Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Real estate experts say these will be the 10 hottest US neighborhoods in 2016

KATHLEEN ELKINSJan 31, 2016, 01:00 IST

Shutterstock

Where will American homebuyers turn in 2016?

According to real estate website Redfin, which releases an annual list of the hottest neighborhoods nationwide, buyers will be prioritizing affordability, charm, and access to public transportation in 2016. The emphasis on affordability explains why the San Francisco Bay Area - where the median sale price of homes is now over $1 million - didn't crack the top 10 for the first time.

"Another trend that has emerged in this year's hottest neighborhoods is that buyers are looking for homes and neighborhoods with character," Redfin reports.

Here, we've highlighted the 10 neighborhoods projected to take off in 2016, which Redfin ranked by looking at the most recent growth in page views and favorites per home on their site. We also included the median number of days a home is on the market in that neighborhood, the median sale price for 2015, and insights from local Redfin real estate agents: