In January, Opendoor, a digital platform for residential real estate, released a new report ranking the most popular ZIP codes in America. The company analyzed data from local Multiple Listing Services (MLS) where Opendoor Brokerage operates and ranked the top ZIP codes based on the total number of homes that went into contract within 90 days of being listed for sale in 2024.
The most popular areas are known for being fast-growing cities with a lot of new development, according to Opendoor’s Head of Agent Partnerships, Nick Boniakowski. He notes that there is an overall theme of being close to big cities without being in the city center, as buyers want to be close enough to the action while still getting that smaller city or suburban charm.
Texas has the most cities on Opendoor’s top 10 list, with six in the top 10. Boniakowski says this is a sign that job growth was also a major factor for buyers looking into these particular ZIP codes. Katy, Texas, ranked as the number one most popular ZIP code for homebuyers, followed by Cypress, Texas.
Katy, with ZIP code 77493, is a western suburb of Houston and has seen a lot of job growth, according to Boniakowski. The area has a relatively affordable housing market, with a median listing home price of $379,900 and a median rent of $2,100. The area is also home to many major corporations, including ExxonMobil and the Hewlett Packard Enterprise Company.
The other top 10 most popular ZIP codes for homebuyers include Summerville, South Carolina, Forney, Texas, Yukon, Oklahoma, Clarksville, Tennessee, Parrish, Florida, and Kyle, Texas.