The trendiest neighbourhoods in the nation are predominantly found in the Midwest and Florida.

Midwestern Suburbs Boast Top Housing Hotspots in the US

Homebuyers seeking affordability are increasingly turning their sights to the Midwest, with this region securing six out of the ten top positions on Redfin’s list of America’s most sought-after neighbourhoods. This ranking takes into account various metrics, including growth in listing views, average days homes spend on the market, and the ratio of sales-to-list-price, as well as the number of competing offers.

Featured Hotspots

1. Land O’ Lakes, Fla. (ZIP Code 34637)
   Just 20 miles north of Tampa, Land O’ Lakes is experiencing significant growth, with home prices escalating by 7.6% year-on-year, alongside a 36% surge in sales. The median home price here stands at approximately $425,000, aligning closely with the national average.

2. Plant City, Fla. (ZIP Code 33566)
   Located about 25 miles east of Tampa, Plant City attracts buyers seeking more space. The median home price in this area is comparatively lower at $320,000, with sales rising by 6% year-on-year. Contrary to popular belief, this area is named after railroad magnate Henry B. Plant rather than its extensive plant nurseries or thriving strawberry industry.

3. Oak Creek, Wis. (ZIP Code 53154)
   Situated south of Milwaukee on the shores of Lake Michigan, Oak Creek boasts a median home price of $381,200. This figure is rapidly rising, with a 12.8% increase reported over the past year. Furthermore, 38% of homes here are selling for more than their listing price.

4. Oceanside, N.Y. (ZIP Code 11572)
   On Long Island, Oceanside presents a higher median home price of $725,000, amid a competitive real estate market where multiple offers are common. Homes typically sell at or above their asking price, drawing buyers for its proximity to the beach.

5. West Bend, Wis. (ZIP Code 53090)
   Approximately 30 minutes northwest of Milwaukee, West Bend features a median home cost of $350,000, which has grown by 16.7% year-on-year. In this suburb, around 45% of homes sell for above the asking price.

6. Lincoln Park, Mich. (ZIP Code 48146)
   The Detroit suburb of Lincoln Park stands out for having the lowest median home price on the list at $158,000, which has seen a modest increase of 1.9% over the past year. Despite the lower price point, homes here are selling quickly, averaging just 30 days on the market.

Other Notable Mentions

Completing the top ten are Lewis Summit, Missouri, known for its median home price of $397,500, Little Neck, New York, on the edge of Queens, Howell, Michigan, a town located between Detroit and Lansing, and Menomonee Falls, Wisconsin, home to Kohl’s headquarters, with a median price of $410,000.

This trend toward the Midwest suggests a shift in buyer preferences as they prioritise affordability and increased living space. These regions could offer new opportunities for buyers navigating the current competitive market landscape.

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