Investor competition by market
Investor demand spikes where price-to-rent ratios work, populations are growing, and inventory turns. This ranks the U.S. by a composite investor-demand index — higher = more competition.
Last updated
Top 25 nationally
| # | City | State | Investor demand index | Score | |
|---|---|---|---|---|---|
| 1 | Chicago | IL | 84 / 100 | 84 | View |
| 2 | Louisville | KY | 84 / 100 | 84 | View |
| 3 | Saint Louis | MO | 84 / 100 | 84 | View |
| 4 | Cincinnati | OH | 84 / 100 | 84 | View |
| 5 | Oklahoma City | OK | 84 / 100 | 84 | View |
| 6 | Edmond | OK | 84 / 100 | 84 | View |
| 7 | Philadelphia | PA | 84 / 100 | 84 | View |
| 8 | Indianapolis | IN | 83 / 100 | 83 | View |
| 9 | Overland Park | KS | 83 / 100 | 83 | View |
| 10 | Columbus | OH | 83 / 100 | 83 | View |
| 11 | Birmingham | AL | 82 / 100 | 82 | View |
| 12 | Wichita | KS | 82 / 100 | 82 | View |
| 13 | Lexington | KY | 82 / 100 | 82 | View |
| 14 | New Orleans | LA | 82 / 100 | 82 | View |
| 15 | Baton Rouge | LA | 82 / 100 | 82 | View |
| 16 | Kansas City | MO | 82 / 100 | 82 | View |
| 17 | Omaha | NE | 82 / 100 | 82 | View |
| 18 | Cleveland | OH | 82 / 100 | 82 | View |
| 19 | Dayton | OH | 82 / 100 | 82 | View |
| 20 | Tulsa | OK | 82 / 100 | 82 | View |
| 21 | Houston | TX | 82 / 100 | 82 | View |
| 22 | San Antonio | TX | 82 / 100 | 82 | View |
| 23 | Dallas | TX | 82 / 100 | 82 | View |
| 24 | Austin | TX | 82 / 100 | 82 | View |
| 25 | Little Rock | AR | 81 / 100 | 81 | View |
By state
Top picks within each state. Click through for the full state-level ranking.
Alabama
AL- 1. Birmingham82 / 100
- 2. Mobile79 / 100
- 3. Montgomery79 / 100
Alaska
AK- 1. Anchorage75 / 100
- 2. Fairbanks71 / 100
- 3. Wasilla70 / 100
Arizona
AZ- 1. Phoenix77 / 100
- 2. Tucson76 / 100
- 3. Mesa75 / 100
Arkansas
AR- 1. Little Rock81 / 100
- 2. Fayetteville78 / 100
- 3. Fort Smith78 / 100
California
CA- 1. San Jose68 / 100
- 2. San Francisco68 / 100
- 3. San Diego65 / 100
Colorado
CO- 1. Denver71 / 100
- 2. Aurora69 / 100
- 3. Colorado Springs68 / 100
Connecticut
CT- 1. Bridgeport72 / 100
- 2. New Haven72 / 100
- 3. Hartford72 / 100
Delaware
DE- 1. Wilmington75 / 100
- 2. Newark73 / 100
- 3. Dover71 / 100
Florida
FL- 1. Miami78 / 100
- 2. Orlando77 / 100
- 3. Jacksonville77 / 100
Georgia
GA- 1. Atlanta79 / 100
- 2. Alpharetta77 / 100
- 3. Marietta76 / 100
Hawaii
HI- 1. Honolulu61 / 100
- 2. Kailua58 / 100
- 3. Waipahu57 / 100
Idaho
ID- 1. Boise71 / 100
- 2. Nampa69 / 100
- 3. Pocatello69 / 100
Illinois
IL- 1. Chicago84 / 100
- 2. Aurora79 / 100
- 3. Naperville79 / 100
Indiana
IN- 1. Indianapolis83 / 100
- 2. Fort Wayne80 / 100
- 3. Carmel79 / 100
Iowa
IA- 1. Des Moines79 / 100
- 2. Cedar Rapids79 / 100
- 3. Urbandale79 / 100
Kansas
KS- 1. Overland Park83 / 100
- 2. Wichita82 / 100
- 3. Olathe79 / 100
Kentucky
KY- 1. Louisville84 / 100
- 2. Lexington82 / 100
- 3. Bowling Green77 / 100
Louisiana
LA- 1. New Orleans82 / 100
- 2. Baton Rouge82 / 100
- 3. Shreveport80 / 100
Maine
ME- 1. Portland70 / 100
- 2. Bangor69 / 100
- 3. Lewiston68 / 100
Maryland
MD- 1. Baltimore75 / 100
- 2. Silver Spring73 / 100
- 3. Columbia72 / 100
Massachusetts
MA- 1. Worcester66 / 100
- 2. Springfield66 / 100
- 3. New Bedford66 / 100
Michigan
MI- 1. Rochester81 / 100
- 2. Grand Rapids80 / 100
- 3. Troy80 / 100
Minnesota
MN- 1. Minneapolis79 / 100
- 2. Saint Paul79 / 100
- 3. Osseo75 / 100
Mississippi
MS- 1. Madison81 / 100
- 2. Jackson79 / 100
- 3. Brandon79 / 100
Missouri
MO- 1. Saint Louis84 / 100
- 2. Kansas City82 / 100
- 3. Ballwin80 / 100
Montana
MT- 1. Missoula69 / 100
- 2. Great Falls68 / 100
- 3. Billings67 / 100
Nebraska
NE- 1. Omaha82 / 100
- 2. Lincoln80 / 100
- 3. Papillion76 / 100
Nevada
NV- 1. Las Vegas75 / 100
- 2. Reno71 / 100
- 3. North Las Vegas71 / 100
New Hampshire
NH- 1. Manchester68 / 100
- 2. Nashua67 / 100
- 3. Concord66 / 100
New Jersey
NJ- 1. Newark70 / 100
- 2. Paterson69 / 100
- 3. Trenton68 / 100
New Mexico
NM- 1. Albuquerque80 / 100
- 2. Las Cruces75 / 100
- 3. Santa Fe75 / 100
New York
NY- 1. Bronx76 / 100
- 2. Brooklyn75 / 100
- 3. Rochester74 / 100
North Carolina
NC- 1. Charlotte79 / 100
- 2. Raleigh77 / 100
- 3. Greensboro77 / 100
North Dakota
ND- 1. Fargo76 / 100
- 2. Bismarck76 / 100
- 3. Grand Forks74 / 100
Ohio
OH- 1. Cincinnati84 / 100
- 2. Columbus83 / 100
- 3. Cleveland82 / 100
Oklahoma
OK- 1. Oklahoma City84 / 100
- 2. Edmond84 / 100
- 3. Tulsa82 / 100
Oregon
OR- 1. Portland73 / 100
- 2. Salem71 / 100
- 3. Eugene70 / 100
Pennsylvania
PA- 1. Philadelphia84 / 100
- 2. Pittsburgh81 / 100
- 3. West Chester79 / 100
Puerto Rico
PR- 1. San Juan75 / 100
- 2. Carolina73 / 100
- 3. Bayamon72 / 100
Rhode Island
RI- 1. Providence71 / 100
- 2. Pawtucket68 / 100
- 3. Warwick67 / 100
South Carolina
SC- 1. Columbia78 / 100
- 2. Greenville77 / 100
- 3. Charleston76 / 100
South Dakota
SD- 1. Sioux Falls76 / 100
- 2. Rapid City75 / 100
- 3. Aberdeen71 / 100
Tennessee
TN- 1. Memphis80 / 100
- 2. Nashville78 / 100
- 3. Knoxville78 / 100
Texas
TX- 1. Houston82 / 100
- 2. San Antonio82 / 100
- 3. Dallas82 / 100
Utah
UT- 1. Salt Lake City71 / 100
- 2. Ogden68 / 100
- 3. Provo68 / 100
Vermont
VT- 1. Burlington68 / 100
- 2. Rutland67 / 100
- 3. Essex Junction67 / 100
Virginia
VA- 1. Virginia Beach75 / 100
- 2. Richmond75 / 100
- 3. Alexandria75 / 100
Washington
WA- 1. Spokane68 / 100
- 2. Tacoma67 / 100
- 3. Seattle66 / 100
Washington D.C.
DC- 1. Washington66 / 100
West Virginia
WV- 1. Charleston80 / 100
- 2. Morgantown79 / 100
- 3. Martinsburg78 / 100
Wisconsin
WI- 1. Milwaukee81 / 100
- 2. Madison78 / 100
- 3. Green Bay76 / 100
Wyoming
WY- 1. Cheyenne73 / 100
- 2. Casper72 / 100
- 3. Gillette70 / 100
Methodology
Demand index = 50% market size (population) + 30% affordability (lower median home value = more buy-box appeal) + 20% income (rent-paying capacity). Higher = hotter / more competition.
FAQ
- What does 'high investor demand' mean for the U.S. sellers?
- More cash offers, faster closes, and competitive bidding on under-priced inventory.
- Does this measure cap rates?
- Indirectly. Cap rates correlate with the affordability and income factors but vary at the property level.
- How do I get on the investor list?
- Join the buyer network via the investor hub — verified investors get first-look on new off-market deals.
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