A neighborhood in Carlsbad made the list of the 10 hottest zip codes for real estate in the United States, according to a new ranking Thursday by Realtor.com.
The ranking is based the time it takes properties to sell and how frequently homes are viewed online. Realtor.com, the official website of the National Association of Realtors, said zip codes on the list are distinguished by “healthy housing dynamics, strong local employment and neighborhood ‘it factors.’”
The community in Carlsbad is 92010, east of Interstate 5 and north of Palomar Airport. Realtor.com described it as a magnet for Millennials seeking first homes.
“92010 offers buyers a big selection of multi-family units, which is a way to get into the real estate market for under $600,000,” noted Realtor.com.
Here’s the list of hottest zip codes nationwide:
Rank Zip Code Community 1 02176 Melrose, Mass. 2 43085 Columbus, Ohio (Worthington) 3 80122 Littleton, Colo. (Centennial) 4 75023 Plano, Texas 5 48375 Novi, Mich. 6 78247 San Antonio 7 63126 St. Louis (Crestwood) 8 78729 Austin, Texas 9 58103 Fargo, N.D. 10 92010 Carlsbad, Calif.
“Each locale on this list is emblematic of the key trends driving housing this year – healthy local economics, job opportunities and affordability,” said Jonathan Smoke, chief economist for Realtor.com. “For first-time home buyers, these communities provide great opportunities to enter the housing market, build a career, and raise a family; older generations are able to build wealth and enjoy a variety of lifestyles.”
In each of the top-ranked zip codes, supply and demand are about five times stronger than the rest of the country, according to Realtor.com. Homes in these communities sell four to nine times faster than the national average.
