5. Nashville, Tennessee
Nashville has been showing signs of a real estate boom. With a 5% increase in home sales over 2015, and record-breaking numbers of new residents moving to Tennessee’s capital, Nashville is an exciting city to watch over 2016. Many are attracted by its low cost of living compared to big cities like Chicago or New York City. The median home price in Nashville is $187,100 as of January 2016, while median rent costs $1,085 per month.