In 2023, despite the surge in mortgage rates, Houston's housing market continued its trend of drawing more individuals to suburban areas, as revealed in a recent report by Opendoor. Notably, Cypress and Katy, two ZIP codes in the Houston region, claimed the top two positions as the most sought-after locales in the United States.
The investigation focused on U.S. ZIP codes where home purchases occurred most rapidly throughout 2023, utilizing data from local Multiple Listing Services (MLS) in markets where Opendoor is active. The rankings were based on the total number of homes entering into contracts within 90 days of being listed. The overall findings underscore a growing inclination for residing outside major urban centers, with a distinct preference for suburban and exurban living. The 77433 ZIP code in Cypress emerged as the fastest-selling area nationwide! This marks a noteworthy ascent from its seventh-place position in 2022.
Texas ZIP codes dominated taking 7 in 10 of the top spots.
No. 3 – Clarksville, Tennessee (37042)
No. 4 – Yukon, Oklahoma (73099)
No. 5 – Summerville, South Carolina (29486)
No. 6 – Forney, Texas (75126)
No. 7 – Aubrey, Texas (76227)
No. 8 – New Braunfels, Texas (78130)
No. 9 – San Antonio, Texas (78253)
No. 10 – Fort Worth, Texas (76179)