The No. 1 Emerging Real Estate Market In America Is Also The RV Capital Of The World

The pandemic spurred millions of Americans to abandon city life, fleeing to the ‘burbs. A new report highlights a novel destination for would-be homeowners to consider: The R.V. capital of the world.

The Wall Street Journal/Realtor.com Emerging Housing Markets Index, released Tuesday, ranked Elkhart-Goshen, Ind., as the top housing market. 

The northern Indiana city is known to produce as much as 80% of recreational vehicles globally, with manufacturers headquartered in the city. These include companies like Jayco, Keystone, and more. The metro area has one of the lowest unemployment rates compared to others on the index, at 1.6%, the report said.

The median list price for a home in Elkhart-Goshen was $279,450 in June, which was up 17.2% from the previous year, according to Realtor.com.

The index analyzes the 300 largest metropolitan areas across the country in an effort to highlight housing markets that are poised to benefit homeowners and investors alike.

To view the full list, check out the article from Barron's here.