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%
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