As more people move to Florida, Tampa tops list of hottest housing markets for 2022

As more people move to Florida, Tampa leads the U.S. as the hottest housing market this year, with Jacksonville not far behind, according to a new report published by Zillow, an online real estate marketplace company.

While all of the nation’s 50 largest markets are expected to grow this year, “there can be only one Number One,” Zillow reports, expecting “Tampa to top the list, with a host of relatively affordable and fast-growing Sun Belt markets following closely behind.”

Following Tampa are Jacksonville, Raleigh, San Antonio and Charlotte as the five hottest markets for 2022, “each buoyed by a combination of strong forecasted home value growth, strong economic fundamentals including high job growth, fast-moving inventory and plentiful likely buyers,” the report states.

Home values increased 28.7% from October 2020 to October 2021, with an average Tampa Bay home selling for $316,379, Zillow reported.
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