For the second consecutive year, Watauga, Texas, is the hottest ZIP code in the U.S., according to realtor.com®’s 2017 Hottest ZIP Codes list. Livonia, Mich., and Kentwood, Mich., landed second and third, respectively, on the annual list.
Realtor.com® analyzed 32,000 ZIP codes based on factors like the time it takes properties to sell and how frequently homes are viewed in each ZIP code. The markets on this year’s top 10 list are seeing homes sell in an average of 21 days—50 days faster than the rest of the country. Further, realtor.com® visitors are viewing home listings in these markets four times more than the rest of the country. (Realtor.com® included one ZIP code per metro area for geographic diversity on its list.)
“Increasingly, the hottest housing markets are the ones that appeal to millennial preferences, and right now the standouts are relatively affordable suburbs with local ‘it’ factors such as hiking trails, great restaurants, and nightlife,” says Danielle Hale, realtor.com®’s chief economist. “With the largest cohort of millennials turning 30 in 2020, we can expect these types of areas to stay in demand in the years to come.”
The top 10 ZIP codes for 2017, according to realtor.com®, are:
- 76148: Watauga, Texas (average days to sell: 18; median list price: $160,441)
- 48154: Livonia, Mich. (average days to sell: 21; median list price: $224,000)
- 49548: Kentwood, Mich. (average days to sell: 16; median list price: $118,833)
- 02155: Medford, Mass. (average days to sell: 19; median list price: $541,158)
- 80123: Littleton, Colo. (average days to sell: 22; median list price: $533,873)
- 94546: Castro Valley, Calif. (average days to sell: 23; median list price: $728,267)
- 80922: Colorado Springs, Colo. (average days to sell: 21 days; median list price: $273,322)
- 66210: Overland Park, Kan. (average days to sell: 24; median list price: $236,454)
- 92126: Mira Mesa, Calif. (average days to sell: 22; median list price: $536,394)
- 43026: Hilliard, Ohio (average days to sell: 25; median list price: $259,011)
Source: realtor.com®
