The Top 10 Markets for Wholesale Real Estate in 2024: A Data-Driven Analysis
Data-driven analysis of the hottest markets for wholesale real estate deals, including buyer demand, average spreads, and time-to-close metrics.
Market Data · February 20, 2024 · 11 min · by Analytics Team, DispoKey Market Research
Not all markets are created equal when it comes to wholesale real estate. The difference between operating in a strong wholesale market and a weak one can mean 3-4x more closed deals and significantly higher assignment fees. Using transaction data from our platform and public records analysis, we've identified the top 10 markets for wholesale real estate in 2024.
Our Methodology
We analyzed over 50,000 wholesale transactions from the past 12 months across all 50 states, evaluating each market on five key metrics: buyer demand density (number of active verified buyers per 100,000 population), average assignment fee, average time from listing to buyer match, deal flow volume (number of wholesale-eligible properties), and market liquidity (how quickly deals close once a buyer is matched).
The Top 10 Markets
1. Dallas-Fort Worth, Texas
DFW continues to dominate the wholesale landscape with the highest buyer demand density in the country. Our database shows over 47,000 active buyers in the DFW metroplex alone. Average assignment fees run $12,000-$18,000, with sub-to deals averaging $22,000+. The market benefits from strong population growth, affordable price points, and a deep pool of both cash and creative finance buyers.
2. Atlanta, Georgia
Atlanta has emerged as the #2 wholesale market, driven by massive investor interest and a growing population. The city's diverse neighborhoods offer deals at every price point. Average assignment fees are $10,000-$15,000, with particularly strong demand for BRRRR-strategy properties in emerging neighborhoods. Our average time-to-buyer in Atlanta is just 36 hours.
3. Houston, Texas
Houston's sprawling market provides endless deal flow. The city's affordable price points and strong rental demand make it a favorite among both local and out-of-state buyers. Assignment fees average $11,000-$16,000, with the best deals in the Energy Corridor and Katy submarkets.
4. Phoenix, Arizona
Phoenix has bounced back strongly from the 2022 correction. Buyer demand has recovered to pre-correction levels, and the market's low inventory creates urgency. Average assignment fees run $14,000-$20,000, with the highest demand in Scottsdale, Gilbert, and Chandler submarkets.
5. Jacksonville, Florida
Jacksonville is the sleeper market of 2024. Affordable price points, strong population growth, and a rapidly expanding buyer network make it ideal for wholesalers. Assignment fees average $8,000-$12,000, but the deal volume is exceptional — making it a great market for high-volume operations.
6. Charlotte, North Carolina
Charlotte's growing tech sector and banking industry fuel both population growth and investor interest. The market offers a perfect balance of deal flow and buyer demand. Average assignment fees are $10,000-$14,000.
7. Indianapolis, Indiana
Indianapolis offers some of the best spreads in the country due to its low acquisition costs and strong rental demand. It's particularly popular with out-of-state investors seeking cash flow. Assignment fees average $7,000-$11,000, but the close rate is exceptional at 82%.
8. San Antonio, Texas
Texas's third entry on the list, San Antonio benefits from military-driven population stability and affordable price points. The market is particularly strong for creative finance deals, with sub-to transactions making up 40% of our San Antonio closings.
9. Tampa, Florida
Tampa's strong appreciation trends and tourist-driven rental demand make it attractive to both cash and creative finance buyers. Average assignment fees are $12,000-$17,000, with the strongest demand in the St. Petersburg and Clearwater submarkets.
10. Memphis, Tennessee
Memphis rounds out the top 10 with extremely affordable price points and a massive institutional buyer presence. While assignment fees are lower ($6,000-$9,000), the speed and certainty of closing make it ideal for wholesalers who value volume over per-deal margins.
Key Takeaways
Texas dominates with three markets in the top 10, confirming its position as the wholesale capital of the United States. Florida's presence with two markets reflects continued investor migration to the Sunbelt. And the Southeast's growing representation (Atlanta, Charlotte) signals a shift in investor attention from traditional coastal markets to more affordable, high-growth metros.
Regardless of which market you operate in, having access to a national buyer network dramatically increases your chances of finding the right buyer quickly. A deal in Memphis might be perfect for a buyer in California looking for cash flow — and only a national disposition partner can make that connection.