Barbara Corcoran’s Best Cities for Real Estate Investing: Pittsburgh, Columbus, and Indianapolis

Real estate investment expert Barbara Corcoran has identified three cities that she believes will soon see a significant increase in home values. According to Corcoran, Pittsburgh, Columbus, and Indianapolis are prime locations for real estate investing due to their young, educated populations, job growth, and presence of major companies.

In Pittsburgh, the average home value is $227,329, with a 6.2% increase over the past year. The city is known for its thriving steel industry and is also a hub for industries such as advanced manufacturing, climate tech, and distribution and logistics. With 88 colleges and universities in the area, 33% of the working population holds four-year degrees or higher.

Columbus, Ohio, has an average home value of $243,838, marking a 6.9% increase over the past year. Homes in Columbus are in high demand, with the average home going pending in around five days. The city boasts the third-best business climate in the nation and is home to major brands like ScottsMiracle-Gro, JPMorgan Chase, and Abercrombie & Fitch.

In Indianapolis, the average home value is $224,099, up 2.3% over the past year. The city has a diverse economy, with significant contributions from the education, healthcare, and finance sectors. Indianapolis is also a hub for sports tourism, hosting numerous conventions and sporting events, including the iconic Indianapolis 500.

For those looking to invest in real estate, these cities offer promising opportunities for growth and potential returns. As the real estate market continues to evolve, staying ahead of trends and investing in up-and-coming areas can lead to significant financial gains.