For the second consecutive year, the Northeast was the most popular housing markets in the U.S. in 2024, according to Zillow.
The website analyzes housing metrics in U.S. cities to determine customer demand, page-view traffic, home value growth and how quickly homes in an area sell when compiling their annual rankings of housing markets.
The majority 2024’s top cities are what Zillow calls “exurbs.” These are smaller towns beyond the suburbs but still within commuting distance of a major metro area. They attribute this new preference, at least partially, to an increase in hybrid work models, which have allowed people to explore smaller cities that offer a good balance of affordability and lifestyle amenities that may not have been practical for those who were previously limited by the location of their workplace.
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Brittney Meredith-Miller
Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].
