The 10 Best Cities for New Home Seekers

New home data from Realtor.com showed an unconventional blend of cities leading the U.S. in home construction permits earlier this year, promising ample future supply.

New home under construction
(Image credit: Getty Images)

Finding a new home in your budget can be hard in a tight housing market with elevated mortgage rates. Last year, new home construction permits for single-family dwellings declined by about 14% over the previous year. 

This continues a trend since the 1990s of U.S. housing starts per 1,000 households declining to half of what they were during the previous 30 years. Total housing starts fell 4.5% to 1.309 million annualized units in January and are now down 21.4% from a year ago. 

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Home Data As of March 22, 2023
MetroSingle-Family New-Home Construction Permits in 2022Median Single-Family Home List Price
Myrtle Beach, SC11,550$410,000
Ocala, FL5,318$309,950
Salisbury, MD4,271$508,495
Fayetteville, AR5,435$406,400
Austin, TX20,289$544,375
Raleigh, NC12,494$459,702
Boise, ID5,913$573,125
Provo, UT5,136$661,925
Nashville, TN15,189$549,945
Gulfport, MS3,055$298,750

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Ben Demers
Audience Engagement Manager, Kiplinger.com

Ben Demers manages digital content and engagement at Kiplinger, informing readers through a range of personal finance articles, e-newsletters, social media, syndicated content, and videos. He is passionate about helping people lead their best lives through sound financial behavior, particularly saving money at home and avoiding scams and identity theft. Ben graduated with an M.P.S. from Georgetown University and a B.A. from Vassar College. He joined Kiplinger in May 2017.