Beverly, Massachusetts, has the hottest ZIP code nationally, with homes selling in an average of 16 days for around $746,000. The Northeast is prominent, having seven of the ten hottest ZIP codes, and none of these areas has a median days on market exceeding 3.5 weeks. Even with a national housing inventory increase of 28.9% over the last year, high-demand ZIP codes show a significant inventory shortage compared to 2019. The trends indicate suburban areas are increasingly appealing to buyers seeking value and quality of life.
Beverly, Massachusetts is the nation's hottest ZIP code, with houses selling in just 16 days and averaging $746,000 in price.
While the national housing market has its challenges, the Northeast is home to seven of the ten hottest ZIP codes, highlighting strong regional demand.
In the hottest ZIP codes, inventory is 58.9% below 2019 levels, despite a national increase in housing inventory of 28.9% year-over-year.
'Buyers are moving fast, thinking big, and choosing communities that offer the right blend of value, access, and quality of life,' according to Realtor.com.
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