The Northeast is home to Zillow's most popular market for the second year running
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Exurban cities dominated Zillow's most-popular cities list in 2024, as affordability challenges linger
SEATTLE, Dec. 17, 2024 /PRNewswire/ -- This year, Zillow® shoppers could not get enough of Manchester, New Hampshire — Zillow's most popular city of 2024. Cities in the Northeast dominated Zillow's list of most popular markets for the second year running. The Midwest also made a strong showing, while only one West Coast market cracked the top 10 list after leading the way in 2021.
The majority of this year's most popular cities were exurbs — charming smaller towns situated beyond the suburbs yet within commuting distance of a major metropolitan area. These communities strike a balance between suburban amenities and being located just a hop, skip and a jump from the vibrant offerings and thriving job markets of large urban centers.
Zillow's top 10 most popular markets of 2024:
"In another year of higher mortgage rates, areas of affordability and opportunity were center stage in 2024," said Zillow Chief Economist Skylar Olsen. "With the rise of hybrid work models, more people are discovering hidden-gem cities they might have previously overlooked when daily commutes were the norm. Buyers are seeking out locations that offer the right mix of affordable living and lifestyle amenities. Adding to the price pressure, new listings can remain sparse in the hottest spots as existing owners continue to hold on and hold back."
To determine the most popular markets in 2024, Zillow analyzed housing metrics in cities across the U.S. that reflect consumer demand, including page-view traffic, home value growth and how quickly homes sell.
Most popular on Zillow overall: Manchester, New Hampshire
Manchester, the largest city in the state, has seen growing interest among home shoppers. That has contributed to typical home values jumping 7.3% over the past year, up to $415,000. Still, Manchester remains more affordable than nearby Boston.
Manchester has garnered particular attention from potential buyers outside of its metro area, suggesting a strong interest in relocating there.
Most popular large city: Toledo, Ohio
While affordability captivated many home shoppers on Zillow, Toledo stood out as the top choice among large cities in 2024. The typical home in Toledo is worth $121,000, making it an attractive option for buyers seeking affordability. From its proximity to Lake Erie to its thriving art scene, Toledo offers rich experiences.
Following Toledo, San Jose, California, and Wichita, Kansas, also garnered significant interest, securing their rankings as No. 2 and No. 3 respectively among the most popular large cities.
Most popular small town: Elizabethtown, Pennsylvania
Just south of Pennsylvania's state capital, and less than a two-hour drive west of Philadelphia, lies Elizabethtown — Zillow's most popular small town of 2024. With a population of 12,000, Elizabethtown features picturesque streets, local shops and parks, all of which are attracting the interest of Zillow shoppers. Home buyers looking to settle in Elizabethtown must act fast, as homes for sale there typically go under contract within just five days.
While Elizabethtown claimed the top ranking in this category, Midwest small-town hot spots were not far behind. Vermilion, Ohio; Roscoe, Illinois; and Twinsburg, Ohio, followed closely, showcasing the region's growing appeal.
Most popular coastal city: Milford, Connecticut
Milford emerged as the most popular coastal city among Zillow shoppers this year. With 17 miles of coastline along Long Island Sound, the area has plenty of seaside attractions, including beaches, parks, boating and more.
Following Milford, West Haven, Connecticut, secured the second spot, while South Portland, Maine, claimed third. Rounding out the top five were Santa Cruz, California, and Barnstable, Massachusetts.
Most popular vacation town: Portland, Maine
Nestled on a peninsula that extends into Casco Bay, Portland secured its position as the top vacation city among Zillow shoppers. As the most populous city in Maine, its appeal is clear. Renowned for its art scene, architecture and seafood, Portland draws visitors in search of a coastal getaway.
The East Coast dominated the most popular vacation towns among Zillow shoppers this year. East Haven, Connecticut, and Newport, Rhode Island, edged out California cities Monterey and Santa Barbara for the second and third spots in Zillow's ranking.
Most popular retirement city: Pahrump, Nevada
Fifty miles outside of Las Vegas, Pahrump is this year's most popular retirement city. With a warm climate and more than one-third of its population ages 65 and older, Pahrump is an ideal community for retirees.
Pahrump bumped last year's top retirement city — Pinehurst, North Carolina — to the second spot on this year's list.
Most popular college town: Normal, Illinois
Normal is home to the Illinois State University Redbirds, and is now Zillow's most popular college town. Coming in at number two for the second year is Kent, Ohio, where Kent State University is located.
Trailing close behind were San Luis Obispo, California (where California Polytechnic State University is located); Charlottesville, Virginia (home to the University of Virginia); and La Crosse, Wisconsin (the site of the University of Wisconsin–La Crosse).
Most popular cities by geographic region
From coast to coast, here's a look at this year's top cities for capturing the attention of home shoppers in each region:
- Northeast: Manchester, New Hampshire
- West: Sunnyvale, California
- Midwest: Rockford, Illinois
- Southwest: Rio Rancho, New Mexico
- Southeast: Cary, North Carolina
- Mountain Region: Fort Collins, Colorado
Methodology and definitions
To determine the most popular city overall and most popular city by geographic region, Zillow analyzed cities with a population of at least 100,000 people, according to 2022 American Community Survey data.
Large cities were defined as having a population of at least 250,000 people, according to 2022 American Community Survey data.
Small towns were defined as having a population of no more than 20,000 people, according to 2022 American Community Survey data.
Coastal cities were defined as areas where more than half of listing descriptions on Zillow mentioned the beach, and excluded all cities that did not feature the word "beach" in at least 50 listings on Zillow. Zillow's analysis only considered cities having a population of at least 25,000 people, according to 2022 American Community Survey data.
Vacation towns were defined as areas where more than 33% of the housing units were designated for non-primary use, according to 2022 American Community Survey data. Zillow's analysis only considered cities having a population of at least 25,000 people, according to 2022 American Community Survey data. Cities qualifying as college towns based on this analysis were excluded given the potential overlap in housing units designated for non-primary use.
Retirement towns were defined as areas where at least 33% of the population is older than 65 and has no children or other relatives (other than a spouse) living in the home.
College towns were defined as cities with at least 20% of the population enrolled in higher education, according to 2022 American Community Survey data. Zillow's analysis only considered cities having a population of at least 25,000 people, according to 2022 American Community Survey data.
The most popular cities by geographic region are defined by the Northeast (CT, ME, MA, NH, NJ, NY, PA, RI, VT, DE, MD), West (WA, OR, CA, ID, NV, AK, HI), Midwest (IL, IN, IA, KS, MI, MN, MO, NE, ND, OH, SD, WI), Southwest (TX, OK, NM, AZ), Southeast (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN, VA, WV) and Mountain Region (MT, WY, UT, CO).
About Zillow Group:
Zillow Group, Inc. (Nasdaq: Z and ZG) is reimagining real estate to make home a reality for more and more people. As the most visited real estate website in the United States, Zillow and its affiliates help people find and get the home they want by connecting them with digital solutions, dedicated partners and agents, and easier buying, selling, financing and renting experiences.
Zillow Group's affiliates, subsidiaries and brands include Zillow®, Zillow Premier Agent®, Zillow Home Loans℠, Zillow Rentals®, Trulia®, Out East®, StreetEasy®, HotPads®, ShowingTime+℠, Spruce® and Follow Up Boss®.
All marks herein are owned by MFTB Holdco, Inc., a Zillow affiliate. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org). © 2024 MFTB Holdco, Inc., a Zillow affiliate.
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SOURCE Zillow, Inc.
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