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Top-Selling Cities for Housing

Updated: May 21



How does bedroom mix vary across major U.S. housing markets? We analyzed the bedroom mix across the Top 10 MSAs by Housing Units Sold as of February 2025 to uncover key trends shaping local housing markets.

 

The data reveals how buyer preferences vary by metro, influenced by housing stock, household demographics, and regional development patterns—insights crucial for investors and developers navigating today’s market.



Key Takeaways:


  • Larger homes dominate in high-growth Southern markets

    In metros like Dallas, Atlanta, and Phoenix, 3-bedroom and 4-bedroom units account for the majority of sales, indicating a market landscape where larger floor plans are more prevalent.


  • Compact unit shares remain significant in denser, coastal metros

    Markets such as New York and Chicago show higher shares of studio and 1-bedroom units, aligning with their historically dense housing supply and urban-core apartment demand.


  • Variation in 3-bedroom unit dominance

    While 3-bedroom homes are the most common product type overall, the share ranges widely—from 26% in New York to over 40% in Dallas and Phoenix—suggesting differing buyer needs across regions.


  • Unit mix differences emphasize the value of local insights

    There’s no one-size-fits-all product type. Understanding market-specific unit mix patterns can help investors, developers, and planners align more closely with local demand.


Food for Thought:

Housing demand is constantly evolving, driven by economic shifts, demographic changes, and migration patterns.

Are developers adapting to these shifts effectively? Or will future supply imbalances create new challenges?



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Dennis Lee

CEO at Market Stadium

Prev. Lionstone Investments Research Team



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