Rockford, Illinois, dethroned Manchester, New Hampshire, to claim the top spot on Realtor.com's list of the Hottest Housing Markets for the first time ever. The city's listings attracted nearly three times as many viewers on the website last month compared to the national average, indicating strong buyer interest. Rockford's ranking on the Market Hotness Index, which measures demand and supply dynamics, highlights its affordability and sustained demand in a challenging housing market.
One Illinois city claimed the top spot on Realtor.com's list of the Hottest Housing Market s for the first time ever, squeezing by Manchester, New Hampshire.
Rockford might be best known for its industrial and manufacturing industry, having garnered the nickname"The Screw City."Listings in the city attracted nearly three times as many viewers on Realtor.com last month than the national average, indicating a high level of buyer interest, according to the popular real estate website. Rockford ranked 98.
Rockford claimed the top spot on the list for the first time ever, squeezing by Manchester, New Hampshire, which has obtained the No. 1 ranking 31 times since the index was started in 2017.“Rockford’s hotness means that high demand is met with low inventory as buyers claim available homes,” Realtor.com senior economic analyst Hannah Jones said in a news release.
Housing Market Rockford Illinois Real Estate Demand Affordability
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