West Palm Beach’s 33403 ZIP code recorded an average sale price of $519,525 in the first quarter, up nearly 40% year-over-year, according to quarterly data from Intercontinental Exchange. Florida placed two ZIP codes in the top four of The Business Journals’ ranking of the nation’s hottest housing markets, which measures sales and pricing momentum rather than absolute volume or price. Marco Island’s 34145 ZIP code near Naples also landed near the top of the list. The ranking filtered for ZIP codes with at least 10 sales and an average price of $414,000, applying a weighted formula that emphasized recent price changes and sales velocity.
Chris Deitz, a principal agent at the Costello-Dietz Group, attributed Palm Beach and Miami demand to waterfront access, boating infrastructure, and lifestyle amenities that attract buyers seeking quality of life. No single region dominated the top 20; the East Coast, West Coast, Midwest, and Southeast all placed markets in the upper tier. Tahoe City, California, Baden, Pennsylvania, and Ocean City, New Jersey, rounded out the top five. The methodology overweighted list price and sale price momentum in the most recent quarter and trailing 12 months…