In January, Opendoor, a digital platform for residential real estate, released a report ranking the most popular ZIP codes in America. To determine the top ZIP codes, Opendoor analyzed data from local Multiple Listing Services (MLS) where Opendoor Brokerage operates, ranking the areas based on the total number of homes that went into contract within 90 days of being listed for sale in 2024.
The report found that the most popular areas are known for being fast-growing cities with a lot of new development. According to Nick Boniakowski, Opendoor’s Head of Agent Partnerships, “There’s an overall theme here of being close to big cities without being in the city center. Buyers [want] to be close enough to the action while still getting that smaller city or suburban charm.”
Texas has the most cities on the list, with six in the top 10. Boniakowski attributes this to job growth, which was a major factor for buyers looking into these particular ZIP codes.
Katy, Texas, ranked as the No. 1 most popular ZIP code for homebuyers, with a median listing home price of $379,900 and a median rent of $2,100. According to Boniakowski, Katy’s affordability, diverse housing stock, and job growth contributed to its top spot. Houston, home to the third largest number of Fortune 500 companies, provides residents with access to a wide range of employers, including ExxonMobil and Hewlett Packard Enterprise Company.
Cypress, Texas, ranked second, with a median home value of $404,577, up 0.8% over the past year, according to Zillow. The Harris County community is known for its developed neighborhoods, top-notch school district, and growing career opportunities.
Other popular ZIP codes include San Antonio, Texas, New Braunfels, Texas, and Summerville, South Carolina, among others.
