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San Jose, Calif., Salt Lake City, Utah, and San Francisco Round out the Top Markets "A mix of accessibility to charging facilities and a high share of EV-friendly homes listed on Realtor.com® made these places the most EV-friendly housing markets," said Danielle Hale, Chief Economist of Realtor.com®. "The data shows that home sellers are very aware of the trend toward electrification. Mirroring the rise in the number of electric vehicles, the share of homes marketing EV-friendly characteristics on Realtor.com® is growing over time. Similarly, rates of EV adoption vary by market, and rates of EV-friendly homes in different areas reflect this. As the number of EV owners grows, I expect to see more demand for at-home charging and EV friendly characteristics from both buyers and renters. Sellers and property managers who can meet this demand-which can be found in newer and older homes- will undoubtedly have an edge." Top EV-Friendly Housing Markets
The analysis of most EV-friendly housing markets looked at markets on Realtor.com® with a great combination of EV-friendly listings and congestion index, measured as the ratio of EVs and Plug-In Hybrids (PHEVs) to public charging ports to uncover the best housing markets for electrified-vehicle owners. The Rise in EV ownership Means More Demand EV-Friendly Homes In the number one EV-friendly housing market, San Jose, Calif., one in five households has an electric vehicle. The metro area, consequently, also saw the highest share of EV-friendly homes listed (4.9%) among all the metros in 2023. Additionally, Boulder, Colo. (3.4%), Seattle, Wash. (3.3%), Bloomington, Ill. (2.2%), Urban Honolulu, Hawaii (2.1%), Bend, Ore. (2.1%), Trenton, N.J. (2.0%) and Austin, Texas (2.0%) all saw a higher-than-average share of EV-friendly homes listed for sale. "We have found a clear and positive synergy between the housing market and EV adoption," remarked Jonathan Smoke, Chief Economist, Cox Automotive. "While we remain in the early innings in the electrification of the auto market with dramatic variation in adoption thus far, EV-friendly homes are proving to be key. Having access to a charger is fundamental to the ease of use for an EV, and when that charger is in a home it is both convenient and economical. This in turn makes EV-friendly homes stand out in markets with more EV owners." Opportunity for EV-Friendly Home Growth For more information on the top housing markets for EV owners and for a general snapshot of the state of EV ownership and home friendliness please visit https://www.realtor.com/research/electric-vehicles-2024/. Methodology About Realtor.com® About Cox Automotive Media contact: press@realtor.com
SOURCE realtor.com 
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