Although Colorado Springs ranked as the hottest market for the third consecutive month, Fort Wayne, Indiana, and Topeka, Kansas, also rose the ranks.

Although it’s no surprise that Colorado Springs, Colorado, was’s hottest market for the third consecutive month, the company’s hottest markets list for the month of April contains a number of dark horses.

For instance, Fort Wayne, Indiana, ranked as the second hottest market, a significant rise in the ranks from its ranking as No. 54 in April 2019. Topeka, Kansas, made third hottest market, easily besting its ranking of 15th place from the previous year, and Pueblo, Colorado, made significant gains year-over-year as well, jumping from 42nd place in April 2019 to fourth place in April 2020. establishes ranking for its hottest markets lists by analyzing where buyers are clicking on the most home listings on and where homes are spending the fewest number of days on market.

Javier Vivas |

“We’re seeing the continuation of earlier trends where we don’t expect the smaller, more affordable markets to cool down anytime soon,” Javier Vivas, director of economic research at, said in a statement.

“For markets to remain hot,” Vivas added, “They’ll need to have an abundant supply of homes and a thriving job market.”

Properties in Colorado Springs gained about two times as many views as the average home in the U.S. These homes were sold in a median of 32 days, about twice as fast as average homes across the country. However, the median home price in Colorado Springs during April was $472,500, about 48 percent higher than the national median home price of $320,000. noted, however, that even in the hottest markets, activity has generally been slower year-over-year in the wake of the COVID-19 pandemic.

Only four of the top 20 hottest markets sold faster in April 2020 compared to the previous year (Fort Wayne, Indiana; Pueblo, Colorado; Yuba City, California; and Burlington, North Carolina). In contrast, in March 2020, days on market were down for all’s hottest markets. While only three markets in March’s hottest markets list saw fewer views per property year-over-year, 15 markets saw fewer views per property during April 2020 compared to April 2019.

The only hottest market during April to both gain more views per property and see number of days on the market improve was Pueblo, Colorado.

“Markets like Pueblo are attracting buyers that have been priced out of Denver,” Vivas said in a statement. “Homebuying demand has been pushed out of the bigger cities and into adjacent, [smaller] cities that tend to be lower-priced.”

Email Lillian Dickerson

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription