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u/RedfinJeremy

Where are the cheapest places to live in the US?
▲ 8 r/USHousingMarket+1 crossposts

Where are the cheapest places to live in the US?

With the ongoing affordability crisis, I’m curious what people think are the most affordable places to live in the U.S. right now.

A new Redfin article highlighted cities like Detroit, Pittsburgh, Cleveland, Warren, Baltimore, Indianapolis, Cincinnati, Chicago, and St. Louis as some of the cheapest places to live because of their relatively high incomes and lower housing costs.

Do you agree with these picks? Are there other affordable cities you’d add to the list?

u/RedfinJeremy — 1 day ago
▲ 14 r/USHousingMarket

U.S. pending homes sales jump 9.6% YoY

U.S. pending home sales have jumped 9.6% YoY to the highest level since September 2022. According to a new report from Redfin Real Estate, this is occurring in every major U.S. metro except for Houston, Detroit, and Seattle.

Stronger demand is coming from an improving job market, declining mortgage rates, and the spring home buying season. With demand improving, do you think the gap between buyers and sellers will continue to shrink?

u/RedfinJeremy — 7 days ago
▲ 6 r/USHousingMarket

Here's what $250k buys in Washington DC, New Orleans, and Minneapolis

This week, Redfin’s The Price Point series looks at what $250k can get in the best cities for new grads: Washington, D.C., New Orleans, LA, and Minneapolis, MN.

Here's the breakdown of the photos above:

If you were a recent grad, which city and property would you choose?

u/RedfinJeremy — 13 days ago
▲ 5 r/USHousingMarket

Redfin just released its ranking of the hottest neighborhoods for 2026. Two Florida neighborhoods take the top spots, while six of the top 10 are in the Midwest, marking the second straight year the region has dominated the list.

This Redfin analysis ranks U.S. zip codes in the 100 most-populous metro areas by year-over-year growth in listing views on Redfin.com and Redfin Compete Score.

Here are this year’s hottest neighborhoods: 

  1. Land O’Lakes, Florida
  2. Plant City, Florida
  3. Oak Creek, Wisconsin
  4. Oceanside, New York
  5. West Bend, Wisconsin
  6. Lincoln Park, Michigan
  7. Lee’s Summit, Missouri
  8. Little Neck, Queens, New York
  9. Howell, Michigan
  10. Menomonee Falls, Wisconsin

Redfin Senior Economist Asad Khan explained what’s behind this pattern: “Many of these neighborhoods sit just outside major hubs like Milwaukee, Chicago, and Tampa, hitting a sweet spot: lower cost of living without giving up access to highly rated schools, shopping, and dining. They have the convenience of big cities without the big-city price tags.”

Any neighborhoods on this list surprise you? Or any you expected to see that didn’t make it?

u/RedfinJeremy — 16 days ago
▲ 9 r/USHousingMarket+1 crossposts

A Redfin-commissioned survey found that 47% of U.S. residents oppose AI data centers being built in their neighborhoods, while 38% support them. Support is higher among millennials, Republicans, and Gen Z, while Democrats, renters, and baby boomers are more likely to oppose them. Overall, data centers face more opposition than any other building types, including apartments and mixed-use developments.

With around 3,000 data centers already built in the U.S. and thousands more planned, how would you feel about one going up near you?

u/RedfinJeremy — 17 days ago
▲ 0 r/USHousingMarket

Data from a Redfin report states that U.S. pending home sales rose 2.7% YoY during the four weeks ending April 26, with mortgage-purchase applications at their highest level in three months. The weekly average mortgage rate also dropped to 6.23% from 6.46%, which may be encouraging some buyers to re-enter the market and prompting more sellers to list their homes.

If you were previously looking but decided to take a step back during the early days of the Iran war, are falling mortgage rates enough to get you back on the hunt?

u/RedfinJeremy — 21 days ago
▲ 4 r/USHousingMarket

Redfin's new weekly series called The Price Point explores housing inventory across a rotating combination of budgets and metro areas.

The first one looks at what $500k can buy in Tampa, Fl, Chicago, IL, and Denver, Co. Here's the breakdown of the photos above:

  • Tampa, FL:
    • An amenity-rich condo – 1,112 sq ft
    • A waterfront single-family home – 2,507 sq ft
  • Chicago, IL:
    • A city-center condo – 1,316 sq ft
    • Historic suburban house– 1,900 sq ft
  • Denver, CO:
    • A downtown duplex – 1,000 sq ft
    • A renovated ranch – 1,100 sq ft

If you had $500k, which city and property are you choosing?

u/RedfinJeremy — 27 days ago