BusinessTop Northeast Small Towns Dominate as Zillow's Hottest Markets for 2023

Top Northeast Small Towns Dominate as Zillow’s Hottest Markets for 2023

Exciting News: West Chester, Pennsylvania ranked‌ as Zillow shoppers’ favorite market ​of 2023

, ‍‍ /PRNewswire/ — The⁤ most popular market among Zillow® surfers this year⁢ was West Chester, ​Pennsylvania. After the‌ West Coast ruled in‍ 2021 and the ⁤Midwest took the top spot last year, ⁤the Northeast ‌dominated this year’s list.

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Smaller Northeast towns dominated​ Zillow's most popular markets ⁢in ‌2023.

Zillow surfers⁤ generally⁤ gravitated toward smaller ⁢cities in 2023. Of ‌the 10⁣ most popular markets, ‌only one — Manchester, New Hampshire — has a population of more than ⁢100,000, and most have⁢ less than half that number.

The top 10 most popular markets of 2023 on Zillow:

  1. West Chester, Pennsylvania
  2. Nashua, New Hampshire
  3. Manchester, New Hampshire
  4. Wethersfield, Connecticut
  5. West Hartford, Connecticut
  6. Stow, Ohio
  7. Middletown, Connecticut
  8. Twinsburg, Ohio
  9. Newington, Connecticut
  10. Concord, New Hampshire

Chula Vista,⁢ California, won out for most popular large⁢ city.‌ South‌ Portland, Maine, was the ⁤most popular ⁤seaside town, while‌ Vermilion, Ohio, took ⁣the top spot among vacation towns. North Carolina’s Pinehurst edged out Hilton Head Island, South Carolina, for the top retirement town. West Chester also‌ ranked first among college towns, ‍with⁤ Kent, Ohio, coming in ⁢just behind it.

“Affordability​ was the word on home shoppers’‍ minds this year, and it shows in‌ the most popular cities that buyers on Zillow gravitated toward,” said Zillow Chief Economist Skylar Olsen. ‍”Heading into next ⁣year, the winds appear to be shifting just ‌a bit. Buying a home ​will⁣ still be expensive in much of the country, but ⁣more listings and much flatter‍ home price growth will make life easier for home shoppers.”

To rank the‍ most popular ‍markets among Zillow surfers, Zillow analyzed housing metrics ​that indicate consumer demand — including‍ page-view traffic,‌ home value growth and days on market — for nearly ⁢2,300 U.S. cities.

Most popular on Zillow overall: West Chester, Pennsylvania
West Chester, Pennsylvania, a‌ quaint town of about 20,000 people near Philadelphia, took the top spot in ‍Zillow’s list of ‍2023’s most popular markets.

Strong interest ⁤among home shoppers on Zillow has helped push⁤ West Chester home values about​ 8% higher over the⁣ past year. The‌ typical home ​in ‍West Chester‌ is worth about $584,000, putting it among the more expensive cities ⁤in Pennsylvania. But given its relative affordability compared to larger markets nearby, such as New York City ​and Washington, D.C.,⁢ those looking for a break from city life ‌may see West Chester as an ‌attractive⁣ and affordable place to call home.

West Chester ranked within the top 100 cities in Zillow page views​ per listing in Zillow’s rankings, ⁣far outperforming its size. Almost two-thirds of those views came from ⁤outside the city, possibly signaling ‌interest in ⁢moving there.

While West Chester took the top spot,

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