Real Estate

3 MI Towns Among 50 'Hottest' ZIP Codes In U.S., New List Says

Three of the "hottest" places to live in 2024 are right here in Michigan, according to a new list.

MICHIGAN — Three of the "hottest" places to live in 2024 are right here in Michigan, according to a list by Realtor.com.

Areas in Livonia, East Lansing and Alpena were among the top 50 Hottest Zip Codes in the entire country.

In Livonia, the 48154 zip code was ranked No. 11, the highest ranking in Michigan. The median listing price in the area is $328,000, with the average home selling in 21 days, according to Realtor.com's data.

Find out what's happening in Across Michiganfor free with the latest updates from Patch.

The 48823 zip code in East Lansing was ranked at No. 31. In that area, the median listing price is $320,000 with the average home selling in 27 days, according to Realtor.com's data.

Coming in at No. 44 is the 49707 zip code in Alpena. In that area, the median listing price is $192,000 with the average home selling in 31 days, according to Realtor.com's data.

Find out what's happening in Across Michiganfor free with the latest updates from Patch.

Realtor.com's Hottest Zip Code rankings are based on an algorithm that takes into account two aspects of the housing market:

  1. Market demand, as measured by unique viewers per property on Realtor.com.
  2. The pace of the market, as measured by the number of days a listing remains active on the website.

"The hottest areas are those that have high demand from buyers, in other words, lots of unique viewers per each property, and fast-selling homes, an indicator of limited supply," according to Realtor.com.

This year's top 10 only featured locales in the Northeast and Midwest. Real estate markets in the Southern and Western regions have gotten pricier after movers flocked to the areas during the pandemic, Realtor.com explains.

Many of the top 10 markets are also around major metro areas, offering significantly lower prices than the bigger cities nearby. Gawanna, Ohio (43230) the highest-ranked Zip code for a second-straight year — is just outside of Columbus.

"Although mortgage rate relief is starting to materialize," said Realtor.com Chief Economist Danielle Hale, "this year's hottest ZIPs reflect the focus on affordability that home shoppers have had over the last few years in the face of high housing costs. Concentrated in larger metros across the Northeast and Midwest, these top 10 ZIPs attracted highly qualified home buyers seeking more space without relinquishing proximity to urban amenities."

View Realtor.com's rankings

Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.