Zillow reveals best housing markets for first-time home buyers

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The Zillow analysis found that half of the 10 best markets for first-time buyers are in the Midwest.

If you’re looking to purchase your first home, you may want to consider one of these housing markets.A new analysis by Zillow has revealed this year’s best markets for first-time home buyers – with half of the top markets residing in the Midwest.

Austin, while not the most affordable housing market on this list, ranked first in the number of similar-age households living there with which a buyer can build a community. In 2023, first-time home buyers accounted for half of all home purchases, according to Zillow’s Consumer Housing Trends Report."That’s the highest share in the report’s history, which dates back to 2018, and up from a low of 37% in 2021," Zillow wrote.

 

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