It’s no mystery that finding your dream home presently isn’t essentially a walk within the stop. Inflation continues to move up average lease/rent costs in the U.S., meaning that numerous Americans based in prominent, high-cost cities have picked homes in neighboring towns and rural areas that offer them size and comforts within commuting distance of major metropolitan regions. But which zip codes are within the highest demand presently?
To find which areas Americans are looking at in 2023, real estate listings site Realtor.com inquired about the hottest zip codes where homebuyers are moving. To do so, the Realtor.com team utilized an algorithm that takes two angles of the housing market into consideration: 1. market demand as measured by special viewers per property on Realtor.com, as well as the pace of the market as measured by the number of days a listing remains active on the site. Information from January to June 2023 was utilized, and the list of top zip codes was restricted to one zip code per metropolitan area.
The study’s most recent data found that Gahanna, Ohio (43230), is 2023’s hottest zip code. Gahanna is located just outside of Columbus, Ohio, which is home to Ohio State University and the buzzy Short North Arts District. Gahanna boasts a homeownership of 60% with a quarter of its population in the 25 to 34 age bracket, also making it a strong candidate for young renters considering homeownership.
Coming in second place is Southington, Connecticut (06489), which lies within commuting distance of Hartford, Connecticut and Middletown, Connecticut. Roughly one-third of Southington listings’ viewership came from the New York City metro area, suggesting that New Yorkers — who are currently living in the most expensive city in the world — are considering moves to more affordable towns in the Northeast.
In third place is Ridgewood, New Jersey (07450), which is an hour-long train ride from the Big Apple. However, a typical listing in this zip code was more than double the size of a New York City listing in June 2023.
Here’s the full list of the top 10 hottest U.S. zip codes, according to Realtor.com data.
1. Gahanna, Ohio
- Zip code: 43230
- Metro area: Columbus, OH
- Median listing price: $351,000
2. Southington, Connecticut
- Zip code: 06489
- Metro area: Hartford-East, Hartford-Middletown, CT
- Median listing price: $368,000
3. Ridgewood, New Jersey
- Zip code: 07450
- Metro area: New York-Newark Jersey City, NY-NJ-PA
- Median listing price: $1,184,000
4. Andover, Massachusetts
- Zip code: 01810
- Metro area: Boston-Cambridge-Newton, MA-NH
- Median listing price: $992,000
5. Nazareth, Pennsylvania
- Zip code: 18064
- Metro area: Allentown-Bethlehem-Easton, PA-NJ
- Median listing price: $268,000
6. Highland, Indiana
- Zip code: 46322
- Metro area: Chicago-Naperville-Elgin, IL-IN-WI
- Median listing price: $268,000
7. Trenton, Michigan
- Zip code: 48183
- Metro area: Detroit-Warren-Dearborn, MI
- Median listing price: $238,000
8. Norwalk, Connecticut
- Zip code: 06851
- Metro area: Bridgeport-Stamford-Norwalk, CT
- Median listing price: $596,000
9. Pittsford, New York
- Zip code: 14534
- Metro area: Rochester, NY
- Median listing price: $595,000
10. Ballwin, Missouri
- Zip code: 63021
- Metro area: St. Louis, MO-IL
- Median listing price: $353,000
You can check out Realtor.com’s full study and see if your hometown made the cut here.