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Top 20 ZIP Codes for Gen Z Homebuyers

November 20, 2023

3 min Read

Written by Heather Taylor

Edited by Amber Barkley

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Can you guess the ZIP codes where Gen Zers are invading the local home buying market? A study published by Homebuyer.com in November 2023 revealed the ZIP codes where Gen Zers are the dominant home-buying force.

To determine these ZIP codes, Homebuyer used data from the FFEIC and Home Mortgage Disclosure Act (HMDA) to pinpoint where Gen Z is taking the lead in home buying. Key findings from the study also noted financial insights as they pertained to household incomes, property values and loan amounts.

In descending order, here are the top 20 ZIP codes for Gen Z homebuyers.

50707 — Elk Run Heights, Iowa

Average property value: $161,000
Average loan amount: $139,500
Average household income: $56,450

45805 — Lima, Ohio

Average property value: $124,375
Average loan amount: $118,125
Average household income: $56,250

67211 — Wichita, Kansas

Average property value: $125,000
Average loan amount: $116,429
Average household income: $46,429

52401 — Cedar Rapids, Iowa

Average property value: $139,737
Average loan amount: $125,000
Average household income: $45,684

81003 — Pueblo, Colorado

Average property value: $250,714
Average loan amount: $246,429
Average household income: $82,333

23504 — Norfolk, Virginia

Average property value: $251,111
Average loan amount: $251,111
Average household income: $67,278

46151 — Painted Hills, Indiana

Average property value: $158,500
Average loan amount: $152,000
Average household income: $46,150

47421 — Avoca, Indiana

Average property value: $145,500
Average loan amount: $135,000
Average household income: $50,800

46721 — Butler, Indiana

Average property value: $143,235
Average loan amount: $136,176
Average household income: $52,706

49028 — Bronson, Michigan

Average property value: $179,118
Average loan amount: $163,235
Average household income: $74,875

54703 — Seymour, Wisconsin

Average property value: $189,444
Average loan amount: $178,333
Average household income: $62,333

31833 — West Point, Georgia

Average property value: $149,667
Average loan amount: $139,000
Average household income: $58,533

84655 — Santaquin, Utah

Average property value: $359,545
Average loan amount: $337,545
Average household income: $89,818

50702 — Washburn, Iowa

Average property value: $137,400
Average loan amount: $119,000
Average household income: $46,160

46746 — Howe, Indiana

Average property value: $377,381
Average loan amount: $258,810
Average household income: $73,810

56239 — Ghent, Minnesota

Average property value: $127,941
Average loan amount: $120,294
Average household income: $59,294

50651 — La Porte City, Iowa

Average property value: $145,556
Average loan amount: $130,000
Average household income: $55,556

28543 — Jacksonville, North Carolina

Average property value: $182,200
Average loan amount: $182,600
Average household income: $56,120

46740 — Geneva, Indiana

Average property value: $216,304
Average loan amount: $152,826
Average household income: $53,652

46767 — Ligonier, Indiana

Average property value: $376,818
Average loan amount: $306,364
Average household income: $90,273

Photo Disclaimer: Please note photos are for representational purposes only. As a result, some of the photos might not reflect the exact ZIP codes or locations listed in this article.

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