Millennial Homebuyers Drive Hottest ZIP Codes in America Report

Santa Clara, Calif. -- Realtor.com recently announced its fourth annual list of the Hottest ZIP Codes in America. The new list shows high-income millennials are helping to drive a nearly 10% increase in how fast homes are sold in the most popular areas of the country, which spans emerging suburban areas near Silicon Valley, throughout the Midwest, and on the East Coast.

As millennials get older, move out on their own and buy homes, they are driving demand for homes in smaller, more suburban locales. Some of the new areas making this year's list include: Kentwood, Mich. (49508); Peabody, Mass. (01960); Boise, Idaho (83704); Rochester, N.Y. (14624); and Upper Montclair, N.J. (07043).