Watauga, Texas has topped Realtor.com's annual ranking of hottest neighborhoods by ZIP code. A suburb of Fort Worth, TX, Watauga's median household income is $66,041 with a median house list price of $160,441.
While affordability, high salaries and strong job markets are important factors dictating the rankings, the influence of millennials, the largest generation in U.S. history, is heavily influencing housing markets. Older millennials make up 17% of households in the top 10 ZIP codes, and 15% nationwide.
With a young population, a strong economy, and schools that have been rated among the best in the state, this near suburb of Fort Worth has what many buyers—especially those all-important millennials—are looking for. The rankings are based on how long it takes properties to sell in each ZIP code (an indication of supply) and how frequently homes there are viewed on realtor.com (an indication of demand).
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