Current:Home > MarketsIs your ZIP code on the hottest list for 2023? Here's which cities made the top 10. -Excel Wealth Summit
Is your ZIP code on the hottest list for 2023? Here's which cities made the top 10.
View
Date:2025-04-15 23:52:47
Move over Zoom towns! The tried and true locations are back.
When considering a place to buy a home, affordability and proximity to big cities are increasingly becoming important as offices mandate return-to-office policies.
For the first time in five years, the suburbs of five major metropolitan areas – Boston, New York, Chicago, Detroit and St. Louis – are represented on the annual Realtor.com's Hottest ZIP Codes report, marking a renewed interest in homes with a commute as much of the country’s workforce returns to in-person work.
Zoom towns − small, rural towns that saw an influx of remote workers during the pandemic − have been waning in popularity as employers have begun calling workers back to the office.
As homebuyers navigate limited inventory and high mortgage rates, they are flocking to areas that are more affordable relative to the rest of the country, less expensive than their nearby metro area, or provide better value, offering more space at a lower price, according to the report.
The top 10 Hottest ZIP codes in America are attracting buyers with homes that are either priced at or below the U.S. median or are larger in size than the U.S. average. Additionally, homes listed within the Hottest ZIPs received an average of 3.6 more views per listing than in the rest of the country, and sold one month faster than average in 2023.
“In addition to affordable markets, this year’s list also features some higher priced areas close to large urban cores, which will likely appeal to buyers who are concerned with finding the right mix of size and amenities within reach of a nearby city center,” says Danielle Hale, Chief Economist for Realtor.com.
Hottest ZIP Code rankings consider market demand, as measured by unique viewers per property on Realtor.com, and the pace of the market as measured by the number of days a listing remains active on Realtor.com. The rankings are based on listing data from January to June 2023.
The 2023 Hottest Zip codes in America are:
1. 43230, Gahanna, Ohio
Views per property vs U.S.: 4.5
Median Days on market:13
Median listing price: $351,000
2. 06489, Southington, Connecticut
Views per property vs U.S.: 5.7
Median Days on market: 18
Median listing price: $368,000
3. 07450, Ridgewood, New Jersey
Views per property vs U.S.:3.3
Median Days on market: 18
Median listing price: $1,184,000
4. 01810, Andover, Massachusetts
Views per property vs U.S.:$992,000
Median Days on market: 19
Median listing price: 3.3
5. 18064, Nazareth, Pennsylvania
Views per property vs U.S.:3.4
Median Days on market:18
Median listing price: $429,000
6. 46322, Highland, Indiana
Views per property vs U.S.:2.9
Median Days on market: 19
Median listing price: $268,000
7. 48183, Trenton, Michigan
Views per property vs U.S.:3.1
Median Days on market: 20
Median listing price: $238,000
8. 06851, Norwalk, Connecticut
Views per property vs U.S.:2.9
Median Days on market: 23
Median listing price: $596,000
9. 14534, Pittsford, New York
Views per property vs U.S.:3.5
Median Days on market: 21
Median listing price: $595,000
10. 63021, Ballwin, Missouri
Views per property vs U.S.: 3.1
Median Days on market: 23
Median listing price: $353,000
Metros:Which metro areas are growing fastest? Since 2019, this is where most folks are flocking.
Swapna Venugopal Ramaswamy is a housing and economy correspondent for USA TODAY. You can follow her on Twitter @SwapnaVenugopal and sign up for our Daily Money newsletter here.
veryGood! (2)
Related
- Global Warming Set the Stage for Los Angeles Fires
- Stars avoid complete collapse this time, win Game 2 to even series with Avalanche
- Bachelorette's Hannah Brown Details Her Reunion With Ex Tyler Cameron
- Court upholds a Nebraska woman’s murder conviction, life sentence in dismemberment killing
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- This Overnight Balm Works Miracles Any Time My Skin Is Irritated From Rosacea, Eczema, Allergies, or Acne
- Senate passes FAA reauthorization bill ahead of deadline
- Oprah Winfrey Shares Biggest Regret After Being Steadfast Participant in Diet Culture
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Illinois basketball star Terrence Shannon Jr. ordered to stand trial on a rape charge in Kansas
Ranking
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Here’s what to know about conservatorships and how Brian Wilson’s case evolved
- As Extreme Weather Batters Schools, Students Are Pushing For More Climate Change Education
- WNBA Star Angel Reese Claps Back at Criticism For Attending Met Gala Ahead of Game
- Trump wants to turn the clock on daylight saving time
- How to watch (and stream) the Eurovision Song Contest final
- Operation Catch a Toe leads U.S. Marshals to a Texas murder suspect with a distinctive foot
- Prince Harry and Meghan Markle Arrive in Nigeria for 3-Day Tour
Recommendation
See you latte: Starbucks plans to cut 30% of its menu
Meet the new 'Doctor Who': Ncuti Gatwa on the political, 'fashion forward' time-traveling alien
Neil Young reunites with Crazy Horse after a decade, performs double encore
Indiana-Atlanta highlights: How Caitlin Clark, Fever performed in second preseason game
The White House is cracking down on overdraft fees
Man pleads guilty in theft of bronze Jackie Robinson statue from Kansas park
Alabama Gov. Ivey schedules second execution using controversial nitrogen gas method
Police dismantle pro-Palestinian encampment at MIT, move to clear Philadelphia and Arizona protests