For the first time since Realtor.com’s inaugural Hottest ZIP Codes Report in 2017, one ZIP code, 43230, Gahanna, Ohio, took the No. 1 spot for a second consecutive year. In the 2024 report, released today, we once again see this years’ hottest ZIPs 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.


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“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. “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. 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.”

The 2024 Hottest ZIP Codes in America, in rank order

  1. 43230 Gahanna, Ohio*
  2. 63021 Ballwin, Mo.*
  3. 01970 Salem, Mass.*
  4. 07920 Basking Ridge, NJ*
  5. 14609 Rochester, NY*
  6. 08054 Mount Laurel, NJ
  7. 01453 Leominster, Mass.
  8. 01085 Westfield, Mass.
  9. 46322 Highland, IN*
  10. 18062 Macungie, Pa.*

(Bolded ZIPs were on last years ranking, starred ZIPs represent metros that were on last years’ ranking)

This year, the Northeast and Midwest dominate the list. Seven of the 10 hottest ZIP codes on the list are in the Northeast, with an impressive three Massachusetts ZIP codes, two New Jersey ZIP codes and one ZIP code each in New York and Pennsylvania. Philadelphia, Penn and Springfield, Mass metros are represented by a ZIP code on the Hottest Zips list for the first time in the data’s history

The Midwest holds three spots on the list with three ZIPs that were also on last year’s list.  In fact, Columbus, Ohio has been a presence on the Hottest Zips list each year dating back to 2017. This is the second year in a row, and only the second time in the list’s history, that only two regions are represented on the top-10 list.

The Southern and Western regions are not represented in this year’s ten hottest ZIPs as buyer interest has shifted away from the areas that are generally unaffordable, or have become less affordable due to significant price growth during the pandemic. The South in particular has seen a significant pick up in for-sale inventory, which has thinned out buyer demand on a per-property basis, cooling off and slowing down the region’s housing market.

Gahanna Snags the Top Spot, Again

Gahanna topped the list two years in a row. The Columbus area offers home shoppers the amenities and quality-of-life advantages of a larger town, but at a lower price point. Homes in this ZIP code were priced 11.0% below the metro’s average, and 19.4% below the national median in the first half of the year. The lifestyle and affordability available in ZIP 43230 (Gahanna, Ohio) drew the attention of shoppers in the New York City metro, though almost half of listing viewership came from within the metro.

Value for Everyone

This years’ hottest ZIP codes all offered some form of value for potential buyers. Compared to the greater U.S. housing market, and even the surrounding areas in which they sit, each of the top 10 have a lower median list price and/or median listing price per square foot. The Midwest zips, Columbus (ZIP 43230 in Gahanna, Ohio), Chicago (ZIP 46322 in Highland, Ind.), and St. Louis (ZIP 63021 in Ballwin, Mo.), on this year’s list were priced an average 24.6% lower than the national median in June. Three Northeast ZIPs Rochester, N.Y. (ZIP 14609 in central Rochester), Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (ZIP 08054 in Mount Laurel, NJ) and Springfield, Mass. (ZIP 01085 in Westfield, Mass.), on this years’ list were priced an average 28.8% below the U.S. median in June. Even the list’s highest priced market in Basking Ridge, NJ (ZIP 07920), with a median listing price of $995,000 in June, was affordable relative to the larger New York City metro area. The median listing price per square foot in Basking Ridge was 33.6% below the surrounding metro’s average in June

Highly Competitive

Competition for homes in this year’s hottest ZIPs has quickened the market pace. Homes in the hottest ZIPs spent an average 13 days on the market in June 2024, more than a month (-32 days) less than the national median. The high-stakes environment in these areas means that successful buyers are well-qualified and well-equipped to purchase a home. Successful buyers in these areas had an average credit score of 757 compared to the U.S.’ average of 734 as well as a 16.7% average down payment compared to the national average of 14.0% in the first half of 2024.  Not only are homes going fast in these hottest markets, in the first four months of the year, homes sold for an average 3.3% over asking price while nationally homes sold for an average 2.3% under asking price in the same period.

Read the full report and see how your zip compared: http://www.realtor.com/hottestzips

Top 50 Hottest Zip Codes

RankZip
Code
Zip NameMetro AreaViewers
per
property
vs US
Median
Days on
Market
Jan-June
Median
Listing
Price
143230ColumbusColumbus, OH4.311$345,000
263021BallwinSt. Louis, MO-IL3.516$409,000
301970SalemBoston-Cambridge-Newton,
MA-NH
3.616$596,000
407920Basking RidgeNew York-Newark-Jersey
City, NY-NJ-PA
3.516$967,000
514609RochesterRochester, NY2.98$151,000
608054Mount LaurelPhiladelphia-Camden-
Wilmington, PA-NJ-DE-MD
3.318$385,000
701453LeominsterWorcester, MA-CT4.221$462,000
801085WestfieldSpringfield, MA5.220$347,000
946322HighlandChicago-Naperville-Elgin,
IL-IN-WI
3.321$250,000
1018062MacungieAllentown-Bethlehem-
Easton, PA-NJ
2.716$462,000
1148154LivoniaDetroit-Warren-Dearborn,
MI
321$328,000
1253151New BerlinMilwaukee-Waukesha, WI4.123$408,000
1302703AttleboroProvidence-Warwick, RI-MA2.921$516,000
1461109RockfordRockford, IL3.122$182,000
1545240CincinnatiCincinnati, OH-KY-IN2.821$256,000
1606611TrumbullBridgeport-Stamford-
Norwalk, CT
4.625$596,000
1717601LancasterLancaster, PA3.421$498,000
1844130ClevelandCleveland-Elyria, OH3.824$246,000
1945459DaytonDayton-Kettering, OH3.324$325,000
2003051HudsonManchester-Nashua, NH3.327$632,000
2143614ToledoToledo, OH326$190,000
2244805AshlandAshland, OH326$250,000
2344904MansfieldMansfield, OH3.327$262,000
2406489SouthingtonHartford-East Hartford-
Middletown, CT
4.429$493,000
2567212WichitaWichita, KS3.129$258,000
2628277CharlotteCharlotte-Concord-
Gastonia, NC-SC
2.626$661,000
2746033CarmelIndianapolis-Carmel-
Anderson, IN
3.529$519,000
2865109Jefferson CityJefferson City, MO2.726$327,000
2923226RichmondRichmond, VA2.728$658,000
3019606ReadingReading, PA2.124$279,000
3148823East LansingLansing-East Lansing, MI2.527$320,000
3255110Saint PaulMinneapolis-St. Paul-
Bloomington, MN-WI
2.726$399,000
3340223LouisvilleLouisville/Jefferson County,
KY-IN
2.528$425,000
3406790TorringtonTorrington, CT3.330$271,000
3566614TopekaTopeka, KS2.426$263,000
3644221Cuyahoga FallsAkron, OH3.130$200,000
3776021BedfordDallas-Fort Worth-Arlington,
TX
2.125$425,000
3808610TrentonTrenton-Princeton, NJ2.224$337,000
3995661RosevilleSacramento-Roseville-
Folsom, CA
2.528$743,000
4075028Flower MoundDallas-Fort Worth-Arlington,
TX
2.428$584,000
4153081SheboyganSheboygan, WI2.730$248,000
4206770NaugatuckNew Haven-Milford, CT2.629$328,000
4354901OshkoshOshkosh-Neenah, WI2.630$230,000
4449707AlpenaAlpena, MI2.731$192,000
4594550LivermoreSan Francisco-Oakland-
Berkeley, CA
1.923$1,275,000
4653545JanesvilleJanesville-Beloit, WI4.132$316,000
4762704SpringfieldSpringfield, IL2.631$168,000
4895376TracyStockton, CA1.923$646,000
4964118Kansas CityKansas City, MO-KS2.228$268,000
5047909LafayetteLafayette-West Lafayette, IN2.228$359,000