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Hottest Housing Markets for Millenials in 2016

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Millenials have already started to command a lion’s share of the housing market, and have become a strong focus of realtors nationwide. The attention isn’t unwarranted either – Millenials are 43.5 million strong as a whole. Older Millenials, those 25 to 34, comprise 13.6 percent of the U.S. population alone and are 30 percent of the current population of existing homebuyers, reports Realtor Mag.

2016 is bound to be a big year for Millenial homebuyers. A recent study by Realtor.com highlights the top 10 markets that will likely see a surge in Millenial homebuyers. Following are the metros that emerged to the top of the Realtor.com’s list:

  1. Atlanta

Median list price: $234,000

Population share of older Millennials (24 to 35 years old): 13.6%

  1. Pittsburgh

Median list price: $149,000

Population share of older Millennials: 12.3%

  1. Memphis, Tenn.

Median list price: $164,000

Population share of older Millennials: 13.5%

  1. Boston

Median list price: $408,000

Population share of older Millennials: 13.8%

  1. Austin, Texas

Median list price: $367,000

Population share of older Millennials: 16.5%

  1. San Diego

Median list price: $585,000

Population share of older Millennials: 15.5%

  1. Seattle

Median list price: $398,000

Population share of older Millennials: 14.9%

  1. Houston

Median list price: $312,000

Population share of older Millennials: 14.4%

  1. Denver

Median list price: $449,000

Population share of older Millennials: 14.9%

  1. Charlotte, N.C.

Median list price: $230,000

Population share of older Millennials: 13.1%