Springfield Makes Top 10 Of Realtor.com's Hottest ZIP Codes

SPRINGFIELD, VA — Believe it or not, the ZIP codes with the highest demand aren't the bustling city centers and beach getaways. According to a new analysis from realtor.com, they're the small towns and cities that offer less costly alternatives to nearby places.

The real estate listing website named the top 10 hottest ZIP codes, where homes quickly leave the market. The average time it took homes to sell in these ZIP codes was 18 days, about a month faster than their metropolitan areas and 51 days faster than other places around the U.S.

Realtor.com looked at ZIP codes in the 300 largest metropolitan areas from April to June, ranking them based on the most page views per property on realtor.com and the fewest days on the market. A common thread of the hottest ZIP codes included less expensive prices than their neighboring suburbs or cities.

"With prices growing faster than they were before the pandemic and people looking for more space, affordability has become even more important," says said Danielle Hale, realtor.com's chief economist.

Springfield, Virginia's 22152 ZIP code made the cut in the ninth spot. It is described as a DC suburb with "affordable prices and closer proximity to the bigger cities." According to realtor.com data, the average listing price in the ZIP code was $509,950 during the analysis timeframe. In all Springfield ZIP codes, the latest average is $549K, and the average selling price is $550K. Springfield was classified as a seller's market in July, meaning buyers outnumber the active homes for sale.

"Homes in Springfield sell faster than average compared to other cities in Fairfax County," reads an overview of the Springfield real estate market. "It takes an average of 34 days on market for a home to sell in Springfield. On average, homes in this cities sell for 1.5% above asking price."

The East Coast was represented more on this year's 10 hottest ZIP codes list than past years. Two of the top ZIP codes are in Massachusetts, and one each hailed from Maine, New Hampshire, New York, Virginia, North Carolina, Ohio, Kansas, and Colorado.

"People are shifting away from Western metros, which tend to be more expensive," said Hale.

Here are the top 10 hottest ZIP codes according to realtor.com:

1. Colorado Springs, CO (80911): Median list price in the ZIP code is $306,500.
2. Reynoldsburg, OH (43068): Median list price in the ZIP code is $193,450.
3. Rochester, NY (14617): Median list price in the ZIP code is $162,450.
4. Melrose, MA (02176): Median list price in the ZIP code is $644,950.
5. South Portland, ME (04106): Median list price in the ZIP code is $350,050.
6. Topeka, KS (66614): Median list price in the ZIP code is $159,500.
7. Hudson, NH (03051): Median list price in the ZIP code is $440,000.
8. Worcester, MA (01602): Median list price in the ZIP code is $329,950.
9. Springfield, VA (22152): Median list price in the ZIP code is $509,950.
10. Raleigh, NC (27604): Median list price in the ZIP code is $287,950.