Saturday, August 24, 2024

Houses sell quickly in these hot ZIP codes

This year's 10 Hottest Zip Codes emphasize the trends we have seen through the last year in the housing market. Buyers have honed in on affordable Midwest and well-located Northeast metros that offer some combination of value and desirability. Just two markets on the list are priced significantly higher than the national median, while another two are just slightly higher, and six of the ten markets were lower priced than the national median in June.

Posted by LampLighter at 12:29 PM | 4 COMMENTS | permalink

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More from the article...

... Key Takeaways:

- - - Located in the ever-popular Columbus metro area, ZIP 43230 in Gahanna, OH is this year's hottest zip, taking the crown for the second year in a row.

- - - This year's hottest zips offer buyers value in the Midwest and the Northeast, with 3 and 7 metros representing the regions, respectively.

- - - Homes in the hottest zips saw 3.7 times the page views per property on average and homes sold more than a month faster compared to the typical U.S. home in the first half of 2024.

- - - Home shoppers in large metro areas are contributing significantly to viewership in the hottest zips. Buyers in these zips also tend to earn more and have a higher credit score than the U.S. average. Moreover, these zips attract older buyers who are well-equipped to face a competitive housing market. ...



#1 | Posted by LampLighter at 2024-08-24 12:30 PM

Irvine, CA.

#2 | Posted by LegallyYourDead at 2024-08-24 02:19 PM

What's going on in the US???

People really want to move to Toldeo, Ohio or St. Louis, Missouri?

Gross.

#3 | Posted by madbomber at 2024-08-26 02:26 PM

3

I'd be curious to see where the buyers are coming from. It's possible many of these buyers are simply moving from a bordering zip code with school, crime, etc problems to a nicer zip code nearby.

#4 | Posted by eberly at 2024-08-26 02:31 PM

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