Zillow released its annual list of most popular housing markets this month and 2024 brought some surprises. of the most popular housing market across the country was Manchester, New Hampshire, which is the largest city in the small state of New England.
While Manchester isn't cheap — home values rose 7.3% over the past year, to an average of $415,000, according to the report — it's still much cheaper than Boston, which is about an hour's drive away (and has A average house price about $750,000).
There were also surprises when it comes to retirement the cities.
Where is the most popular pension market in the US?
According to Zillow data, the most popular city for retirees this year was Pahrump, Nevada, a town 50 miles from Las Vegas and away from the usual suspects like Arizona and Florida.
One-third of Pahrump's population is 65 or older, according to Zillow.
The No. 2 most popular city for retirees was Pinehurst, North Carolina, which was No. 1 last year, followed by Hilton Head Island, South Carolina.
These towns have “warm climates and abundant golf courses,” making them popular with retirees, according to the report, which defined retirement towns as areas where at least 33% of the population is older than 65 with no children. or other relatives (other than a spouse) living at home.
To create full reportZillow analyzed housing metrics, including consumer demand, pageview traffic, home value growth and how quickly homes sell.
Zillow