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USAFacts
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National

Which US cities have the most competitive housing markets?

United States Housing Market California San Jose New York Rochester Manchester New Hampshire

These three metro areas have some of the most competitive housing markets in the country, with both low supply and high demand: San Jose-Sunnyvale-Santa Clara, California; Manchester-Nashua, New Hampshire; and Rochester, New York.

The Omaha-Council Bluffs market in Nebraska and Iowa is the most supply-constrained housing market in the country, with an average of 0.75 active listings per 1,000 households in the first quarter of 2023. This is 84% lower than the nationwide average of 4.59.[1]

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