Millennials are flocking to neighborhoods with strong job markets and plenty of high-quality options for dining and leisure.
- Realtor.com recently released a list of the hottest zip codes in America.
- Millennials played a big role.
- Safe neighborhoods with lots of food and drink options ranked high on the list.
Millennials are making waves in the housing market, according to a new list of America's hottest zip codes from Realtor.com.
While much has been made of millennials' inability to move beyond renting into home ownership, Danielle Hale, the chief economist for Realtor.com, found that "the hottest housing markets are the ones that appeal to millennial preferences." In a press release announcing the list, she mentioned affordability and the quality of nightlife, restaurants, and outdoor activity opportunities as common features among the most popular zip codes.
The study also found that robust job markets, high salaries, large contingents of older millennials (aged 25-34), and high rates of millennial home ownership were common in the top markets.
These are the top-20 zip codes, ranked by how often their homes are viewed on Realtor.com and how quickly they sell.