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According to Kelley Blue Book, a Cox Automotive company, 1.2 million U.S. vehicle buyers chose to go electric in 2023. The shift to electric vehicles (EVs) has presented new homeowner needs like home-charging ability and easy access to charging facilities nearby.

A new report from Realtor.com and Cox Automotive has revealed the top housing markets for EV owners. These markets include: San Jose, California; Salt Lake City; San Francisco; Boston; Seattle; Durham, North Carolina; Austin, Texas; Los Angeles; Washington, D.C.; and Denver.

“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 show that home sellers are very aware of the trend toward electrification. Mirroring the rise in the number of EVs, 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."

Hale continues, "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.”

The analysis of most EV-friendly housing markets looked at markets with a great combination of EV-friendly listings and congestion index, measured as the ratio of EVs and plug-in hybrids to public charging ports.

Top EV-Friendly Housing Markets

Rank

Top Markets
Share of EV-Friendly Listing
# EV per Public Charging Port

1

San Jose-Sunnyvale-Santa Clara, CA
4.9%

24

2

Salt Lake City, UT
1.6%

17

3

San Francisco-Oakland-Berkeley, CA
3.8%

29

4

Boston-Cambridge-Newton, MA-NH
1.3%

13

5

Seattle-Tacoma-Bellevue, WA
3.3%

29

6

Durham-Chapel Hill, NC
1.7%

21

7

Austin-Round Rock-Georgetown, TX
2.0%

24

8

Los Angeles-Long Beach-Anaheim, CA
3.1%

29

9

Washington-Arlington-Alexandria, DC-VA-MD-WV
1.6%

19

10

Denver-Aurora-Lakewood, CO
1.6%

20

11

San Diego-Chula Vista-Carlsbad, CA
2.6%

30

12

Sacramento-Roseville-Folsom, CA
1.9%

26

13

Atlanta-Sandy Springs-Alpharetta, GA
1.3%

19

14

Oxnard-Thousand Oaks-Ventura, CA
2.9%

40

15

Riverside-San Bernardino-Ontario, CA
2.6%

33

16

Urban Honolulu, HI
2.1%

36

17

Portland-South Portland, ME
0.8%

13

18

Portland-Vancouver-Hillsboro, OR-WA
1.7%

32

19

Fresno, CA
0.7%

14

20

Las Vegas-Henderson-Paradise, NV
1.1%

28

More Demand for EV-Friendly Homes

The share of home listings being described as EV-friendly is growing. In 2023, 0.9% of for-sale homes listed on Realtor.com were described as EV-friendly. While the share was slightly below 1%, it was only 0.1% five years ago.

In the No. 1 EV-friendly housing market, San Jose, 1 in 5 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, Colorado (3.4%); Seattle (3.3%); Bloomington, Illinois (2.2%); Honolulu (2.1%); Bend, Oregon (2.1%); Trenton, New Jersey (2%); and Austin (2%) 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,” says 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.”

Additionally, the crowded public charging facilities in EV-friendly markets like Oxnard, California, and Portland, Oregon, highlight the potentially even greater demand for EV-compatible homes.