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Even though the summer season is starting to cool down, some towns in New Jersey are still hot according to the Realtor.com 2024 Hottest ZIP Codes in America list.
The annual list seeks out locations across the United States that have high demand from buyers and yet remain affordable.
This year, the top 10 list has homes located exclusively in the Midwest and the Northeast, as each of this year’s top markets attract buyers who are looking for a combination of value and desirability, the report stated.
“While we’ve seen big changes in the housing market, such as a growing number of homes for sale, this year’s hottest ZIP codes in America show common factors are driving interest in these highly competitive areas,” said Realtor.com Chief Economist Danielle Hale.
The real estate website rankings are based on an algorithm that takes into account 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 top 50 list includes three ZIP codes from New Jersey. They are: No. 4 07920 Basking Ridge; No. 6 08054 Mount Laurel; and No. 38 08610 Trenton.
“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,” said Realtor.com Chief Economist Danielle Hale.
Realtor.com top 50 2024 Hottest ZIP Codes in America, in rank order:
“Concentrated in larger metros across the Northeast and Midwest, these top 10 ZIPs attracted highly qualified home buyers seeking more space without relinquishing proximity to urban amenities,” said Hale.
43230 Gahanna, Ohio63021 Ballwin, Missouri01970 Salem, Massachusetts07920 Basking Ridge14609 Rochester, New York08054 Mount Laurel01453 Leominster, Massachusetts01085 Westfield, Massachusetts46322 Highland, Indiana18062 Macungie, Pennsylvania48154 Livonia, Michingan53151 Berlin, Wisconsin02703 Attleboro, Rhode Island61109 Rockford, Illinois45240 Cincinnati, Ohio06611 Trumbull, Connecticut17601 Lancaster, Pennsylvania44130 Cleveland, Ohio45459 Dayton, Ohio03051 Hudson, New Hampshire43614 Toledo, Ohio44805 Ashland, Ohio44904 Mansfield, Ohio06489 Southington, Connecticut67212 Wichita, Kansas28277 Charlotte, North Carolina46033 Carmel, Indiana65109 Jefferson City, Missouri23226 Richmond, Virginia19606 Reading, Pennsylvania48823 East Lansing, Michigan55110 St. Paul, Minnesota40223 Louisville, Kentucky06790 Torrington, Connecticut66614 Topeka, Kansas44221 Cuyahoga Falls, Ohio76021 Bedford, Texas08610 Trenton95661 Roseville, California75028 Flower Mound, Texas53081 Sheboygan, Wisconsin06770 Naugatuck, Connecticut54901 Oshkosh, Wisconsin49707 Alpena, Michigan94550 Livermore, California53545 Janesville, Wisconsin62704 Springfield, Illinois95376 Tracy, California64118 Kansas City, Missouri47909 Lafayette, Indiana
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Publish date : 2024-08-24 22:08:00
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