East Coast Markets on the Rise. Each year we analyze over 16,000 zip codes based on the time it takes properties to sell and how frequently homes are viewed in each zip code on realtor.com®. These are the hottest zip codes of 2020.
The hottest zip codes have bucked the national trend of a housing market slowdown during the COVID-19 pandemic. Even during the pandemic, homes in the hottest markets were selling at a blistering pace, with the median days on market in all of the top neighborhoods being under a month. Likewise, all of the hottest zip codes saw demand increase, with rising views per property on realtor.com compared to last year.
The east coast accounts for seven of the top 10 zip codes, with a focus in the northeast region. Although these markets were hit by the COVID-19 pandemic first, they were also some of the first to recover, with caseloads easing over time. The resulting pent up demand has driven homebuyers back to these markets, but now with an increasing preference for neighborhoods outside of the dense city centers and more toward suburban areas.
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