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ew Haven-Milford has been ranked as one of the top spots in the country for real estate investors, according to a recent list from Realtor.com. Despite rising home prices and mortgage rates, savvy investors can still find opportunities in affordable metros across the US, particularly in the Midwest and Northeast regions.
The New Haven-Milford market stood out with significantly more online interest than other areas, with 2.6 times the average pageviews per property. The median listing price has increased by 7.8% to $408,000 since last year. Historically, investors have favored the South and West, but recent challenges in these regions have shifted focus to more stable markets like New Haven-Milford.
The top 10 list features areas with low vacancy rates, rising rents, and sustained buyer demand. These affordable metros offer promising opportunities for real estate investors. The full list includes:
Dayton, Ohio
Rochester, New York
Cleveland-Elyria, Ohio
Pittsburgh, Pennsylvania
Knoxville, Tennessee
Albany-Schenectady-Troy, New York
New Haven-Milford, Connecticut
Buffalo-Cheektowaga, New York
Grand Rapids-Kentwood, Michigan
Columbus, Ohio
Check out the full list and article at Realtor.com for more information.
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