Best Towns in US Set to Thrive in 2023: Insights from 5 Real Estate Agents on America’s Hottest Housing Markets
Big cities like Chicago, New York, or Los Angeles might offer you all the luxuries and amenities you crave for, but the peace and charm you get from the small towns is one-of-a-kind. From amazing natural scenery to quaint downtown districts, these towns offer you their own kind of beauty and diversity! In this article, we have tried to offer you a shortlist of some of such amazing small towns, which also have excellent housing markets.
Best Towns in US That Will Thrive in 2023
If you are looking for a small town to live in, you should consider the lifestyle and amenities it offers as well as the market condition of the town. Carefully analyzing the features and market trends of these small towns, here we have brought to you a shortlist of some of the best small towns you can get your feet in.
Pendergrass, Georgia
Pendergrass is a small town located in Northern Georgia, and it has a population of 2023. This town has long been a spread-out and rural town, but it is starting to see more developments and residents lately.
“One of the aspects that make Pendergrass stand out is its location,” said Joe Forness from Coldwell Banker Realty. “It is situated just off of Interstate 85, and thus allows easy access to nearby cities like Athens, Atlanta, and Greenville. For buyers who want both a rural setting and an easy commute to nearby cities for work. Pendergrass is an excellent option.”
Indeed, if you want to have the small-town feel and community atmosphere, Pendergrass won’t let you down. It can be a great investment too, as home prices in Pendergrass were 8.6% up in March 2023 compared to the last year.
ReidVille, SC
Reidville is known for its peaceful ambiance and laid-back atmosphere. You’ll find plenty of friendly and welcoming people here, and the community is also close-knit.
“Reidville is a small town with a big heart,” said Fant Camak from Coldwell Banker-Caine. “Despite the small size, this town has a lot to offer its residents. You’ll find plenty of parks and green spaces, and this town is also home to many excellent restaurants.”
You have plenty of homes to choose from in Reidville, in different sizes and styles. There are many new-construction homes here as well as undeveloped lands where you can build your own home. Home prices in Reidville start in the mid to low $300,000 range, which makes it an affordable place to live.
House prices in this town were up 58.3% in March 2023 compared to last year, and they were selling for a median price of $199K.
Montgomery, Texas
Montgomery is a small town to the north of Houston with a population of 3,092. This town is located just west of the 21,000-acre Lake Conroe in Texas and is a popular destination for people who seek to get away without going too far outside the city.
“Like many other markets in the United States, the Montgomery housing market has experienced a strong buyer demand in recent years,” according to Kenneth Smith from Ignite Realty Investments. “The Covid-19 pandemic has affected the housing market too, with many people moving from the urban areas to the rural and suburban areas like Montgomery.
In Match 2023, the median sale price of Montgomery homes was $360K last month, which is 4.3% up since the last year.
Berry Hill, Tennesse
With less than a square mile in area, Berry Hill has a population of 1,763. Jonathan Harris from Scout Realty said, “People are frequently looking for housing options in Tennessee, thanks to its proximity to Nashville. This town is a pleasant and charming place to live in.”
Berry Hill has a strong housing market overall, with high demand from buyers and increasing home values. As a part of the Nashville metro area center, Berry Hill is home to many recording studios and businesses related to the music industry.
Berry Hill home prices were up 5.8% in November 2022 compared to last year, and they were selling for a median price of $688K.
Millville, Delaware
Locals call this town “Slower Lower Delaware”, which gives you a glimpse of the laid-back and relaxed life you can enjoy here! This small town has seen an increase in population lately, and currently, it has a population of 2,046.
As Sandy Greene from Keller Williams Realty said, “The strongest force behind Millville’s population boom is the recent construction of master-planned communities and new subdivisions. It allows for a higher population density in this small town, while also meeting the growing demand for housing inventory in this area.”
The median sale price in Millville is $396K.
We believe this article can offer you a better idea of some of the best small towns to thrive in 2023. By carefully analyzing the features and offerings of these small towns, you will easily find the best next destination for you!
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