Top Suburban Market in Upstate NY Tops List for First-Time Home Buyers

Irondequoit, a town just 5 miles outside Rochester, N.Y., has been ranked as the No. 1 market for first-time home buyers in 2024 due to its affordability and expected home-price appreciation. The median listing price is substantially lower than the national median, but low inventory is leading to homes being snapped up quickly. The area's popularity has grown due to its affordability, proximity to the Finger Lakes region, and the presence of notable universities and attractions in Rochester. Other promising markets for first-time buyers in 2024 include Benton, Ark.; Winterset, Iowa; and Newington, Conn., all known for their affordable housing options.