The Midwest and Northeast have the nation’s hottest housing ZIP codes right now, according to a recent report from Realtor.com.
The real estate company ranked ZIP codes nationwide according to buyer demand, using its own data on how many unique people viewed property listings and how long homes stayed on the market.
In a summary of the findings, Danielle Hale, Realtor.com chief economist, says today’s buyers want more space without having to give up access to urban amenities:
“Although mortgage rate relief is starting to materialize, this year’s hottest ZIPs reflect the focus on affordability that home shoppers have had over the last few years in the face of high housing costs.”
Here is a look at the places in popular metro areas with the highest homebuyer demand for the first half of 2024, according to Realtor.com.
1. Gahanna, Ohio
ZIP code: 43230 (Columbus, OH, metropolitan area)
Population estimate: 35,159 as of 2023
For the second straight year, the hottest real estate market in the country is Gahanna, Ohio. Homes in this city sell for a median listing price of $345,000. That is 11% cheaper than for the state capital’s metro area as a whole, and 19.4% below the national median during the first half of 2024, according to Realtor.com.
You can visit a different park in this Columbus suburb almost every week of the year, with more than 750 acres of parkland and 17 miles of trails all told.
2. Ballwin, Missouri
ZIP code: 63021 (St. Louis, MO-IL, metropolitan area)
Population estimate: 30,410 as of 2023
Ballwin is a suburb of St. Louis about half an hour from that city’s major airport. It’s also just 30 minutes away from five major universities and colleges. Homes here sell for a median of $409,000.
3. Salem, Massachusetts
ZIP code: 01970 (Boston-Cambridge-Newton, MA-NH, metropolitan area)
Population estimate: 44,744 as of 2023
Salem is the second-oldest settlement in New England. The city is known for the witch trials that occurred in 1692, and nearly 1 million tourists visit in October alone. Homes in this city northeast of Boston sell for a median of $596,000.
The rest of the top 10
Here are the rest of the top 10 hottest housing markets, followed by their metro areas and median home prices.
- 07920: Basking Ridge, New Jersey; New York-Newark-Jersey City, NY-NJ-PA; $967,000
- 14609: Rochester, New York; Rochester, NY; $151,000
- 08054: Mount Laurel, New Jersey; Philadelphia-Camden-Wilmington, PA-NJ-DE-MD; $385,000
- 01453: Leominster, Massachusetts; Worcester, MA-CT; $462,000
- 01085: Westfield, Massachusetts; Springfield, MA; $347,000
- 46322: Highland, Indiana; Chicago-Naperville-Elgin, IL-IN-WI; $250,000
- 18062: Macungie, Pennsylvania; Allentown-Bethlehem-Easton, PA-NJ; $462,000
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