For the second year in a row, Buffalo, New York, has secured the top spot on Zillow's list of the hottest housing markets, earning the distinction of being the first market to secure the No. 1 ranking in back-to-back years.

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Buffalo is home to the hottest major housing market in 2025, according to a newly released report by Zillow, and it's the first time a market has held the title in back-to-back years.

With a strong job market and home prices 37% below the national average, Buffalo continues to lead as the hottest market in the U.S.