $929,184

     Median home price estimate for 2031: $1,009,094

     Home price growth rate from 2014-24: 8.6%

    6. Sacramento, California

     Median home price in Q2 2024: $555,000

     Median home price estimate for 2025: $606,060

     Median home price estimate for 2026: $661,818

     Median home price estimate for 2027: $722,705

     Median home price estimate for 2028: $789,194

     Median home price estimate for 2029: $861,800

     Median home price estimate for 2030: $941,086

     Median home price estimate for 2031: $1,027,666

     Home price growth rate from 2014-24: 9.2%

    7. Salt Lake City, Utah

     Median home price in Q2 2024: $583,200

     Median home price estimate for 2025: $635,688

     Median home price estimate for 2026: $692,899

     Median home price estimate for 2027: $755,260

     Median home price estimate for 2028: $823,233

     Median home price estimate for 2029: $897,324

     Median home price estimate for 2030: $978,083

     Median home price estimate for 2031: $1,066,110

     Home price growth rate from 2014-24: 9%

    8. North Port, Florida

     Median home price in Q2 2024: $525,000

     Median home price estimate for 2025: $575,925

     Median home price estimate for 2026: $631,790

     Median home price estimate for 2027: $693,073

     Median home price estimate for 2028: $760,301

     Median home price estimate for 2029: $834,050

     Median home price estimate for 2030: $914,953

     Median home price estimate for 2031: $1,003,703

     Home price growth rate from 2014-24: 9.7%

    9. Boise, Idaho

     Median home price in Q2 2024: $510,700

     Median home price estimate for 2025: $566,877

     Median home price estimate for 2026: $629,233

     Median home price estimate for 2027: $698,449

     Median home price estimate for 2028: $775,278

     Median home price estimate for 2029: $860,559

     Median home price estimate for 2030: $955,220

     Median home price estimate for 2031: $1,060,294

     Home price growth rate from 2014-24: 11.1%

    10. Las Vegas, Nevada

     Median home price in Q2 2024: $478,800

     Median home price estimate for 2025: $527,159

     Median home price estimate for 2026: $580,402

     Median home price estimate for 2027: $639,023

     Median home price estimate for 2028: $703,564

     Median home price estimate for 2029: $774,624

     Median home price estimate for 2030: $852,861

     Median home price estimate for 2031: $938,999

     Median home price estimate for 2032: $1,033,838

     Home price growth rate from 2014-24: 10.1%

    11. Austin, Texas

     Median home price in Q2 2024: $496,500

     Median home price estimate for 2025: $537,213

     Median home price estimate for 2026: $581,265

     Median home price estimate for 2027: $628,929

     Median home price estimate for 2028: $680,501

     Median home price estimate for 2029: $736,302

     Median home price estimate for 2030: $796,679

     Median home price estimate for 2031: $862,007

     Median home price estimate for 2032: $932,692

     Median home price estimate for 2033: $1,009,173

     Home price growth rate from 2014-24: 8.2%

    12. Phoenix, Arizona

     Median home price in Q2 2024: $480,400

     Median home price estimate for 2025: $526,038

     Median home price estimate for 2026: $576,012

     Median home price estimate for 2027: $630,733

     Median home price estimate for 2028: $690,653

     Median home price estimate for 2029: $756,265

     Median home price estimate for 2030: $828,110

     Median home price estimate for 2031: $906,780

     Median home price estimate for 2032: $992,924

     Median home price estimate for 2033: $1,087,252

     Home price growth rate from 2014-24: 9.5%

    13. Eugene, Oregon

     Median home price in Q2 2024: $469,100

     Median home price estimate for 2025: $512,726

     Median home price estimate for 2026: $560,410

     Median home price estimate for 2027: $612,528

     Median home price estimate for 2028: $669,493

     Median home price estimate for 2029: $731,756

     Median home price estimate for 2030: $799,809

     Median home price estimate for 2031: $874,191

     Median home price estimate for 2032: $955,491

     Median home price estimate for 2033: $1,044,352

     Home price growth rate from 2014-24: 9.3%

    14. Raleigh, North Carolina

     Median home price in Q2 2024: $484,900

     Median home price estimate for 2025: $527,086

     Median home price estimate for 2026: $572,942

     Median home price estimate for 2027: $622,788

     Median home price estimate for 2028: $676,971

     Median home price estimate for 2029: $735,867

     Median home price estimate for 2030: $799,887

     Median home price estimate for 2031: $869,477

     Median home price estimate for 2032: $945,121

     Median home price estimate for 2033: $1,027,347

     Home price growth rate from 2014-24: 8.7%

    15. Salem, Oregon

     Median home price in Q2 2024: $456,100

     Median home price estimate for 2025: $502,622

     Median home price estimate for 2026: $553,889

     Median home price estimate for 2027: $610,386

     Median home price estimate for 2028: $672,645

     Median home price estimate for 2029: $741,255

     Median home price estimate for 2030: $816,863

     Median home price estimate for 2031: $900,183

     Median home price estimate for 2032: $992,002

     Median home price estimate for 2033: $1,093,186

     Home price growth rate from 2014-24: 10.2%

    16. Durham, North Carolina

     Median home price in Q2 2024: $477,600

     Median home price estimate for 2025: $517,241

     Median home price estimate for 2026: $560,172

     Median home price estimate for 2027: $606,666

     Median home price estimate for 2028: $657,019

     Median home price estimate for 2029: $711,552

     Median home price estimate for 2030: $770,612

     Median home price estimate for 2031: $834,573

     Median home price estimate for 2032: $903,843

     Median home price estimate for 2033: $978,862

     Median home price estimate for 2034: $1,060,108

     Home price growth rate from 2014-24: 8.3%

    17. Providence, Rhode Island

     Median home price in Q2 2024: $504,800

     Median home price estimate for 2025: $542,155

     Median home price estimate for 2026: $582,274

     Median home price estimate for 2027: $625,362

     Median home price estimate for 2028: $671,639

     Median home price estimate for 2029: $721,340

     Median home price estimate for 2030: $774,719

     Median home price estimate for 2031: $832,048

     Median home price estimate for 2032: $893,620

     Median home price estimate for 2033: $959,748

     Median home price estimate for 2034: $1,030,769

     Home price growth rate from 2014-24: 7.4%

    18. Wilmington, North Carolina

     Median home price in Q2 2024: $467,400

     Median home price estimate for 2025: $504,792

     Median home price estimate for 2026: $545,175

     Median home price estimate for 2027: $588,789

     Median home price estimate for 2028: $635,892

     Median home price estimate for 2029: $686,763

     Median home price estimate for 2030: $741,704

     Median home price estimate for 2031: $801,040

     Median home price estimate for 2032: $865,123

     Median home price estimate for 2033: $934,333

     Median home price estimate for 2034: $1,009,080

     Home price growth rate from 2014-24: 8%

Map of 18 cities worldwide poised for million-dollar economic boom by 2030.