As home prices continue to change, major cities that experienced real estate booms in the past years are dropping while smaller cities are now experiencing rises in home values. According to The Washington Post, homebuyers continue to move to the outskirts of major metropolitan areas, where houses are more affordable.
These 50 ZIP codes are fast becoming the hottest areas in the real estate market, with the majority in Texas, Florida, California, New Jersey, South Carolina and North Carolina. The monthly price change in these areas ranges from less than $500 to about $50,000.
To help you understand the rising changes in home values for these ZIP codes, GOBankingRates has provided the home values in these locations for April 2023, April 2024 and May 2024.
The ranking is based on percentage change in home value between April and May 2024.
1. Knoxville, Tennessee
- ZIP Code: 74557
- May 2024 Home Value: $306,615
- April 2024 Home Value: $304,562
- April 2023 Home Value: $274,694
- May 2019 Home Value: $148,214
- 5-Year Change in Home Value: $158,402
- YoY Change in Home Value: $31,922
- 1-Month Change in Home Value: $2,053
- Average change April to May 2024: 39.7%
2. Brownsville, Florida
- ZIP Code: 72445
- May 2024 Home Value: $420,605
- April 2024 Home Value: $416,400
- April 2023 Home Value: $373,259
- May 2019 Home Value: $211,095
- 5-Year Change in Home Value: $209,510
- YoY Change in Home Value: $47,346
- 1-Month Change in Home Value: $4,205
- Average change April to May 2024: 37.7%
3. San Diego
- ZIP Code: 96668
- May 2024 Home Value: $1,890,062
- April 2024 Home Value: $1,857,215
- April 2023 Home Value: $1,645,346
- May 2019 Home Value: $1,000,004
- 5-Year Change in Home Value: $890,058
- YoY Change in Home Value: $244,717
- 1-Month Change in Home Value: $32,847
- Average change April to May 2024: 35.2%
4. San Diego
- ZIP Code: 96670
- May 2024 Home Value: $1,502,732
- April 2024 Home Value: $1,475,650
- April 2023 Home Value: $1,282,965
- May 2019 Home Value: $813,121
- 5-Year Change in Home Value: $689,611
- YoY Change in Home Value: $219,767
- 1-Month Change in Home Value: $27,172
- Average change April to May 2024: 34.6%
5. West Little River, Florida
- ZIP Code: 72450
- May 2024 Home Value: $420,995
- April 2024 Home Value: $416,842
- April 2023 Home Value: $372,066
- May 2019 Home Value: $222,918
- 5-Year Change in Home Value: $198,077
- YoY Change in Home Value: $48,929
- 1-Month Change in Home Value: $4,153
- Average change April to May 2024: 34.3%
6. San Diego
- ZIP Code: 96671
- May 2024 Home Value: $2,326,855
- April 2024 Home Value: $2,290,245
- April 2023 Home Value: $2,020,781
- May 2019 Home Value: $1,255,422
- 5-Year Change in Home Value: $1,071,434
- YoY Change in Home Value: $306,074
- 1-Month Change in Home Value: $36,611
- Average change April to May 2024: 34%
7. Lindenwold, New Jersey
- ZIP Code: 60916
- May 2024 Home Value: $266,640
- April 2024 Home Value: $265,535
- April 2023 Home Value: $240,400
- May 2019 Home Value: $140,671
- 5-Year Change in Home Value: $125,969
- YoY Change in Home Value: $26,240
- 1-Month Change in Home Value: $1,105
- Average change April to May 2024: 33.6%
8. East Lake-Orient Park, Florida
- ZIP Code: 72713
- May 2024 Home Value: $285,424
- April 2024 Home Value: $285,139
- April 2023 Home Value: $267,946
- May 2019 Home Value: $146,988
- 5-Year Change in Home Value: $138,437
- YoY Change in Home Value: $17,479
- 1-Month Change in Home Value: $285
- Average change April to May 2024: 33.6%
9. Carlsbad, California
- ZIP Code: 96582
- May 2024 Home Value: $1,783,916
- April 2024 Home Value: $1,758,622
- April 2023 Home Value: $1,564,396
- May 2019 Home Value: $963,760
- 5-Year Change in Home Value: $820,156
- YoY Change in Home Value: $219,520
- 1-Month Change in Home Value: $25,294
- Average change April to May 2024: 33.5%
10. Knoxville, Tennessee
- ZIP Code: 74555
- May 2024 Home Value: $329,090
- April 2024 Home Value: $327,495
- April 2023 Home Value: $299,193
- May 2019 Home Value: $173,350
- 5-Year Change in Home Value: $155,741
- YoY Change in Home Value: $29,897
- 1-Month Change in Home Value: $1,596
- Average change April to May 2024: 33.4%
11. Irvine, California
- ZIP Code: 96954
- May 2024 Home Value: $1,951,254
- April 2024 Home Value: $1,906,984
- April 2023 Home Value: $1,607,302
- May 2019 Home Value: $1,105,380
- 5-Year Change in Home Value: $845,874
- YoY Change in Home Value: $343,951
- 1-Month Change in Home Value: $44,270
- Average change April to May 2024: 33.4%
12. Allentown, Pennsylvania
- ZIP Code: 65367
- May 2024 Home Value: $193,364
- April 2024 Home Value: $191,358
- April 2023 Home Value: $175,149
- May 2019 Home Value: $102,501
- 5-Year Change in Home Value: $90,863
- YoY Change in Home Value: $18,215
- 1-Month Change in Home Value: $2,006
- Average change April to May 2024: 33.4%
13. North Miami, Florida
- ZIP Code: 72464
- May 2024 Home Value: $581,712
- April 2024 Home Value: $577,573
- April 2023 Home Value: $521,952
- May 2019 Home Value: $309,989
- 5-Year Change in Home Value: $271,724
- YoY Change in Home Value: $59,761
- 1-Month Change in Home Value: $4,139
- Average change April to May 2024: 33.3%
14. Mount Pleasant, South Carolina
- ZIP Code: 70496
- May 2024 Home Value: $941,759
- April 2024 Home Value: $931,973
- April 2023 Home Value: $831,729
- May 2019 Home Value: $508,715
- 5-Year Change in Home Value: $433,044
- YoY Change in Home Value: $110,029
- 1-Month Change in Home Value: $9,786
- Average change April to May 2024: 33.1%
15. Lakewood, New Jersey
- ZIP Code: 61148
- May 2024 Home Value: $757,566
- April 2024 Home Value: $758,053
- April 2023 Home Value: $660,156
- May 2019 Home Value: $414,144
- 5-Year Change in Home Value: $343,422
- YoY Change in Home Value: $97,410
- 1-Month Change in Home Value: $9,514
- Average change April to May 2024: 33%
16. Wilkes-Barre, Pennsylvania
- ZIP Code: 65570
- May 2024 Home Value: $143,396
- April 2024 Home Value: $140,787
- April 2023 Home Value: $127,298
- May 2019 Home Value: $78,276
- 5-Year Change in Home Value: $65,120
- YoY Change in Home Value: $16,097
- 1-Month Change in Home Value: $2,608
- Average change April to May 2024: 32.6%
17. Upper Darby, Pennsylvania
- ZIP Code: 65753
- May 2024 Home Value: $193,673
- April 2024 Home Value: $191,942
- April 2023 Home Value: $175,181
- May 2019 Home Value: $104,041
- 5-Year Change in Home Value: $89,632
- YoY Change in Home Value: $18,492
- 1-Month Change in Home Value: $1,731
- Average change April to May 2024: 32.6%
18. Donna, Texas
- ZIP Code: 92487
- May 2024 Home Value: $140,155
- April 2024 Home Value: $139,572
- April 2023 Home Value: $130,637
- May 2019 Home Value: $74,008
- 5-Year Change in Home Value: $66,147
- YoY Change in Home Value: $9,517
- 1-Month Change in Home Value: $583
- Average change April to May 2024: 32.4%
19. Palm River-Clair Mel, Florida
- ZIP Code: 72722
- May 2024 Home Value: $296,269
- April 2024 Home Value: $295,854
- April 2023 Home Value: $279,504
- May 2019 Home Value: $155,298
- 5-Year Change in Home Value: $140,970
- YoY Change in Home Value: $16,765
- 1-Month Change in Home Value: $414
- Average change April to May 2024: 32.3%
20. Miami
- ZIP Code: 72478
- May 2024 Home Value: $885,722
- April 2024 Home Value: $875,923
- April 2023 Home Value: $788,920
- May 2019 Home Value: $485,611
- 5-Year Change in Home Value: $400,111
- YoY Change in Home Value: $96,802
- 1-Month Change in Home Value: $9,799
- Average change April to May 2024: 31.9%
21. North Miami Beach, Florida
- ZIP Code: 72465
- May 2024 Home Value: $527,251
- April 2024 Home Value: $523,059
- April 2023 Home Value: $477,125
- May 2019 Home Value: $287,020
- 5-Year Change in Home Value: $240,232
- YoY Change in Home Value: $50,126
- 1-Month Change in Home Value: $4,192
- Average change April to May 2024: 31.7%
22. Homestead, Florida
- ZIP Code: 72371
- May 2024 Home Value: $457,062
- April 2024 Home Value: $454,133
- April 2023 Home Value: $413,948
- May 2019 Home Value: $248,937
- 5-Year Change in Home Value: $208,126
- YoY Change in Home Value: $43,115
- 1-Month Change in Home Value: $2,930
- Average change April to May 2024: 31.6%
23. Laguna Niguel, California
- ZIP Code: 96987
- May 2024 Home Value: $1,615,999
- April 2024 Home Value: $1,590,408
- April 2023 Home Value: $1,393,949
- May 2019 Home Value: $914,170
- 5-Year Change in Home Value: $701,821
- YoY Change in Home Value: $222,042
- 1-Month Change in Home Value: $25,584
- Average change April to May 2024: 31.4%
24. Miami
- ZIP Code: 72460
- May 2024 Home Value: $639,095
- April 2024 Home Value: $633,190
- April 2023 Home Value: $571,067
- May 2019 Home Value: $352,527
- 5-Year Change in Home Value: $286,567
- YoY Change in Home Value: $68,028
- 1-Month Change in Home Value: $5,905
- Average change April to May 2024: 31.4%
25. Bentonville, Arkansas
- ZIP Code: 89712
- May 2024 Home Value: $465,059
- April 2024 Home Value: $462,801
- April 2023 Home Value: $433,040
- May 2019 Home Value: $249,797
- 5-Year Change in Home Value: $215,262
- YoY Change in Home Value: $32,019
- 1-Month Change in Home Value: $2,258
- Average change April to May 2024: 31.4%
26. Egypt Lake-Leto, Florida
- ZIP Code: 72717
- May 2024 Home Value: $379,059
- April 2024 Home Value: $377,225
- April 2023 Home Value: $351,084
- May 2019 Home Value: $204,526
- 5-Year Change in Home Value: $174,533
- YoY Change in Home Value: $27,975
- 1-Month Change in Home Value: $1,834
- Average change April to May 2024: 31.3%
27. Irvine, California
- ZIP Code: 96952
- May 2024 Home Value: $1,978,765
- April 2024 Home Value: $1,934,927
- April 2023 Home Value: $1,665,942
- May 2019 Home Value: $1,146,642
- 5-Year Change in Home Value: $832,123
- YoY Change in Home Value: $312,823
- 1-Month Change in Home Value: $43,838
- Average change April to May 2024: 31.2%
28. Palm Beach Gardens, Florida
- ZIP Code: 72585
- May 2024 Home Value: $870,037
- April 2024 Home Value: $864,899
- April 2023 Home Value: $809,340
- May 2019 Home Value: $468,976
- 5-Year Change in Home Value: $401,060
- YoY Change in Home Value: $60,696
- 1-Month Change in Home Value: $5,138
- Average change April to May 2024: 31.2%
29. Charlotte, North Carolina
- ZIP Code: 69771
- May 2024 Home Value: $298,237
- April 2024 Home Value: $296,847
- April 2023 Home Value: $285,606
- May 2019 Home Value: $159,144
- 5-Year Change in Home Value: $139,093
- YoY Change in Home Value: $12,631
- 1-Month Change in Home Value: $1,390
- Average change April to May 2024: 30.8%
30. Winston-Salem, North Carolina
- ZIP Code: 69208
- May 2024 Home Value: $165,276
- April 2024 Home Value: $162,896
- April 2023 Home Value: $147,890
- May 2019 Home Value: $92,465
- 5-Year Change in Home Value: $72,811
- YoY Change in Home Value: $17,386
- 1-Month Change in Home Value: $2,380
- Average change April to May 2024: 30.7%
31. Miami
- ZIP Code: 72479
- May 2024 Home Value: $564,457
- April 2024 Home Value: $559,041
- April 2023 Home Value: $506,022
- May 2019 Home Value: $315,555
- 5-Year Change in Home Value: $248,902
- YoY Change in Home Value: $58,435
- 1-Month Change in Home Value: $5,416
- Average change April to May 2024: 30.5%
32. Scottsdale, Arizona
- ZIP Code: 94847
- May 2024 Home Value: $1,333,387
- April 2024 Home Value: $1,323,056
- April 2023 Home Value: $1,217,125
- May 2019 Home Value: $739,268
- 5-Year Change in Home Value: $596,119
- YoY Change in Home Value: $118,262
- 1-Month Change in Home Value: $12,331
- Average change April to May 2024: 30.4%
33. San Diego
- ZIP Code: 96669
- May 2024 Home Value: $1,264,921
- April 2024 Home Value: $1,246,815
- April 2023 Home Value: $1,099,409
- May 2019 Home Value: $726,986
- 5-Year Change in Home Value: $537,935
- YoY Change in Home Value: $165,512
- 1-Month Change in Home Value: $18,106
- Average change April to May 2024: 30.5%
34. Miami Gardens, Florida
- ZIP Code: 72472
- May 2024 Home Value: $489,074
- April 2024 Home Value: $486,125
- April 2023 Home Value: $440,055
- May 2019 Home Value: $274,089
- 5-Year Change in Home Value: $214,986
- YoY Change in Home Value: $49,019
- 1-Month Change in Home Value: $2,950
- Average change April to May 2024: 30.1%
35. Charleston, South Carolina
- ZIP Code: 70455
- May 2024 Home Value: $613,682
- April 2024 Home Value: $607,284
- April 2023 Home Value: $548,610
- May 2019 Home Value: $346,420
- 5-Year Change in Home Value: $267,262
- YoY Change in Home Value: $65,072
- 1-Month Change in Home Value: $6,397
- Average change April to May 2024: 30.4%
36. Sanford, North Carolina
- ZIP Code: 69304
- May 2024 Home Value: $289,604
- April 2024 Home Value: $287,111
- April 2023 Home Value: $273,955
- May 2019 Home Value: $158,080
- 5-Year Change in Home Value: $131,524
- YoY Change in Home Value: $15,649
- 1-Month Change in Home Value: $2,493
- Average change April to May 2024: 30.0%
37. Jonesboro, Georgia
- ZIP Code: 70977
- May 2024 Home Value: $251,895
- April 2024 Home Value: $251,251
- April 2023 Home Value: $245,691
- May 2019 Home Value: $134,955
- 5-Year Change in Home Value: $116,940
- YoY Change in Home Value: $6,204
- 1-Month Change in Home Value: $644
- Average change April to May 2024: 29.8%
38. Albuquerque, New Mexico
- ZIP Code: 95300
- May 2024 Home Value: $266,075
- April 2024 Home Value: $263,993
- April 2023 Home Value: $244,820
- May 2019 Home Value: $147,857
- 5-Year Change in Home Value: $118,218
- YoY Change in Home Value: $21,256
- 1-Month Change in Home Value: $2,083
- Average change April to May 2024: 29.8%
39. Brownsville, Texas
- ZIP Code: 92481
- May 2024 Home Value: $166,650
- April 2024 Home Value: $165,341
- April 2023 Home Value: $157,142
- May 2019 Home Value: $91,497
- 5-Year Change in Home Value: $75,153
- YoY Change in Home Value: $9,508
- 1-Month Change in Home Value: $1,309
- Average change April to May 2024: 29.7%
40. Tampa, Florida
- ZIP Code: 72715
- May 2024 Home Value: $310,157
- April 2024 Home Value: $309,645
- April 2023 Home Value: $289,597
- May 2019 Home Value: $170,708
- 5-Year Change in Home Value: $139,450
- YoY Change in Home Value: $20,560
- 1-Month Change in Home Value: $512
- Average change April to May 2024: 29.7%
41. Sicklerville, New Jersey
- ZIP Code: 60971
- May 2024 Home Value: $357,059
- April 2024 Home Value: $354,469
- April 2023 Home Value: $326,634
- May 2019 Home Value: $199,680
- 5-Year Change in Home Value: $157,379
- YoY Change in Home Value: $30,425
- 1-Month Change in Home Value: $2,589
- Average change April to May 2024: 29.6%
42. Phoenix
- ZIP Code: 94725
- May 2024 Home Value: $304,560
- April 2024 Home Value: $303,473
- April 2023 Home Value: $283,810
- May 2019 Home Value: $168,230
- 5-Year Change in Home Value: $136,330
- YoY Change in Home Value: $20,750
- 1-Month Change in Home Value: $1,087
- Average change April to May 2024: 29.6%
43. Bridgeport, Connecticut
- ZIP Code: 60390
- May 2024 Home Value: $372,996
- April 2024 Home Value: $369,670
- April 2023 Home Value: $331,370
- May 2019 Home Value: $212,962
- 5-Year Change in Home Value: $160,035
- YoY Change in Home Value: $41,626
- 1-Month Change in Home Value: $3,327
- Average change April to May 2024: 29.5%
44. Mount Pleasant, South Carolina
- ZIP Code: 70498
- May 2024 Home Value: $851,378
- April 2024 Home Value: $844,077
- April 2023 Home Value: $761,382
- May 2019 Home Value: $485,607
- 5-Year Change in Home Value: $365,771
- YoY Change in Home Value: $89,997
- 1-Month Change in Home Value: $7,301
- Average change April to May 2024: 29.3%
45. San Diego
- ZIP Code: 96667
- May 2024 Home Value: $1,083,232
- April 2024 Home Value: $1,069,278
- April 2023 Home Value: $933.168
- May 2019 Home Value: $635,194
- 5-Year Change in Home Value: $448,038
- YoY Change in Home Value: $150,064
- 1-Month Change in Home Value: $13,955
- Average change April to May 2024: 29.3%
46. Providence, Rhode Island
- ZIP Code: 58984
- May 2024 Home Value: $359,230
- April 2024 Home Value: $355,556
- April 2023 Home Value: $319,095
- May 2019 Home Value: $206,166
- 5-Year Change in Home Value: $153,064
- YoY Change in Home Value: $40,134
- 1-Month Change in Home Value: $3,674
- Average change April to May 2024: 29.3%
47. Statesboro, Georgia
- ZIP Code: 71141
- May 2024 Home Value: $248,108
- April 2024 Home Value: $245,961
- April 2023 Home Value: $220,568
- May 2019 Home Value: $142,259
- 5-Year Change in Home Value: $105,849
- YoY Change in Home Value: $27,540
- 1-Month Change in Home Value: $2,147
- Average change April to May 2024: 29.3%
48. Town ‘n’ Country, Florida
- ZIP Code: 72718
- May 2024 Home Value: $393,844
- April 2024 Home Value: $392,499
- April 2023 Home Value: $368,104
- May 2019 Home Value: $218,526
- 5-Year Change in Home Value: $175,318
- YoY Change in Home Value: $27,740
- 1-Month Change in Home Value: $1,345
- Average change April to May 2024: 29.2%
49. Miami
- ZIP Code: 72458
- May 2024 Home Value: $733849
- April 2024 Home Value: $725,251
- April 2023 Home Value: $658,439
- May 2019 Home Value: $420,361
- 5-Year Change in Home Value: $313,488
- YoY Change in Home Value: $75,410
- 1-Month Change in Home Value: $8,598
- Average change April to May 2024: 29.1%
50. San Diego
- ZIP Code: 96653
- May 2024 Home Value: $1,054,913
- April 2024 Home Value: $1,041,577
- April 2023 Home Value: $922,105
- May 2019 Home Value: $615,089
- 5-Year Change in Home Value: $439,824
- YoY Change in Home Value: $132,808
- 1-Month Change in Home Value: $13,336
- Average change April to May 2024: 29.1%
Methodology: For this piece, GOBankingRates looked at the 2,000 biggest ZIP code housing markets according to Zillow. Their GOBankingRates found the (1) 5-year (May 2019 to May 2024) percent change in home value; (2) 1-year (May 2023 to May 2024) percent change in home value; and (3) 1-month (April 2024 to May 2024) percent change in home value. GOBankingRates then averaged out factors (1)-(3) and the 50 ZIP codes with the biggest average were included in the final rankings. To be considered, the ZIP code had to have a positive percent change for all three factors. All data was collected on and is up to date as of June 25, 2024.
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