Top U.S. Residential Real Estate Markets
To calculate the largest U.S. housing markets, Redfin analyzed 90 million properties, including single-family homes, townhouses, condos, and two- to four-unit multifamily properties.
Below, we show the most valuable residential markets as of December 2023:
| Rank | U.S. Metro | Total Value of Homes | Total Value of Homes YoY Change |
|---|---|---|---|
| 1 | New York, NY | $2.4T | -1.0% |
| 2 | Los Angeles, CA | $2.1T | +4.3% |
| 3 | Atlanta, GA | $1.2T | +6.2% |
| 4 | Boston, MA | $1.2T | +8.3% |
| 5 | Anaheim, CA | $1.1T | +8.0% |
| 6 | Washington, DC | $1.0T | +6.2% |
| 7 | Chicago, IL | $991B | +7.4% |
| 8 | San Diego, CA | $988B | +9.4% |
| 9 | Phoenix, AZ | $987B | +4.2% |
| 10 | Seattle, WA | $911B | +4.6% |
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