This City Is The Clear Winner Of Zillow's 2024 Home Value Forecast — Here's How To Invest In Its Real Estate Market With $100

Zillow provides a glimpse into the future for the more than 110 million homes listed on its website. The immense pool of information gives Zillow the ability to see where markets are headed, which is useful for investors. 

The company recently analyzed the 2,000 largest U.S. ZIP codes and ranked them according to how much their home values are expected to increase in 2024. Any state with multiple neighborhoods in the top 10 could consider itself lucky. One city had two and you can invest in its real estate market with $500.  

Trending: Elon Musk and Jeff Bezos are bullish on one city that could dethrone New York and become the new financial capital of the US. Investing in its booming real estate market has never been more accessible.

Miami's real estate market is so hot that even the nationwide market slowdown didn't affect it. Its metro area added 1.2 million new residents between 2001 and 2021, lured by the Magic City's favorable weather, location and pro-business environment. Miami is the fourth fastest-growing city in the country, and its target demographic is what any real estate investor could hope for. Between 2012 and 2022, the number of millionaires in Miami grew by 75%. That's partly the reason that Miami's home prices in the past five years look like this: 

miami real estate growth

(Source: Redfin)

While San Francisco's look like this: 

san francisco real estate growth

(Source: Redfin)

And New York's look like this:

(Source: Redfin) 

Three of Miami's ZIP codes landed on Zillow’s top 10 forecast list. North Miami ranked third with growth projected at 8.8%, while Brownsville and North Miami Beach tied for sixth at 8.5% growth, demonstrating homebuyers’ interest in the area. 

If you're looking to invest in real estate, numbers say that these Miami neighborhoods are where you should be looking. By doing so, you undertake the responsibilities of owning and managing a home, which can cause many headaches. The safer alternative is to buy shares of Miami’s Cityfund.

(Photo courtesy of Nada) 

Cityfunds consist of single-family homes scattered across one urban area. They allow you to go long on an entire city for an amount you're comfortable with. It's like an exchange-traded fund (ETF) that specializes in single-family homes in one city. Nonaccredited and accredited investors can acquire shares of an area-specific fund and profit from appreciation in value. Miami Cityfund is up 14.4% since it was created, significantly surpassing projected returns. 

With its burgeoning population, increasing wealth and resilient property market, Miami is a prime target for real estate investors. And Miami's Cityfund represents one of the best ways to invest in it at your own pace. For as little as $100, you can own a slice of Miami's real estate market and profit from its future growth. 

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