In some key housing markets, buyers are finally gaining the upper hand. But that is not true everywhere.
Despite the nation’s cooling real estate market, home sellers still have the upper hand in many markets. And in a few places, their power is especially strong, according to Zillow.
Among the 50 largest metro areas, here are the places where home sellers still reign supreme. The rankings are based on each market’s heat index, in which the lowest scores indicate buyer’s markets and the highest scores indicate strong seller’s markets.
1. Buffalo, NY
As of August 2024, this metropolitan area has a:
- Zillow market heat index of 95.5
- Zillow Home Value Index of $268,628
Buffalo is one of just three cities in the United States with a radial street pattern. That means that instead of being laid out in a traditional rectangular grid, this New York city’s metro spreads out in a series of concentric circles.
2. Hartford, CT
As of August 2024, this metropolitan area has a:
- Zillow market heat index of 88.7
- Zillow Home Value Index of $366,985
Extra, extra, read all about it! Founded in 1764, the Hartford Courant is the oldest continuously published newspaper in the U.S.
The city is also host to the oldest public art museum in the country — Wadsworth Atheneum Museum of Art.
3. San Jose, CA
As of August 2024, this metropolitan area has a:
- Zillow market heat index of 84.2
- Zillow Home Value Index of $1,588,006
At one time, San Jose was the capital of California. The state’s leaders gathered in a two-story hotel, but it burned down in 1853. The following year, the Legislature moved to the city of Sacramento, which officially became the capital in 1879.
4. Boston, MA
As of August 2024, this metropolitan area has a:
- Zillow market heat index of 78.2
- Zillow Home Value Index of $699,791
Between 1659 and 1681, there was no Christmas in Boston. The Puritans who ruled the Massachusetts Bay Colony at the time believed the holiday emphasized pagan traditions. Anyone who celebrated was subject to a fine of 5 shillings, or around $50 today.
5. New York, NY (tie)
As of August 2024, this metropolitan area has a:
- Zillow market heat index of 75.9
- Zillow Home Value Index of $676,836
New York’s famed Central Park, located in the New York City borough of Manhattan, has appeared in more than 240 feature films. That makes it the most-filmed public park in the world.
5. Providence, RI (tie)
As of August 2024, this metropolitan area has a:
- Zillow market heat index of 75.9
- Zillow Home Value Index of $490,822
The biggest bug in the world is located on the roof of New England Pest Control in Providence, Rhode Island. The huge blue termite is 58 feet long — or more than 900 times the size of a real termite.
7. San Francisco, CA
As of August 2024, this metropolitan area has a:
- Zillow market heat index of 75.6
- Zillow Home Value Index of $1,149,479
San Francisco’s iconic Golden Gate Bridge was not intended to be its present color. But when the steel for the bridge arrived painted in orange-red primer, consulting architect Irving F. Morrow decided to stick with it.
8. Cleveland, OH
As of August 2024, this metropolitan area has a:
- Zillow market heat index of 73.2
- Zillow Home Value Index of $232,456
When the lights went on in the Public Square in Cleveland in 1879, it became the first city lit by electricity.
9. Richmond, VA
As of August 2024, this metropolitan area has a:
- Zillow market heat index of 70.8
- Zillow Home Value Index of $371,454
Next time you pop a cold one, make a toast to Richmond. Canned beer made its debut in Virginia’s capital city in 1935.
10. Washington, D.C. (tie)
As of August 2024, this metropolitan area has a:
- Zillow market heat index of 70.3
- Zillow Home Value Index of $567,618
Here’s a fun fact about the nation’s capital: George Washington never lived there. The White House was not completed until a year after the nation’s first president died.
10. Minneapolis, MN (tie)
As of August 2024, this metropolitan area has a:
- Zillow market heat index of 70.3
- Zillow Home Value Index of $375,730
Minneapolis has a reputation as a bone-chilling place where residents suffer through brutal winters. So, perhaps it’s a little surprising that the city has more golfers per capita than any other in the U.S.
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