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Rochester Leads 10 Best Markets for First-Time Homebuyers in 2026

The ranking focuses on affordability for 25- to 34-year-olds under a 6.25% mortgage-rate assumption.

Overview

  • Realtor.com ranks Rochester, N.Y., first, followed by Harrisburg, Pa., and Granite City, Ill., in its new top-10 for first-time buyers.
  • The full list also includes Birmingham, Ala.; North Little Rock, Ark.; Syracuse, N.Y.; Baltimore, Md.; St. Louis Park, Minn.; Pittsburgh, Pa.; and Garfield Heights, Ohio.
  • Rankings weigh affordability, for-sale inventory, local amenities and metro economic outlooks, using a 6.25% 30-year rate and 10% down to apply a 30% income-to-payment test.
  • Six of the ten are principal cities, reflecting the study’s emphasis on amenities and commute times, and the West is absent for the second straight year.
  • Across more than 10,000 places evaluated, only 35.2% meet the affordability benchmark, underscoring how limited such options remain nationally.