First-time homebuyers entering the housing market are being advised to consider Pennsylvania’s capital for the new residence.
According to the 2025 Realtor.com Best Markets for First-Time Homebuyers report, Harrisburg, Pennsylvania, was ranked number one among markets with an expected 2025 population of at least 5,000 and at least 500 homes for sale.
Rounding out the top 10 in the new report were Rochester, New York; Villas, Florida; Lauderdale Lakes, Florida; Altamonte Springs, Florida; Lansing, Michigan; North Little Rock, Arkansas; Baltimore; Tonawanda, New York; and Wilmington, Delaware.
Realtor.com noted all 10 of the top markets have a median listing price well below the national median of $416,880 – the most expensive was Villas, which has a median listing price of $236,950.
“Last year saw historically low activity for first-timers, with the group accounting for only 24% of successful homebuyers,” said Danielle Hale, chief economist at Realtor.com. “While home prices remain high and mortgage rates are forecasted to stay above 6% throughout 2025, the year is expected to see more inventory hit the market – a silver lining for shoppers who will see more or less choice depending on where they are.”
Hale added, “The places highlighted offer opportunities for first timers in terms of the cost of housing, availability of homes for sale, and quality of the location. Even in these high-opportunity areas, tradeoffs likely need to be considered for buyers to get to the closing table. Choosing the best place will come down to what’s most important to each buyer and their family, and our list of places, and their qualities, is a good guide.”
Photo courtesy Harrisburg Regional Chamber & CREDC