Top 20 ZIP Codes for Gen Z Homebuyers

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.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

• 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.