Open in App
  • Local
  • U.S.
  • Election
  • Politics
  • Crime
  • Sports
  • Lifestyle
  • Education
  • Real Estate
  • Newsletter
  • Boston

    4 Mass. cities make Realtor.com’s list of the hottest ZIP codes

    By Eileen Woods,

    6 days ago

    "Buyers have honed in on affordable Midwest and well-located Northeast metros that offer some combination of value and desirability."

    https://img.particlenews.com/image.php?url=0B2NTA_0v6xlPgO00
    It was the first time that a Springfield metro — Westfield — made the Realtor.com list. Adobe Stock

    Four Massachusetts communities made Realtor.com’s list of the hottest 50 ZIP codes for home buyers in 2024.

    The report, released Monday, named Gahanna, Ohio, a suburb of Columbus, the hottest market in the United States for the second year in a row. The median list price for a home there was $345,000.

    The real estate marketplace reached its findings based on an algorithm that takes into account market demand (as measured by unique viewers) and the pace of the market (as measured by the number of a days a listing remains active on the site). It looked a listings from January to June. The list of top ZIP codes is limited to one per metropolitan area.

    The Massachusetts entries reflect the growing need for more affordable housing and the push to find it beyond the city centers. The state’s first entry on the list was Salem, which landed at No. 3. with a median list price of $596,000. Homes in this North Shore city spent a median of 16 days on the market. Leominster, in Worcester County, and Westfield, in Hampden County, ranked No. 7 and 8, respectively. Attleboro, in Bristol County, was No. 13.

    These were the top 20:

    RANKZIP NAMEMETRO AREAVIEWS PER PROPERTY VS. USMEDIAN DAYS ON MARKETJAN-JUN MEDIAN LISTING PRICE

    1.Gahanna, Ohio (43230)Columbus, OH4.311$345,000

    2.Ballwin, Mo. (63021)St. Louis, MO-IL3.516$409,000

    3.Salem (01970)Boston-Cambridge-Newton, MA-NH3.616$596,000

    4.Basking Ridge, N.J. (07920)New York-Newark-Jersey City, NY-NJ-PA3.516$967,000

    5.Rochester, N.Y. (14609)Rochester, N.Y. 2.98$151,000

    6.Mount Laurel, N.J. (08054)Philadelphia-Camden-Wilmington, PA-NJ-DE-MD3.318$385,000

    7.Leominster (01453)Worcester, MA-CT4.221$462,000

    8.Westfield (01085)Springfield, MA5.220$347,000

    9.Highland, Ind. (46322)Chicago-Naperville-Elgin, IL-IN-WI3.321$250,000

    10.Macungie, Pa. (18062)Allentown-Bethlehem-Easton, PA-NJ2.716$462,000

    11.Livonia, Mich. (48154)Detroit-Warren-Dearborn, MI321$328,000

    12.New Berlin, Wis. (53151)Milwaukee-Waukesha, WI4.123$408,000

    13.Attleboro (02703)Providence-Warwick, RI-MA2.921$516,000

    14.Rockford, Ill. (61109)Rockford, IL3.122$182,000

    15.Cincinnati (45240)Cincinnati, OH-KY-IN2.821$256,000

    16.Trumbull, Conn. (06611)Bridgeport-Stamford-Norwalk, CT4.625$596,000

    17.Lancaster, Pa. (17601)Lancaster, PA3.421$498,000

    18.Cleveland (44130)Cleveland-Elyria, OH3.824$246,000

    19.Dayton, Ohio (45459)Dayton-Kettering, OH3.324$325,000

    20.Hudson, N.H. (03051)Manchester-Nashua, NH3.327$632,000

    Source: Realtor.com

    It was the first time that a Springfield metro ZIP made the list.

    Five other New England communities made the top 50 list:

    RANKZIP NAMEMETRO AREAVIEWS PER PROPERTY VS. USMEDIAN DAYS ON MARKETJAN-JUN MEDIAN LISTING PRICE

    16.Trumbull, Conn.Bridgeport-Stamford-Norwalk, CT4.625$596,000

    20.Hudson, N.H.Manchester-Nashua, NH3.327$632,000

    24.Southington, Conn.Hartford-East Hartford-Middletown, CT4.429$493,000

    34.Torrington, Conn.Torrington, Conn.3.330$271,000

    42.Naugatuck, Conn.New Haven-Milford, CT2.629$328,000

    Source: Realtor.com

    Homes in the hottest communities spent 13 days on average on the market, according to Realtor.com — that’s 32 days fewer than the national median.

    These ZIP codes tend to be wealthier and have older residents than the rest of the country. “The average household income in the hottest ZIPs was $95,000 compared to $76,000 nationally. … These markets also have a slightly higher share of households aged 45 years or older than the national average,” the report reads.

    Expand All
    Comments / 0
    Add a Comment
    YOU MAY ALSO LIKE
    Most Popular newsMost Popular
    Cooking With Maryann10 days ago

    Comments / 0