Redfin’s analysis of early 2025 housing trends reveals strong demand in Midwestern suburbs, where five of the ten most-viewed zip codes are in Michigan, Illinois, Wisconsin, Kansas, and Minnesota. This increased interest stems from affordability, highly-rated schools, and convenient access to urban centers. Homes in these neighborhoods are selling faster than a year ago, and inventory remains limited.
The competitive nature of these markets, driven by limited supply and high buyer interest, highlights a valuable insight for multifamily borrowers: low housing inventory in a region can drive demand and support property values, offering potential advantages for investors and developers. Higher demand often translates to faster leasing and stable occupancy rates, enhancing the value of multifamily and commercial real estate investments.
For more information about Redfin’s zip code analysis, click here.