17 Best Cities To Wholesale Real Estate [UPDATED 2025]

In this Real Estate Skills exclusive article, we'll reveal the best cities to wholesale real estate across the USA.

Whether you are a seasoned investor or a newbie looking to break into the wholesaling market, this list will provide invaluable insights to help steer your decision-making process and maximize your return on investment.

Here are the 17 best cities for wholesaling real estate:

1. Houston, Texas
2. Austin, Texas
3. Dallas, Texas
4. Rochester, New York
5. Atlanta, Georgia
6. Denver, Colorado
7. Jacksonville, Florida
8. Miami, Florida
9. Phoenix, Arizona
10. Tampa, Florida
11. Indianapolis, Indiana
12. Orlando, Florida
13. San Antonio, Texas
14. Charleston, South Carolina
15. Memphis, Tennessee
16. Colorado Springs, Colorado
17. Grand Rapids, Michigan

It’s no surprise that Florida and Texas dominate this list of the best cities to wholesale real estate in the United States. With 8 of the top 17 cities located in these two powerhouse states, they continue to stand out as prime locations for real estate opportunities. But why are Florida and Texas so appealing for wholesalers, especially in 2025?

For starters, both states boast booming populations. Florida remains a magnet for retirees and remote workers seeking sunshine and affordability, while Texas continues to attract businesses, job seekers, and families thanks to its strong economy and no state income tax. This population growth fuels a high demand for housing, making it easier for wholesalers to find motivated sellers and eager buyers.

Additionally, both are relatively landlord-friendly states, keeping transaction costs low and profits high. Whether you're a seasoned pro or just starting out in the industry, Florida and Texas are set to remain hotspots for wholesaling success.

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*Before we begin our guide, be sure to watch our video on the 10 BEST States To Wholesale Real Estate!

Covering the entire span of the country, we delve into what sets each of these states apart, creating a perfect environment for both wholesalers and real estate investors.

Want more real estate videos? Be sure to visit our YouTube channel, here!

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Why Start Wholesaling Real Estate In 2025?

If you’re wondering why 2025 might be the perfect year to start wholesaling real estate, the answer lies in the way the economy is shaping up. Experts are projecting potentially lower interest rates and a surprisingly resilient economy, which could create the ideal environment for real estate investors. Wholesaling real estate thrives when market conditions support steady buyer demand and motivated sellers—and that’s exactly what 2025 is expected to bring.

Lower interest rates will likely make it easier for end buyers to secure financing, which is excellent news for wholesalers looking to quickly assign contracts to investors or retail buyers. Additionally, a stronger-than-anticipated economy means steady job growth and increased confidence in the housing market, leading to higher activity in the best cities to wholesale real estate.

At the same time, many sellers may still be looking to offload properties after years of high inflation and fluctuating markets. This creates opportunities for wholesalers to step in, connect buyers and sellers, and profit from their efforts. With these favorable conditions, 2025 could be your chance to establish a lucrative wholesaling business in cities where demand and opportunity align perfectly.

Read Also: The Best Places To Invest In Real Estate In 2025

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*Before we begin our list of the best places to wholesale real estate this year, we invite beginners to view our video on How To Wholesale Real Estate Step by Step (IN 21 DAYS OR LESS)!

Host and CEO of Real Estate Skills, Alex Martinez, provides a comprehensive, step-by-step guide for beginners to start wholesaling real estate!

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The Best Cities To Wholesale Real Estate In 2025

When it comes to finding the best cities to wholesale real estate, location matters more than ever. Wholesaling thrives in markets with a healthy balance of motivated sellers, active buyers, and steady demand for housing. Across the United States, some cities stand out for their strong economies, population growth, and investor-friendly conditions, making them hotspots for lucrative real estate deals. Whether you're just starting or looking to scale your wholesaling business, focusing on the right cities can make all the difference.

Let’s dive into the top locations dominating the real estate wholesaling scene in 2025 and explore what makes them ideal for success.

1. Houston, Texas

Houston is one of the largest cities in Texas (near Galveston Bay). With a globally recognized oil and gas industry and impressive job growth opportunities, there’s no reason to think Space City won’t continue its incredible growth rate. In particular, Houston’s metropolitan area—which includes Harris, Montgomery, and Ford—has demonstrated an increased propensity for growth and very attractive wholesale prospects for investors.

• Median Home Value: $264,520 (2025)
• 1-Year Appreciation Rate: 0.3% (2025)
• Median Days On Market: 42 (2025)
• Population: 2,302,878 (Latest U.S. Census Bureau Estimates)
• Median Household Income: $56,019 (Latest U.S. Census Bureau Estimates)
• Affordability Index: 169.9 (Latest Information From The NAR)

Houston earns its spot among the best cities to wholesale real estate thanks to its impressive growth potential and vibrant market dynamics. With a median home value of $264,520 and a manageable appreciation rate of 0.3%, the city offers accessible entry points for wholesalers without the sticker shock seen in pricier markets. For investors, this means lower upfront costs and more room to negotiate deals.

Properties in Houston move quickly, with a median of just 42 days on the market, signaling strong buyer demand—a key factor for successful wholesaling. Add to that a robust population of over 2.3 million and a median household income of $56,019, and you’ve got a thriving consumer base that drives consistent demand for housing.

Houston's affordability index of 169.9 further solidifies its appeal, making it attractive to both investors and end buyers. With this combination of affordability, demand, and growth, Houston provides wholesalers with ample opportunities to secure deals, connect buyers and sellers, and profit from one of the most dynamic real estate markets in the country.

2. Austin, Texas

Austin is well known for its educational opportunities, LBJ’s Presidential Library, vibrant music scene, and bustling nightlife. However, Austin’s popularity hit new heights in 2020 when Tesla announced its intentions to build an auto plant that would dramatically impact the local job market. According to TechCrunch, Tesla’s latest annual compliance report acknowledged that the electric vehicle manufacturer plans to invest at least $1.1 billion in the county over the next five years, making Austin even more attractive for wholesalers.

• Median Home Value: $513,622 (2025)
• 1-Year Appreciation Rate: -4.0% (2025)
• Median Days On Market: 89 (2025)
• Population: 974,447 (Latest U.S. Census Bureau Estimates)
• Median Household Income: $78,965 (Latest U.S. Census Bureau Estimates)
• Affordability Index: 137.5 (Latest Information From The NAR)

Austin continues to shine as one of the best cities to wholesale real estate, offering a mix of challenges and opportunities that make it an exciting market for wholesalers. Known for its thriving economy and booming job market—bolstered by major players like Tesla—Austin attracts a steady influx of residents seeking quality housing and strong employment prospects.

While the median home value of $513,622 may seem high compared to other markets, it reflects strong buyer demand for desirable living conditions. The negative appreciation rate of -4.0% suggests the market may be cooling slightly, which could play to a wholesaler's advantage by presenting opportunities to identify undervalued properties and negotiate deals at more favorable prices.

Homes typically spend 89 days on the market, giving wholesalers time to strategically market properties to the right buyers. With a population nearing one million and a median household income of $78,965, Austin’s robust economy provides a solid foundation for consistent housing demand. Despite higher home prices, the affordability index of 137.5 indicates that the market remains accessible, particularly for creative investors targeting rental demand or repositioning properties.

For wholesalers willing to navigate its dynamic landscape, Austin offers a wealth of opportunities to succeed in a vibrant and growing city.

3. Dallas, Texas

Dallas is another excellent location to consider wholesaling real estate in 2023. The county seat of Dallas County extends into Colling, Rockwall, Denton, and Kaufman counties, giving investors a wide range of opportunities. Like the rest of the Texas real estate market, wholesalers are enjoying the current market cycle because of the city’s rapid growth and diversity.

• Median Home Value: $306,276 (2025)
• 1-Year Appreciation Rate: -0.5% (2025)
• Median Days On Market: 46 (2025)
• Population: 1,299,544 (Latest U.S. Census Bureau Estimates)
• Median Household Income: $58,231 (Latest U.S. Census Bureau Estimates)
• Affordability Index: 167.4 (Latest Information From The NAR)

In addition to the leading indicators, Dallas ranked third on Indeed’s list of “Best Cities For Job Seekers”; that, combined with excellent affordability, a strong demand, and a median home value within the nation’s approximate average, makes Dallas a great place to wholesale real estate.

Dallas stands out as one of the best cities to wholesale real estate, offering a balanced mix of affordability, demand, and economic growth that makes it a prime market for wholesalers. With a median home value of $306,276, Dallas provides a more accessible entry point compared to other major cities, attracting both first-time buyers and seasoned investors. The slight dip in appreciation at -0.5% signals market stability, giving wholesalers confidence in the predictability of their investments.

The average time on market for homes in Dallas is 46 days, a favorable metric for wholesalers looking to move properties quickly and keep holding costs low. A population of nearly 1.3 million paired with a median household income of $58,231 reflects a thriving community with strong housing demand. Additionally, an affordability index of 167.4 reinforces the city's appeal, as many buyers can still find homes within reach despite recent market changes.

Dallas’s booming job market continues to draw new residents, further fueling housing demand. For wholesalers, this creates opportunities to target everything from distressed properties to rental investments, making the city a versatile and profitable choice for those ready to capitalize on its dynamic real estate market.

4. Rochester, New York

The metro Rochester area in New York (which usually includes six surrounding counties) is the third-largest in the Empire State. Rochester’s Economic Development anticipates Rochester, home to Xerox and Kodak, will be a top metropolitan area for overall growth.

• Median Home Value: $217,411 (2025)
• 1-Year Appreciation Rate: N/A (2025)
• Median Days On Market: 12 (2025)
• Population: 209,352 (Latest U.S. Census Bureau Estimates)
• Median Household Income: $40,083 (Latest U.S. Census Bureau Estimates)
• Affordability Index: 278.1 (Latest Information From The NAR)

Rochester, New York, has earned its place among the best cities to wholesale real estate thanks to its affordability, fast-moving market, and promising economic trends. With a median home value of $217,411, Rochester offers one of the most accessible markets in the country, making it an excellent choice for new wholesalers looking to break into real estate without overwhelming upfront costs.

Homes in Rochester average just 12 days on the market, reflecting strong buyer demand and providing wholesalers with the opportunity for quick turnarounds—a key factor in maximizing profits. While specific appreciation rates aren't available, the city's sustained economic growth, anchored by major employers like Xerox and Kodak, points to a positive trajectory for housing values.

Rochester’s population of over 209,000 and a median household income of $40,083 create a diverse buyer pool, from first-time homeowners to seasoned investors. An impressive affordability index of 278.1 highlights its budget-friendly appeal, making neighborhoods like Dutchtown particularly attractive for wholesalers targeting affordable properties or rental investments.

With its unique blend of affordability, demand, and economic stability, Rochester offers wholesalers a versatile and profitable market to build long-term success.

5. Atlanta, Georgia

Atlanta is the crown jewel of Georgia (also known as the Peach State); it offers a diverse population, industries, and real estate investments. Atlanta’s airport constantly ranks as one of the world’s busiest airports, suggesting the economy is growing.

• Median Home Value: $391,178 (2025)
• 1-Year Appreciation Rate: -1.5% (2025)
• Median Days On Market: 63 (2025)
• Population: 499,127 (Latest U.S. Census Bureau Estimates)
• Median Household Income: $69,164 (Latest U.S. Census Bureau Estimates)
• Affordability Index: 178.1 (Latest Information From The NAR)

Atlanta continues to shine as one of the best cities to wholesale real estate, thanks to its balance of affordability, strong demand, and economic vibrancy. With a median home value of $391,178, the city offers wholesalers plenty of opportunities to work with a wide range of buyers while remaining accessible for new investors entering the market.

The 1-year appreciation rate of -1.5% suggests a stable market with room for strategic investments, while a median of 63 days on the market ensures properties are moving at a reasonable pace. This is a key factor for wholesalers aiming to flip contracts quickly and keep their profit margins intact. Atlanta’s growing population of nearly half a million and a median household income of $69,164 reflect a robust economy supported by diverse industries, which continuously drive housing demand.

An affordability index of 178.1 highlights that, despite rising values, Atlanta remains within reach for many buyers, creating fertile ground for both flipping and rental strategies. With these solid metrics and ongoing growth, Atlanta offers wholesalers the tools to succeed in a market primed for long-term opportunity.

6. Denver, Colorado

Denver’s economy and population have proven resilient, growing at an impressive rate in recent years. In addition to hosting some of the most beautiful outdoor recreational areas of the United States, Colorado also has a flat income tax at the state level, so no matter what you earn, the state income tax never varies. Denver made our list of “The Best Cities To Wholesale In” for one reason: demand.

• Median Home Value: $547,159 (2025)
• 1-Year Appreciation Rate: -1.5% (2025)
• Median Days On Market: 38 (2025)
• Population: 713,252 (Latest U.S. Census Bureau Estimates)
• Median Household Income: $78,177 (Latest U.S. Census Bureau Estimates)
• Affordability Index: 113.5 (Latest Information From The NAR)

Denver stands out as one of the best cities to wholesale real estate for those ready to navigate its competitive yet rewarding market. With a median home value of $547,159, the city’s higher property prices reflect strong demand, making it a market where strategic pricing and quick decision-making are essential for wholesalers to succeed.

Although the 1-year appreciation rate has dipped slightly to -1.5%, this cooling trend could open doors for investors to find undervalued properties, positioning themselves ahead of potential market rebounds. Homes in Denver spend an average of 38 days on the market, emphasizing the importance of acting fast to secure deals and move contracts efficiently.

With a population of over 713,000 and a median household income of $78,177, Denver’s thriving economy continues to fuel housing demand. While the affordability index of 113.5 is lower compared to other cities, buyers remain active, creating opportunities for wholesalers who can meet their needs in this competitive environment.

Denver’s tight inventory and robust demand require wholesalers to stay sharp, adaptable, and ready to seize opportunities as they arise, making it an exciting and lucrative market for those prepared to put in the work.

7. Jacksonville, Florida

Jacksonville is located near the Georgia border and the Atlantic Coastline. This northern Florida city has seen consistent growth in population and home values recently. The unique combination of appreciation and interest has helped Jacksonville become one of the best cities to wholesale real estate.

• Median Home Value: $290,837 (2025)
• 1-Year Appreciation Rate: -0.4% (2025)
• Median Days On Market: 64 (2025)
• Population: 971,319 (Latest U.S. Census Bureau Estimates)
• Median Household Income: $58,263 (Latest U.S. Census Bureau Estimates)
• Affordability Index: 157.4 (Latest Information From The NAR)

Jacksonville is undoubtedly one of the best cities to wholesale real estate, offering a combination of affordability and growing demand that makes it ideal for investors. With a median home value of $290,837—well below the national average—the city attracts buyers and investors alike, creating ample opportunities for wholesalers to secure and assign contracts profitably.

The 1-year appreciation rate of -0.4% reflects steady, sustainable growth, signaling a market that’s still accessible to new investors while offering potential for long-term gains. Homes spend an average of 64 days on the market, providing wholesalers with a reasonable window to connect buyers and sellers without the pressure of an ultra-fast turnover.

Jacksonville’s population of over 971,000 supports consistent housing demand, while a median household income of $58,263 keeps the market affordable for a broad range of buyers. An affordability index of 157.4 further highlights the city’s accessibility, ensuring properties remain attractive to both end buyers and investors.

For wholesalers, Jacksonville offers a thriving market where affordability meets opportunity, making it an excellent choice for those looking to grow their real estate business.

8. Miami, Florida

Miami is one of the hottest markets in the country, if not the world. While always a winter playground for “snowbirds” looking to escape the frigid temperature of their current living situations, Miami’s residential market receives much attention year-round. Most notable, however, is the international demand for Miami real estate. Buyers worldwide appear to covet real estate in Miami, which bodes well for wholesalers trying to facilitate deals.

• Median Home Value: $584,467 (2025)
• 1-Year Appreciation Rate: 5.5% (2025)
• Median Days On Market: 78 (2025)
• Population: 2,673,837 (Latest U.S. Census Bureau Estimates)
• Median Household Income: $57,815 (Latest U.S. Census Bureau Estimates)
• Affordability Index: 96.7 (Latest Information From The NAR)

Miami stands out on the list of best cities to wholesale real estate as a high-value yet dynamic market, offering unique opportunities for savvy wholesalers. With a median home value of $584,467, it is one of the most expensive markets, but a robust 5.5% appreciation rate signals consistent demand and rising property values, creating potential for highly profitable deals.

While the affordability index of 96.7 highlights the market's challenges—making homes less accessible for some buyers—it also opens the door for wholesalers to target cash-ready investors or international buyers drawn to Miami's global appeal. The city’s international reputation as a cultural and economic hub ensures a steady flow of interest from buyers across the spectrum.

Properties in Miami spend an average of 78 days on the market, giving wholesalers sufficient time to assign contracts while still capitalizing on the city’s fast-paced growth. With a population of 2.67 million fueling strong housing demand, Miami’s vibrant and evolving real estate scene offers wholesalers the chance to thrive in one of the most competitive and rewarding markets in the country.

9. Phoenix, Arizona

Phoenix has always enjoyed a good reputation amongst those who love outdoor living and retirees. As one of the most active markets in all of Arizona, Phoenix has combined historic demand with rapid rates of appreciation; this unique combination offers wholesalers the ability to seek out more deals and potentially earn more per contract assignment.

• Median Home Value: $414,977 (2025)
• 1-Year Appreciation Rate: 0.5% (2025)
• Median Days On Market: 56 (2025)
• Population: 1,644,409 (Latest U.S. Census Bureau Estimates)
• Median Household Income: $64,927 (Latest U.S. Census Bureau Estimates)
• Affordability Index: 130.9 (Latest Information From The NAR)

Phoenix consistently ranks among the best cities to wholesale real estate, offering both challenges and opportunities for savvy investors. With a median home value of $414,977, the market leans toward the higher end, but a steady 0.5% appreciation rate underscores rising property values and the potential for significant profits on well-negotiated deals.

Homes in Phoenix spend an average of 56 days on the market, providing wholesalers with a manageable window to assign contracts. However, competition is intense, as the city remains a hotspot for both local and out-of-state investors, along with retirees drawn to its warm climate and quality of life. A population of over 1.6 million fuels ongoing housing demand, while a median household income of $64,927 ensures many buyers are well-positioned to afford properties in the area.

The affordability index of 130.9 highlights Phoenix’s appeal compared to other major markets, as it offers a balance between rising home values and relative accessibility. For those who know how to wholesale real estate in Arizona, Phoenix provides a vibrant and rewarding market where wholesalers who can find and analyze deals strategically can thrive despite the competition.

Read Also: Is Wholesaling Real Estate Legal in Arizona?

10. Tampa, Florida

The number of homes sold above list price in Tampa is dropping year-over-year, and about 34.6% of homes have exercised price drops. As a result, homeowners are looking to sell—and sell fast. With a relatively affordable market, wholesalers who can identify these sellers should find Tampa to be a great place to invest.

• Median Home Value: $375,818 (2025)
• 1-Year Appreciation Rate: 0.2% (2025)
• Median Days On Market: 44 (2025)
• Population: 398,173 (Latest U.S. Census Bureau Estimates)
• Median Household Income: $59,893 (Latest U.S. Census Bureau Estimates)
• Affordability Index: 148.8 (Latest Information From The NAR)

Florida consistently ranks as one of the best states to wholesale real estate, thanks to its strong housing demand and relatively affordable property values. Among its standout markets, Tampa shines as a prime example of why Florida continues to attract real estate investors and wholesalers alike.

Tampa’s real estate metrics make it one of the best cities to wholesale properties, offering a balanced mix of affordability and opportunity. With a median home value of $375,818, Tampa provides more accessible entry points than many other major markets, appealing to a diverse pool of buyers and investors.

A 0.2% appreciation rate reflects steady, manageable growth, ideal for wholesalers who want to operate in a market with increasing value but without the volatility of skyrocketing prices. Homes in Tampa spend an average of just 44 days on the market, highlighting strong buyer demand and enabling wholesalers to assign contracts quickly.

The city’s population of nearly 400,000 supports a constant need for housing, while a median household income of $59,893 keeps properties affordable for many. With an affordability index of 148.8, Tampa’s market remains attractive to both end buyers and investors, ensuring steady demand.

Combined with motivated sellers and competitive pricing, Tampa offers a dynamic and profitable environment for wholesalers ready to take advantage of its thriving real estate market.

11. Indianapolis, Indiana

Indianapolis has attracted a lot of attention from wholesalers and investors outside Indiana because of its affordability. In fact, Forbes acknowledges that Indiana is one of the cheapest states to live in in 2023, and Indianapolis is a big reason why. The city’s affordability creates demand at a time when demand is pent-up. The combination of activity and affordability has made Indianapolis one of the country's best cities to wholesale real estate.

• Median Home Value: $223,261 (2025)
• 1-Year Appreciation Rate: 2.6% (2025)
• Median Days On Market: 21 (2025)
• Population: 880,621 (Latest U.S. Census Bureau Estimates)
• Median Household Income: $54,321 (Latest U.S. Census Bureau Estimates)
• Affordability Index: 205.0 (Latest Information From The NAR)

Indianapolis is quickly cementing its reputation as one of the best cities to wholesale real estate, thanks to its incredible affordability and fast-paced market. With a median home value of $223,261—over $100,000 below the national average—this city offers unbeatable opportunities for wholesalers looking to find properties at attractive prices.

Homes in Indianapolis don’t stick around for long, spending an average of just 21 days on the market. High demand means wholesalers need to move quickly to lock in deals, but the payoff is well worth the effort. The city’s 2.6% appreciation rate points to steady growth, giving investors confidence that their properties will increase in value over time.

A population of over 880,000 ensures a robust pool of potential buyers, while the median household income of $54,321 aligns perfectly with the local housing market, keeping properties accessible for many. Plus, with an affordability index of 205.0—one of the best in the country—Indianapolis offers a rare mix of low costs and strong demand.

For wholesalers, this combination of affordability, rapid turnover, and steady appreciation makes Indianapolis a must-watch market for consistent and profitable opportunities.

12. Orlando, Florida

Orlando isn’t only one of the best cities to wholesale real estate in Florida; it’s one of the country's best cities to wholesale real estate. Orlando, a city in the center of the Floridian peninsula, has been an investor’s haven since Mickey Mouse took up residence decades ago. Orlando is an exciting mix of high-tech employment and tourism.

• Median Home Value: $380,216 (2025)
• 1-Year Appreciation Rate: 1.6% (2025)
• Median Days On Market: 49 (2025)
• Population: 316,081 (Latest U.S. Census Bureau Estimates)
• Median Household Income: $58,968 (Latest U.S. Census Bureau Estimates)
• Affordability Index: 131.8 (Latest Information From The NAR)

“Orlando is currently growing at a rate of 0.5% annually, and its population has increased by 1.52% since the most recent census,” according to World Population Review. By any metric, the city is growing fast, which means there will be plenty of real estate deals for wholesalers to help with.

Orlando’s real estate market offers tremendous opportunities for wholesalers due to its consistent growth and vibrant mix of tourism and high-tech industries. The median home value of $380,216 positions it as a middle-range market, making properties affordable for many while still offering the potential for significant appreciation.

With a steady 1.6% appreciation rate, home values in this market are on the rise, making it an ideal environment for wholesalers aiming to secure deals that promise ongoing growth. Additionally, the median time on market is just 49 days, underscoring the fast-paced nature of the area. For wholesalers, this means acting quickly is essential to take advantage of the brisk turnover and capitalize on high demand.

Orlando’s population of over 316,000 continues to grow at a steady rate, fueled by both economic and tourism-driven demand, ensuring a consistent flow of buyers and investors. The city’s median household income of $58,968 means many residents can still afford properties despite the rising home values.

Additionally, an affordability index of 131.8 shows that while home prices are rising, they remain within reach for a large portion of the population. For wholesalers, Orlando offers a dynamic market with plenty of opportunities to close deals in a city with constant demand for housing and a growing economy.

13. San Antonio, Texas

San Antonio is another Texas city that made our “Best Cities To Wholesale” list. Continuing the trend, San Antonio combines historic demand with rapidly increasing home values. In fact, the latest rate of appreciation across the country has made San Antonio more attractive to out-of-state investors.

• Median Home Value: $250,834 (2025)
• 1-Year Appreciation Rate: -2.8% (2025)
• Median Days On Market: 62 (2025)
• Population: 1,472,909 (Latest U.S. Census Bureau Estimates)
• Median Household Income: $55,084 (Latest U.S. Census Bureau Estimates)
• Affordability Index: 168.1 (Latest Information From The NAR)

San Antonio’s real estate market is a hidden gem for new wholesalers, combining steady growth with affordability that’s hard to beat. With a median home value of $250,834—well below the national average—San Antonio offers an attractive entry point for investors looking to break into the market without overextending themselves.

Although the 1-year appreciation rate has dipped slightly by -2.8%, this actually creates opportunities for wholesalers. Motivated sellers may be more open to quick deals, giving you the chance to lock in favorable contracts. Homes in San Antonio spend an average of 62 days on the market, which gives you enough time to identify opportunities and connect buyers and sellers without feeling rushed.

The city’s population of over 1.4 million keeps housing demand strong, and with a median household income of $55,084, many homes remain accessible to a wide range of buyers. San Antonio’s affordability index of 168.1 only adds to its appeal, making it an excellent choice for wholesalers targeting both local and out-of-state buyers.

If you’re just starting out or looking to expand your wholesaling business, San Antonio offers a perfect mix of affordability, demand, and opportunity to help you thrive.

14. Charleston, South Carolina

Charleston is in South Carolina, among the most charming coastal cities in the southern United States. Charleston is still affordable, although median home prices have risen above national averages recently. Nonetheless, the city’s affordability continues to attract a lot of attention. The demand facilitates much activity, which bodes well for wholesalers.

• Median Home Value: $562,825 (2025)
• 1-Year Appreciation Rate: 5.8% (2025)
• Median Days On Market: 60 (2025)
• Population: 419,279 (Latest U.S. Census Bureau Estimates)
• Median Household Income: $70,807 (Latest U.S. Census Bureau Estimates)
• Affordability Index: 148.3 (Latest Information From The NAR)

The Charleston region’s population is expanding faster than the national average, further indicating the area's popularity. Therein lies the benefit for local wholesalers: activity will facilitate more deals.

15. Memphis, Tennessee

Memphis, located along the Mississippi River, is Tennessee’s second most populous city. Memphis’s inland port offers a great job market, which would explain the city’s rapid growth in population over the last few decades. That growth is also responsible for the need for more housing. As new buyers enter the market and interest rates settle, the demand will cater to local wholesalers.

• Median Home Value: $145,930 (2025)
• 1-Year Appreciation Rate: 0.8% (2025)
• Median Days On Market: 40 (2025)
• Population: 621,056 (Latest U.S. Census Bureau Estimates)
• Median Household Income: $43,981 (Latest U.S. Census Bureau Estimates)
• Affordability Index: 175.0 (Latest Information From The NAR)

Memphis has scored some of the highest appreciation rates but remains quite affordable from a historical perspective. In fact, the median home value in Memphis is less than half the national average, which should promote a lot of activity for wholesalers to capitalize on.

Memphis presents a compelling landscape for wholesalers, driven by its unique economic factors and affordable housing market. With a median home value of just $145,930, Memphis is significantly below the national average, making it an attractive option for first-time buyers and investors alike. This affordability plays a crucial role in sustaining demand, particularly as the city’s population continues to grow, now at 621,056. The 0.8% appreciation rate, while modest, indicates a steady upward trend that can still benefit wholesalers looking to secure properties for assignment.

Homes in Memphis average 40 days on the market, suggesting a healthy turnover that allows wholesalers to quickly identify potential deals. The median household income of $43,981, coupled with an affordability index of 175.0, further illustrates the city’s potential for growth—affordable homes are within reach for a wide array of buyers, fueling ongoing market activity.

As new residents continue to flock to the area for job opportunities linked to its strategic location as an inland port, the demand for housing will only increase, creating fertile ground for wholesalers eager to tap into Memphis's thriving market.

Overall, the combination of affordability, job growth, and rising interest from new buyers positions Memphis as a prime city for wholesalers looking to thrive in a competitive real estate environment.

16. Colorado Springs, Colorado

The Colorado Springs real estate market has seen impressive appreciation and population growth. Over the last decade, the city’s population has increased by more than 12%. In only a few years, the population is expected to eclipse 500,000, according to World Population Review. The increasing population and equally impressive gains in the real estate market suggest wholesalers can thrive for the foreseeable future.

• Median Home Value: $450,829 (2025)
• 1-Year Appreciation Rate: 0.5% (2025)
• Median Days On Market: 54 (2025)
• Population: 486,248 (Latest U.S. Census Bureau Estimates)
• Median Household Income: $71,957 (Latest U.S. Census Bureau Estimates)
• Affordability Index: 133.1 (Latest Information From The NAR)

Only a short drive from Denver, the Colorado Springs real estate market received much attention during the pandemic when more people were looking to escape big cities. Today, the influx of demand continues; that, combined with increasing home values, represents an excellent opportunity for wholesalers.

Colorado Springs has emerged as a thriving hub for real estate, offering significant opportunities for wholesalers eager to capitalize on its impressive growth trajectory. With a median home value of $450,829, the market reflects a solid investment potential, even as it remains more accessible compared to nearby Denver.

The city's 1-year appreciation rate of 0.5% indicates a steady, if modest, increase in home values, signaling that while growth may be gradual, the market is stable and resilient. Properties in Colorado Springs spend an average of just 54 days on the market, suggesting a competitive landscape where homes are selling quickly—an important consideration for wholesalers aiming to secure contracts swiftly.

The city's population has grown to 486,248, and projections indicate it will surpass 500,000 soon, which bodes well for sustained demand. Additionally, a median household income of $71,957 supports this growth, allowing more residents to invest in homes. With an affordability index of 133.1, Colorado Springs remains relatively affordable, ensuring that a diverse range of buyers are looking for properties.

Overall, the combination of rapid population growth, strong demand, and increasing home values positions Colorado Springs as an ideal market for wholesalers ready to make their mark in the Colorado real estate landscape.

17. Grand Rapids, Michigan

Grand Rapids is one of the popular mid-sized metro areas in the Midwest, including western Pennsylvania and Ohio. In particular, Grand Rapids is one of the best cities for first-time homebuyers, according to SmartAsset. Thanks largely to its affordability, livability, and employment opportunities, Grand Rapids attracts an entire generation of buyers who need starter homes. Investors who can facilitate their transactions stand to benefit immensely.

• Median Home Value: $271,960 (2025)
• 1-Year Appreciation Rate: 4.4% (2025)
• Median Days On Market: 12 (2025)
• Population: 196,908 (Latest U.S. Census Bureau Estimates)
• Median Household Income: $55,385 (Latest U.S. Census Bureau Estimates)
• Affordability Index: 200.1 (Latest Information From The NAR)

Median home values in Grand Rapids are significantly below national averages, which is why the city attracts many first-time homebuyers. Fortunately for wholesalers, those first-time buyers need homes, which is why Grand Rapids rounds out the list.

Grand Rapids stands out as a vibrant market for wholesalers, especially with its reputation as an appealing destination for first-time homebuyers. The median home value of $271,960 is attractively low compared to national averages, making it accessible for many buyers looking to enter the housing market.

This affordability is reinforced by a robust 4.4% appreciation rate over the past year, indicating a strong upward trend that suggests both stability and potential for future growth. Homes in Grand Rapids are selling quickly, with a median days on market of just 12, which creates an urgent environment for wholesalers to secure properties and move quickly to close deals.

The city's population of 196,908, along with a median household income of $55,385, supports a steady demand for housing, particularly among younger buyers seeking starter homes. An affordability index of 200.1 reflects the market's favorable conditions for buyers, enhancing the likelihood of successful transactions for wholesalers.

As the city continues to attract a new generation of homeowners drawn by its livability and job opportunities, wholesalers who can effectively navigate this market will find themselves in a prime position to capitalize on the increasing demand for homes in Grand Rapids.

Read Also: Is Wholesaling Real Estate Legal In Michigan?

How To Determine What City Is Best For Wholesaling Real Estate

Wholesaling real estate is an investment strategy that has shot to superstardom in real estate investing. The reasons why wholesaling houses has become a wildly popular investment strategy are relatively simple – real estate investors have recognized that real estate wholesaling is quite profitable, especially for a market operating in Phase II (a.k.a., expansion) of the real estate market cycle.

• As a real estate investment strategy, wholesale real estate requires minimal capital.
• Depending on your resources, wholesaling investment properties can be done with less-than-perfect credit.
• Wholesaling is a short-term investment strategy that helps minimize potential risk, especially when compared to flipping houses.
• Wholesaling fits hand-in-glove with the modern digital marketplace with data available from many sources and apps like Zillow and Redfin.
• Wholesaling is the type of real estate investment strategy that can be used to grow or scale a business.

Wholesalers search for potential real estate wholesale properties and profit-generating opportunities. Properties are often distressed properties (priced below market value) owned by financially-challenged sellers (i.e., foreclosure). When a wholesaler finds an investment that meets their criteria, they enter a contract with one of the homeowners selling a viable investment – for an agreed-upon price within a specified timeframe.

Read Also: Out-Of-State Real Estate Investing: A Beginner’s Guide

The executed contract awards the wholesaler (or any buyer) equitable interest as defined by the Doctrine of Equitable Conversion.

Equitable conversion is the legal standard that awards the wholesaler/buyer legal title - ’owner-in-equity’ of the subject property.

This equity ownership is the asset in which you, as the wholesaler, can freely market and sell. Equitable interest is the only asset you hold that can be sold without a real estate licensee, realtor, or the need to become a real estate agent for yourself.

An experienced real estate wholesaler actively networks with various real estate-related professionals, hard money, and traditional lenders, plus a buyers list that would likely - include many cash buyers.

But how does a wholesaler begin to know how to evaluate a real estate deal in a market objectively? Should it be a rental property or a multi-unit? The answer is usually highly personal and depends on the wholesaler’s experience, skill, resources, and professional goals. The good news is that since the digital marketplace has established a stronghold in real estate, wholesaling is no longer largely dependent on one’s physical location. Virtual wholesaling is now available and successfully practiced by many wholesalers.

Read Also: Wholesale Contracts In Real Estate: FREE PDF & Template

Market Conditions To Consider When Wholesaling Real Estate

The Market’s growth rate during the past two years is representative of property values growing on steroids. And while record growth has impressed and awarded investors more than once since mid-century modern furniture was in style, the past 24 months can undoubtedly be viewed as one of the all-time top performance periods. This remarkable real estate growth during recent years was energized by:

• Pandemic-changing demands and needs due to a disruption to life as one knew it.
• Speculators realized real estate became a sound investment, especially during economic and political turmoil.
• Historically low-interest rates were reduced to keep the economy from tanking due to the pandemic, to name a few.

What is certain is that this unprecedented growth is unsustainable, although no one can know exactly when a shift in the market will occur.

And a shift may not necessarily be as gloomy as it sounds because, in the world of wholesaling, new market metrics define new opportunities for clever real estate investors who can shift strategies on the fly to align with modified market conditions. For instance, identifying the best markets to wholesale real estate 2025 can position investors to take advantage of emerging trend.

Before you can determine if the market or city is suitable, you need to have a firm understanding of the wholesale process, the laws that govern, and the market specifics in which you plan to operate. The following demographic and economic indicators should be considered when evaluating a market’s investment viability.

Note that the national data included below is a benchmark used by wholesalers considering new investments. Specific market metrics impact differently – depending on the wholesaler, the neighborhood, the market, and the state.

Home Values

Home values have experienced every end of the spectrum in as little as four years. Heading into the pandemic, prices appreciated year-over-year since 2012. It is important to note, however, that prices rose because of supply and demand issues; there simply weren’t enough homes to keep up with demand. As a result, prices peaked around 2022.

That pandemic also fueled an influx of homebuying, as government stimuli and record savings put more money in people’s pockets. The pandemic is also responsible for historic inflation, and the Federal Reserve will stop at nothing to end the weaker dollar. In doing so, the Fed raised interest rates, which ultimately curtailed a decade’s long runup in home values.
Despite the slowdown in appreciation, the median home value in the United States is about $348,853, up 1.2% year-over-year and about 55% higher than five years ago.

Pro Tip: Market cycles inevitably change. Stay tuned to the Market and adjust strategies as conditions warrant.

Days On Market (DOM)

Days On Market, which indicates the time it takes for an accepted offer. The DOM offers an insight into the competitive demand for the subject in its local market, making it a crucial factor for anyone looking to find the best place to wholesale real estate The smaller the DOM, the more likely that demand will outpace supply.

Demographic & Population Trends

Demographics, like statistics regarding population, area income, and population growth, offer valuable data regarding the area in which you hope to invest. Demographic data can provide trending insights. Population trends impact demand and thus real estate prices. For example, the Millennial generation is now ranked as the largest, with buying power that cannot be overlooked in investment analysis.

Interest Rates

Interest rates fluctuate for several reasons. Economists use interest rates as a tool to help control the economy. The most significant impact is a change in Prime Rate by the Federal Reserve Bank. The FED attempts to tame Inflation or encourage growth by making money more (or less) expensive to borrow. The FED’s latest move is designed to cool a red-hot inflationary marketplace.

Lower rates attract more buyers because each dollar buys that much more of a house.

Interest rate changes can significantly influence a person's ability to purchase a residential property. It can impact wholesalers who use mortgage funds as a tool to complete the wholesale deal.

Pro Tip: Wholesaling real estate requires little capital – usually just a small percentage of the agreed-upon price, known as an earnest money deposit that is held in escrow. Interest rates have no impact on the money that is not borrowed.

Affordability Index

"This index uses the value of 100 to represent the position of someone earning a population’s median income, with values above 100 indicating that an item is more likely to be affordable and values below 100 indicating that an item is less affordable. Points below 100 indicate that a median family may struggle to qualify for a mortgage on a home in the area, while a value of 100 indicates that the typical family has exactly enough income to qualify."

Affordability is a complex index– dependent on variables like relative income, GDP, interest rate adjustments, and home values, among others. The following graphically shows the somewhat complicated interrelationship of these factors.

Source

Final Thoughts

Successful wholesalers understand the mechanics of wholesaling before diving in headfirst. When you have learned how to wholesale real estate, the many available market metrics can provide incredible insightful information to the trained eye. It is, as they say, hidden in plain sight.

But any way you look at it wholesaling real estate is a very profitable investment technique in many different cities and markets, particularly in the best wholesaling markets 2025. To properly utilize this technique and learn the strategies that go into this process a wholesaler must seek proper guidance and training to build up a successful career. They must also learn to remain within the legal boundaries when wholesaling houses in whichever city they choose to launch their real estate wholesaling business.

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*Disclosure: Real Estate Skills is not a law firm, and the information contained here does not constitute legal advice. You should consult with an attorney before making any legal conclusions. The information presented here is educational in nature. All investments involve risks, and the past performance of an investment, industry, sector, and/or market does not guarantee future returns or results. Investors are responsible for any investment decision they make. Such decisions should be based on an evaluation of their financial situation, investment objectives, risk tolerance, and liquidity needs.