Home News The No. 1 emerging real-estate market in America is also the RV capital of the world

The No. 1 emerging real-estate market in America is also the RV capital of the world

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The pandemic has urged millions of Americans to abandon city life. The new report highlights a new destination for potential homeowners to consider: the world’s RV capital.

The The Wall Street Journal / Realtor.com Emerging Housing Market IndexReleased on Tuesday, Elkhart, Indiana-Gosen ranked top in the housing market.

(((Realtor.com Owned by the same parent company as MarketWatch. )

Cities in northern Indiana As much as 80% of the world’s RVs, There are manufacturers headquartered in the city. These include companies such as Jayco and Keystone. According to the report, the unemployment rate in metropolitan areas is the lowest at 1.6% compared to other indexes.

“”The average list price of Elkhart-Goshen homes was $ 279,450 in June, up 17.2% from the previous year.

According to Realtor.com, the average list price of Elkhart-Gosen homes was $ 279,450 in June, up 17.2% year-on-year.

This index analyzes the 300 largest metropolitan areas across the country to highlight the housing market, which is ready to benefit both homeowners and investors.

Each housing market is valued based on a variety of factors related to real estate, financial vitality and quality of life. At the top of emerging markets are places where home price growth is expected to be remarkable, with other attractive facilities.

“”At the top of emerging markets are places where home price growth is expected to be remarkable, with other attractive facilities.

Elkhart-Goshen’s northern Indiana region dominated the quarter, followed by Burlington, North Carolina, Johnson City, Tennessee, and Fort Wayne, Indiana.

The report spotlights medium-sized cities as a great emerging destination for buying a home. Nine of the top 20 cities have a population of less than 250,000.

Here is the complete list:

  1. Elkhart-Gosen, Indiana.

  2. Burlington, NC

  3. Johnson City, Tennessee.

  4. Fort Wayne, Indiana.

  5. Billings, Mon.

  6. Raleigh, North Carolina

  7. Rapid City, South Dakota

  8. North Port Sarasota-Bradenton, Florida

  9. Topika, Kang.

  10. Visalia-Porterville, CA.

  11. Fort Collins, Colorado.

  12. Durham-Chapel Hill, North Carolina

  13. Santa Cruz-Watsonville, California.

  14. Boulder, Colorado.

  15. Huntsville, Alabama.

  16. Valleio-Fairfield, CA.

  17. Eureka-Artaxata-Fortuna, California.

  18. Jefferson City, Missouri

  19. Elizabethtown-Fort Knox, Kentucky.

  20. Colorado Springs, Colorado.

Write to MarketWatch Reporter Aarthi Swaminathan at [email protected]

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