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For Sale Real Estate Sign in Front of New House.

Source: Feverpitched / Getty

INDIANAPOLIS–Indianapolis made Zillow’s top five hottest real estate markets for 2024, ranking behind Cincinnati and Columbus Ohio and Buffalo. New York. Providence RI comes home fifth. Zillow is a tech real-estate marketplace company and the most visited real-estate website in the United States. For rankings it considered home value growth, recent housing market velocity, projected changes in the labor market, home construction activity, and the number of homeowner households. Indianapolis is the only metropolitan area in Indiana large enough to qualify for Zillow’s report. But places like Fort Wayne in northeastern Indiana also are experiencing strong and stable markets.