20 Best Hidden Gem Housing Markets in the South for 2025

Core Insights - Major Southern cities such as Baltimore, Pensacola, and Clarksburg are identified as top hidden gem housing markets, primarily due to their affordable cost of living [1] Summary by Category Housing Market Analysis - GOBankingRates conducted a study analyzing data from Zillow, AreaVibes, and the Federal Reserve to rank cities based on livability index and median household income [2] - The study highlights the best hidden gem housing markets in the United States, particularly in the South [2] City-Specific Data - Lynchburg, Virginia: - Median household income: $59,808 - Average monthly mortgage: $1,514 - Livability score: 91 - Average home value: $264,559 (state average: $417,032) [4] - Wakefield, Virginia: - Median household income: $221,793 - Average monthly mortgage: $1,167 - Livability score: 73 - Average home value: $203,891 (state average: $417,032) [6] - Cumberland, Maryland: - Median household income: $47,819 - Average monthly mortgage: $875 - Livability score: 78 - Average home value: $152,788 (state average: $450,720) [7] - Pensacola, Florida: - Median household income: $72,699 - Average monthly mortgage: $1,491 - Livability score: 83 - Average home value: $260,455 (state average: $402,892) [11] - Baltimore, Maryland: - Median household income: $59,623 - Average monthly mortgage: $1,072 - Livability score: 77 - Average home value: $187,275 (state average: $450,720) [13] Additional Insights - The analysis indicates that these cities offer a combination of affordability and livability, making them attractive for potential homebuyers [1][2]