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The 20 hottest housing markets in America

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san antonio riverwalk Real estate is a competitive business. In some markets, if you don't jump on a property you like right away, you risk losing it within days — or even hours.

A new study by Realtor.com found the hottest housing markets in country by zip code, measuring the time it takes properties to sell and how frequently homes are viewed. 

Homes in the hottest zip codes go fast, selling in an average of 25 days — a full 53 days faster on average than the rest of the country, according to Realtor.com. These places also have a few crucial similarities: They tout strong job markets and are home to a large population of millennials, one of the largest generations in US history. 

Notably, the top three places — Watauga, Texas; Pleasant Hill, California; and Northglenn, Colorado — are all located along the perimeter of major metro areas: Fort Worth, San Francisco, and Denver, respectively. These peripheral locations allow buyers to purchase relatively affordable homes within expensive metro areas, according to the report. 

Read on to check out the 20 hottest housing markets in America by zip code.

SEE ALSO: The 25 most expensive housing markets in the US

DON'T MISS: 10 cities where college graduates owe more than they earn

20. 58103 — Fargo, North Dakota

Population: 118,523

Median household income: $46,311

Median home listing price: $193,000

Job growth in the past year: 2%

Jobs added in the past year: 4,700



19. 49508 — Kentwood, Michigan

Population: 51,357

Median household income: $49,201

Median home listing price: $148,000

Job growth in the past year: 3%

Jobs added in the past year: 8,600



18. 14625 — Rochester, New York

Population: 209,802

Median household income: $30,784

Median home listing price: $203,000

Job growth in the past year: 1%

Jobs added in the past year: 3,600



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