Escaping the City: America’s Hottest Neighborhoods of 2021

By: Lily Katz

 

Each place on this year’s list is located outside but within driving distance of at least one of the following coastal hubs: New York City, Boston, Philadelphia, San Francisco or Los Angeles. The majority of the top 10 neighborhoods have seen double-digit growth in home sales and housing values over the past year, and most are relatively affordable, with a median home price below the national level of $336,000.

 

This is according to a Redfin analysis that ranked U.S. zip codes by year-over-year growth in listing views on Redfin.com and Redfin Compete Score—a measure of how difficult it is to win a home based on factors including days on market, share of homes that sold above their listing prices and sale-to-list price ratio. All data represents October 2020.

 

A handful of places on the top 10 list, including California’s Lake Tahoe and the Lakes Region of New Hampshire, were already popular vacation getaways that are now attracting affluent city dwellers who are working from home during the pandemic. Other locations in the ranking, such as Mountain House, California and Washington Township, New Jersey, are luring families who want backyards and extra bedrooms while staying relatively close to major metropolitan areas.

 

“Remote work is allowing Americans to live where they actually want to live. People are no longer tied to the cities where their offices are located,” said Redfin Chief Economist Daryl Fairweather. “Some folks are buying second homes in resort towns while others are moving to family-friendly suburbs where they can get more bang for their buck.”

 

The pandemic will eventually come to an end, but suburbs and vacation towns will likely remain popular among homebuyers, Fairweather added.

 

“You can’t put the genie back in the bottle,” Fairweather said. “Many Americans have learned that they can be productive working from home. If their employer asks them to return to the office in the city five days a week, they can find a new employer.”

1. Lake Tahoe, CA

Zip code: 96145
Parent metro area: Sacramento, CA
Median sale price: $945,000 (+28% YoY)
Median sale price of parent metro area: $480,000 (+17% YoY)
Median days on market: 48 (-25 days YoY)
Change in home sales: +87% YoY
Change in median views per listing: +280% YoY
Share of homes that sold above list price: 36%

 

2. Chester/Andover, VT

Zip code: 05143
Parent metro area: Lebanon, NH
Median sale price: $281,250 (+34% YoY)
Median sale price of parent metro area: $278,475 (+30% YoY)
Median days on market: 83 (-42 days YoY)
Change in home sales: +60% YoY
Change in median views per listing: +267% YoY
Share of homes that sold above list price: 15%

 

3. Big Bear, CA

Zip code: 92386
Parent metro area: Riverside, CA
Median sale price: $220,000 (+9% YoY)
Median sale price of parent metro area: $439,000 (+14% YoY)
Median days on market: 35 (-34 days YoY)
Change in home sales: +79% YoY
Change in median views per listing: +255% YoY
Share of homes that sold above list price: 50%

 

4. Stratford, NJ

Zip code: 08084
Parent metro area: Camden, NJ
Median sale price: $200,500 (+8% YoY)
Median sale price of parent metro area: $235,000 (+21% YoY)
Median days on market: 19 (-35 days YoY)
Change in home sales: +17% YoY
Change in median views per listing: +254% YoY
Share of homes that sold above list price: 41%

 

5. Sebago Lake, ME

Zip code: 04084
Parent metro area: Portland, ME
Median sale price: $324,895 (+18% YoY)
Median sale price of parent metro area: $370,000 (+26% YoY)
Median days on market: 8 (-21 days YoY)
Change in home sales: +32% YoY
Change in median views per listing: +254% YoY
Share of homes that sold above list price: 44%

 

6. Lakes Region, NH

Zip code: 03253
Parent metro area: Laconia, NH
Median sale price: $500,000 (+33% YoY)
Median sale price of parent metro area: $325,000 (+25% YoY)
Median days on market: 49 (-36 days YoY)
Change in home sales: +11% YoY
Change in median views per listing: +234% YoY
Share of homes that sold above list price: 44%

 

7. Fall River, MA

Zip code: 02723
Parent metro area: Providence, RI
Median sale price: $315,000 (+17% YoY)
Median sale price of parent metro area: $335,000 (+16% YoY)
Median days on market: 23 (-32 days YoY)
Change in home sales: +6% YoY
Change in median views per listing: +242% YoY
Share of homes that sold above list price: 67%

 

8. Somerdale, NJ

Zip code: 08083
Parent metro area: Camden, NJ
Median sale price: $220,000 (+25% YoY)
Median sale price of parent metro area: $235,000 (+21% YoY)
Median days on market: 18 (-37 days YoY)
Change in home sales: +24% YoY
Change in median views per listing: +244% YoY
Share of homes that sold above list price: 52%

 

9. Washington Township, NJ

Zip code: 08012
Parent metro area: Camden, NJ
Median sale price: $215,000 (+14% YoY)
Median sale price of parent metro area: $235,000 (+21% YoY)
Median days on market: 20 (-42 days YoY)
Change in home sales: +14% YoY
Change in median views per listing: +241% YoY
Share of homes that sold above list price: 51%

 

10. Mountain House, CA

Zip code: 95391
Parent metro area: Oakland, CA
Median sale price: $712,500 (+23% YoY)
Median sale price of parent metro area: $821,000 (+10% YoY)
Median days on market: 6 (-42 days YoY)
Change in home sales: -15% YoY
Change in median views per listing: +265% YoY
Share of homes that sold above list price: 79%

 

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